# EDGAR Filing Document

**Accession Number:** 0001859310
**File Stem:** 0001213900-23-016256
**Filing Date:** 2023-3
**Character Count:** 20591
**Document Hash:** a591b7a863ac087f951b5a193d704c2a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-23-016256.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001213900-23-016256

**CONFORMED SUBMISSION TYPE**: 425

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Minority Equality Opportunities Acquisition Inc.
- **CENTRAL INDEX KEY:** 0001859310
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
- **IRS NUMBER:** 863436718
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 425
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40756
- **FILM NUMBER:** 23694699

**BUSINESS ADDRESS:**
- **STREET 1:** 100 EXECUTIVE COURT
- **CITY:** WAXAHACHIE
- **STATE:** TX
- **ZIP:** 75165
- **BUSINESS PHONE:** 214-444-7321

**MAIL ADDRESS:**
- **STREET 1:** 100 EXECUTIVE COURT
- **CITY:** WAXAHACHIE
- **STATE:** TX
- **ZIP:** 75165
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Minority Equality Opportunities Acquisition Inc.
- **CENTRAL INDEX KEY:** 0001859310
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
- **IRS NUMBER:** 863436718
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 425

**BUSINESS ADDRESS:**
- **STREET 1:** 100 EXECUTIVE COURT
- **CITY:** WAXAHACHIE
- **STATE:** TX
- **ZIP:** 75165
- **BUSINESS PHONE:** 214-444-7321

**MAIL ADDRESS:**
- **STREET 1:** 100 EXECUTIVE COURT
- **CITY:** WAXAHACHIE
- **STATE:** TX
- **ZIP:** 75165

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of** 

**The Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): February 24, 2023**

**MINORITY EQUALITY OPPORTUNITIES ACQUISITION INC.**

**(Exact name of registrant as specified in its charter)**

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-40756** | **86-3436718** |
| **(State or other jurisdiction<br> of incorporation)** | **(Commission File Number)** | **(IRS Employer<br> Identification No.)** |

---

 **100 Executive Court**

 **Waxahachie, Texas 75165**

 **(Address of principal executive offices, including zip code)**

 **(214) 444-7321**

 **(Registrant's telephone number, including area code)**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☒ Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class:** | **Trading symbol** | **Name of each exchange on which registered** |
| Units, each consisting of one share of Class A Common Stock, and one Warrant | MEOAU | The Nasdaq Stock Market LLC |
| Class A Common Stock, par value $0.0001 per share | MEOA | The Nasdaq Stock Market LLC |
| Warrants, each warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share | MEOAW | The Nasdaq Stock Market LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 1.01 Entry into a Material Definitive Agreement.**

As previously disclosed, on August 30, 2022, Minority Equality Opportunities Acquisition Inc., a Delaware corporation ("<u>MEOA</u>"), entered into a Business Combination Agreement (the "<u>Original Business Combination Agreement</u>"), by and among MEOA, MEOA Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of MEOA ("<u>Merger Sub</u>"), and Digerati Technologies, Inc., a Nevada corporation ("<u>Digerati</u>"), that, among other things, provided for Merger Sub to merge with and into Digerati, with Digerati as the surviving company in the merger and, after giving effect to such merger, Digerati to be a wholly-owned subsidiary of MEOA.

On February 24, 2023, MEOA, Merger Sub and Digerati entered into an Amendment No. 2 to the Original Business Combination Agreement ("<u>Amendment No. 2</u>", and together with the Original Business Combination Agreement, as amended by that certain Amendment No. 1 to Business Combination Agreement dated as of February 14, 2023, the "<u>Business Combination Agreement</u>"), which, among other things, extends the Termination Date (as defined in the Business Combination Agreement) from February 25, 2023 to April 28, 2023.

Amendment No. 2 is filed as Exhibit 2.1 to this Current Report on Form 8-K and the foregoing description is qualified in its entirety by reference to the full text of Amendment No. 2.

**Additional Information**

In connection with the proposed business combination between MEOA and Digerati (the "<u>Business Combination</u>"), MEOA has filed with the Securities and Exchange Commission (the "<u>SEC</u>") a registration statement on Form S-4 containing the proxy statement/prospectus relating to the BCA (the "<u>Registration Statement</u>"). MEOA will mail a definitive proxy statement/final prospectus and other relevant documents to its stockholders. This communication is not a substitute for the Registration Statement, the definitive proxy statement/final prospectus or any other document that MEOA will send to its stockholders in connection with the Business Combination. **Investors and security holders of MEOA are advised to read the proxy statement/prospectus in connection with MEOA's solicitation of proxies for its special meeting of stockholders to be held to approve the Business Combination (and related matters) because the proxy statement/prospectus contains important information about the Business Combination and the parties to the Business Combination.** The definitive proxy statement/final prospectus will be mailed to stockholders of MEOA as of a record date to be established for voting on the Business Combination. Stockholders will also be able to obtain copies of the proxy statement/prospectus, without charge, once available, at the SEC's website at www.sec.gov or by directing a request to: Minority Equality Opportunities Acquisition Inc., Attention: Shawn D. Rochester, Chief Executive Officer, 100 Executive Court, Waxahachie, TX 75165.

