Item 1.02. Termination of a Material Definitive Agreement.

As previously disclosed by Minority Equality Opportunities Acquisition Inc., a Delaware corporation ("MEOA"), in a Current Report on Form 8-K that it filed with the U.S. Securities and Exchange Commission on September 6, 2022, on August 30, 2022, MEOA, MEOA Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of MEOA, and Digerati Technologies, Inc., a Nevada corporation ("Digerati"), entered into a Business Combination Agreement (the "BCA"), pursuant to which, among other things, MEOA Merger Sub, Inc. would merge with and into Digerati, with Digerati as the surviving company in the merger and, after giving effect to such merger, Digerati would be a wholly-owned subsidiary of MEOA. On June 15, 2023, MEOA terminated the BCA, and abandoned the business combination contemplated thereby, pursuant to Sections 7.1(d) and 7.1(k) thereof, and delivered written notice of such termination to Digerati. The termination of the BCA shall have the effects set forth in Section 7.2 of the BCA.

On June 15, 2023, MEOA also received a letter from Digerati pursuant to which Digerati informed MEOA that Digerati had determined to, and did thereby, terminate the BCA pursuant to Section 7.1(d) of the BCA.

The termination of the BCA also terminates and makes void the Transaction Support Agreements and the Sponsor Letter Agreement (each as defined in the BCA), which were executed concurrently with the BCA.




Item 8.01. Other Events.


On May 3, 2023, MEOA filed with the Securities and Exchange Commission (the "SEC") 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 the BCA and the business combination contemplated thereby.

On May 24, 2023, MEOA determined to postpone the Special Meeting until Friday, May 26, 2023, and on each of May 25, 2023, May 31, 2023 and June 12, 2023 MEOA determined to further postpone the Special Meeting.

On June 15, 2023, in light of the termination of the BCA described in Item 1.02 above, MEOA determined to cancel the Special Meeting and to withdraw from consideration by its stockholders the proposals set forth in the definitive proxy statement / final prospectus filed with the SEC on May 3, 2023.

As a result of the cancellation of the Special Meeting, the public shares of MEOA that were submitted for redemption in connection with the Special Meeting will be returned to the holders of such public shares.


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