Press Release: Minority Equality Opportunities Acquisition Inc. Announces it Will Redeem its Public Shares and Will Not Consummate an Initial Business Combination
Minority Equality Opportunities Acquisition Inc. Announces it Will Redeem its Public Shares and Will Not Consummate an Initial Business Combination. As of the close of business on July 3, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount.The Company's sponsor has agreed to waive its redemption rights with respect to its outstanding Class B common stock issued prior to the Company's initial public offering. There will be no redemption rights or liquidating distributions with respect to the Company's warrants, which will expire worthless.This press release contains statements that constitute "forward-looking statements." Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Ri