Minority Equality Opportunities extends deadline to complete combination

Minority Equality Opportunities Acquisition announced that, at a special meeting of its stockholders held on November 29, its stockholders had approved an amendment to its amended and restated certificate of incorporation to extend the date by which the company must consummate its initial business combination from November 30, 2022 up to six one-month extensions to May 30, 2023, or such earlier date as determined by the company’s board of directors. In connection with each one-month extension, funds in the amount of $83,333.33 must be deposited into the company’s trust account, for an aggregate deposit for the full six month extension period of $500,000. On November 30, $83,333.33 was deposited into the company’s trust account to extend the period by which the company must consummate its initial business combination for the first of such one-month extensions. The extension provides the company with additional time to complete its proposed business combination with Digerati Technologies, Inc. pursuant to the Business Combination Agreement dated as of August 30 between the company and Digerati Technologies.