Minority Equality Opportunities Acquisition Inc. Announces It Will Redeem its Public Shares And Will Not Consummate An Initial Business Combination; Per-Share Redemption Price Of ~$10.91
Portfolio Pulse from Benzinga Newsdesk
Minority Equality Opportunities Acquisition Inc. (MEOA) announced it will dissolve and liquidate, as it did not complete an initial business combination by June 30, 2023. The company will redeem all outstanding shares of Class A common stock at an estimated per-share redemption price of approximately $10.91. The redemption is expected to be completed on July 17, 2023. The company's securities will be delisted from Nasdaq and the registration of its securities will be terminated.
July 03, 2023 | 2:02 pm
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MEOA is dissolving and liquidating, redeeming all outstanding Class A common stock at an estimated per-share price of $10.91. The company's securities will be delisted from Nasdaq.
The news of MEOA's dissolution and liquidation, along with the redemption of all outstanding Class A common stock and the delisting of its securities from Nasdaq, is directly related to the company and will have a significant impact on its stock price. The score is -1 as the company is dissolving and its securities will be delisted.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100