**Participants in the Solicitation**

**MEOA, Digerati and their respective directors, executive officers, other members of management, and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of MEOA's stockholders in connection with the Business Combination.** Investors and security holders may obtain more detailed information regarding the names and interests in the Business Combination of MEOA's directors and officers in MEOA's filings with the SEC, including the Registration Statement, which will include the definitive proxy statement of MEOA for the Business Combination.

**Forward Looking Statements**

Certain statements made herein that are not historical facts are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, MEOA's and Digerati's expectations with respect to the proposed Business Combination, including statements regarding the benefits of the transaction, the anticipated timing of the transaction, the implied valuation of Digerati, the products and services offered by Digerati and the markets in which it operates, and the projected future results of Digerati. Words such as "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions are intended to identify such forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside MEOA's and Digerati's control and are difficult to predict. Factors that may cause actual future events to differ materially from the expected results, include, but are not limited to: (i) the risk that the business combination transaction between Digerati and MEOA may not be completed in a timely manner or at all, which may adversely affect the price of the securities of MEOA and Digerati, (ii) the risk that the transaction may not be completed by MEOA's business combination deadline, even if extended by its sponsor, (iii) the failure to satisfy the conditions to the consummation of the transaction, including the adoption of the BCA by the stockholders of MEOA and Digerati, (iv) the occurrence of any event, change or other circumstance that could give rise to the termination of the BCA, (v) the receipt of an unsolicited offer from another party for an alternative transaction that could interfere with the Business Combination, (vi) the effect of the announcement or pendency of the transaction on Digerati's business relationships, performance, and business generally, (vii) the inability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition and the ability of the post-combination company to grow and manage growth profitability and retain its key employees, (viii) costs related to the Business Combination, (ix) the outcome of any legal proceedings that may be instituted against Digerati or MEOA following the announcement of the proposed Business Combination, (x) the ability to maintain the listing of MEOA's securities on Nasdaq, (xi) the ability to implement business plans, forecasts, and other expectations after the completion of the proposed Business Combination, and identify and realize additional opportunities, (xii) the risk of downturns and the possibility of rapid change in the highly competitive industry in which Digerati operates, (xiii) the risk that Digerati and its current and future collaborators are unable to successfully develop and commercialize the products or services of Digerati, or experience significant delays in doing so, including failure to achieve approval of its products or services by applicable federal and state regulators, (xiv) the risk that Digerati may never achieve or sustain profitability, (xv) the risk that Digerati may need to raise additional capital to execute its business plan, which many not be available on acceptable terms or at all, (xvi) the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations, (xvii) the risk of product liability or regulatory lawsuits or proceedings relating to the products and services of Digerati, (xviii) the risk that Digerati is unable to secure or protect its intellectual property, (xix) the risk that the securities of the post-combination company will not be approved for listing on Nasdaq or if approved, maintain the listing, and (xx) other risks and uncertainties indicated in the filings that are made from time to time with the SEC by MEOA and Digerati (including those under the "Risk Factors" sections therein). The foregoing list of factors is not exhaustive. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Digerati and MEOA assume no obligation, and do not intend, to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

**Disclaimer**

This communication is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy any securities or the solicitation of any vote in any jurisdiction pursuant to the Business Combination or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act.

**Item 9.01. Financial Statements and Exhibits**

(d) Exhibits

The following exhibits are being filed herewith:

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| | |
|:---|:---|
| **Exhibit <br> Number** | **Description** |
| 2.1 | [Amendment No. 2 to Business Combination Agreement, dated as of February 24, 2023, by and among Minority Equality Opportunities Acquisition Inc., MEOA Merger Sub, Inc. and Digerati Technologies, Inc.](ea174324ex2-1_minority.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

**\*\*\***

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
| March 1, 2023 | Minority Equality Opportunities Acquisition Inc. | Minority Equality Opportunities Acquisition Inc. |
|  | By: | /s/ Shawn D. Rochester |
|  | Name: | Shawn D. Rochester |
|  | Title: | Chief Executive Officer |

---

## Exhibit 2.1

**Exhibit 2.1**

**Amendment No. 2 to BUSINESS COMBINATION AGREEMENT**

This Amendment No. 2 to Business Combination Agreement (this "<u>Amendment</u>") is entered into as of February 24, 2023 (the "<u>Amendment Effective Date</u>"), by and among Minority Equality Opportunities Acquisition Inc., a Delaware corporation ("<u>MEOA</u>"), MEOA Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of MEOA ("<u>Merger Sub</u>"), and Digerati Technologies, Inc., a Nevada corporation (the "<u>Company</u>").

