Business
Minority Equality Opportunities Acquisition Inc. Announces Postponement of Special Meeting of Shareholders Until Friday, May 26, 2023 at 10:00 a.m. EDT
Minority Equality Opportunities Acquisition Inc. Announces Postponement of Special Meeting of Shareholders Until Friday, May 26, 2023 at 10:00 a.m. EDT.
About this update from Digerati Technologies, Inc.
[{"type":"text","content":"\n\n\n\nMinority Equality Opportunities Acquisition Inc. Announces Postponement of Special Meeting of Shareholders Until Friday, May 26, 2023 at 10:00 a.m. EDT\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nMinority Equality Opportunities Acquisition Inc. Announces Postponement of Special Meeting of Shareholders Until Friday, May 26, 2023 at 10:00 a.m. EDT\nPR Newswire\nWAXAHACHIE, Texas, May 24, 2023\n\n\n\nWAXAHACHIE, Texas, May 24, 2023 /PRNewswire/ -- Minority Equality Opportunities Acquisition Inc. (NASDAQ: MEOA) (\"MEOA\" or the \"Company\"), a special purpose acquisition company, filed a definitive proxy statement / final prospectus with respect to a special meeting of its stockholders to be held on Wednesday, May 24, 2023 at 10:00 a.m. EDT (the \"Special Meeting\") to vote on, among other things, a proposal to adopt and approve that certain Business Combination Agreement by and among MEOA, Digerati Technologies, Inc. and MEOA Merger Sub, Inc., and the business combination contemplated thereby (the \"Business Combination\").\nOn May 24, 2023, MEOA determined to postpone the Special Meeting until 10:00 a.m. EDT on Friday, May 26, 2023.\nBased upon the preliminary reports that have been provided to MEOA, the holders of an aggregate of 728,815 public shares of MEOA's Class A common stock have submitted requests that their public shares be redeemed in connection with the Special Meeting, with these redemptions only taking effect upon the closing of the Business Combination. At the closing of the Business Combination, an aggregate of 52,013 public shares shall remain outstanding. This amount takes into account the redemptions discussed in this paragraph plus the redemptions that were requested and that took effect in connection with MEOA's special meeting of stockholders held on May 23, 2023.\nAbout Minority Equality Opportunities Acquisition Inc.\nMinority Equality Opportunities Acquisition Inc. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, organized under the laws of Delaware and formed to effect a merger, sha...