**Recitals**

**Whereas**, MEOA, Merger Sub and the Company are parties to that certain Business Combination Agreement, dated as of August 30, 2022 (as the same has been and may be amended, restated, supplemented or modified from time to time in accordance with its terms, the "<u>Business Combination Agreement</u>");

**WHEREAS**, pursuant to Section 8.3 of the Business Combination Agreement, the Business Combination Agreement may be amended by a written agreement signed by each of the parties thereto;

**WHEREAS**, MEOA, Merger Sub and the Company desire to enter into this Amendment in order to amend the Business Combination Agreement in the manner set forth herein; and

**WHEREAS**, certain provisions contained in the Business Combination Agreement required to be performed by the respective parties were not timely performed by the respective party whose performance was thereby required and the parties now desire to waive the performance thereof by the non-compliant party.

**Now, Therefore**, in consideration of the representations, warranties, covenants and agreements herein made and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

**Agreement**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. **<u>Definitions</u>**. Capitalized terms used but not defined herein shall have the respective meanings ascribed to such terms in the Business Combination Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. **<u>Amendment to Business Combination Agreement</u>**. <u>Section 7.1(d)</u> of the Business Combination Agreement is hereby amended by elimination of the date of "February 25, 2023" as the Termination Date and replacement thereof with "April 28, 2023" as the Termination Date:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. **<u>Waiver of Non-Compliance.</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>(a)</u> <u>By the Company</u>. The Company hereby waives the requirement set forth in Section 5.7 of the Business
Combination Agreement that MEOA have filed the Registration Statement on Form S-4 no later than 45 days following the date of the Business
Combination Agreement, and acknowledges that the aforementioned Registration Statement was subsequently filed on November 30, 2022.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>(b)</u> <u>By MEOA</u>. MEOA hereby waives:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the requirement set forth in Section 5.17 of the Business Combination Agreement that the Company have
delivered, by no later than September 15, 2022, certain audited and unaudited financial statements, and acknowledges that the aforementioned
financial statements for its fiscal year ending July 31, 2022 were delivered on October 31, 2022; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the requirement set forth in Section 5.22 of the Business Combination Agreement that the Company shall
have caused Post Road, on or prior to October 15, 2022, to enter into the PRG Resolution Agreement, and acknowledges delivery of the executed
PRG Resolution Agreement on February 7, 2023.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. **<u>Effect on the Business Combination Agreement</u>**. Except as specifically amended by this Amendment, the Business Combination Agreement shall remain in full force and effect, and the Business Combination Agreement, as amended by this Amendment, is hereby ratified and confirmed in all respects. From and after the Amendment Effective Date, each reference in the Business Combination Agreement to "this Agreement," "herein," "hereof," "hereunder" or words of similar import, or to any provision of the Business Combination Agreement, as the case may be, shall be deemed to refer to the Business Combination Agreement or such provision as amended by this Amendment, unless the context otherwise requires.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. **<u>Miscellaneous</u>**. The provisions of Sections <u>8.2</u> (Entire Agreement; Assignment), <u>8.3</u> (Amendment), <u>8.4</u> (Notices), <u>8.5</u> (Governing Law), <u>8.7</u> (Construction), <u>8.10</u> (Severability), <u>8.11</u> (Counterparts; Electronic Signatures), <u>8.15</u> (WAIVER OF JURY TRIAL), <u>8.16</u> (Submission to Jurisdiction), and <u>8.17</u> (Remedies) of the Business Combination Agreement are incorporated by reference into this Amendment *mutatis mutandis*.

[*Remainder of Page Intentionally Left Blank; Signature Pages Follow*]

**In witness whereof**, the undersigned have executed this Amendment No. 2 to Business Combination Agreement as of the date first set forth above.

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| | | |
|:---|:---|:---|
| **<u>MEOA</u>:** | **<u>MEOA</u>:** | **<u>MEOA</u>:** |
| **MINORITY EQUALITY OPPORTUNITIES ACQUISITION INC.** | **MINORITY EQUALITY OPPORTUNITIES ACQUISITION INC.** | **MINORITY EQUALITY OPPORTUNITIES ACQUISITION INC.** |
| By: | /s/ Shawn D. Rochester | /s/ Shawn D. Rochester |
|  | Name: | Shawn D. Rochester |
|  | Title: | President & CEO |
| **<u>MERGER SUB</u>:** | **<u>MERGER SUB</u>:** | **<u>MERGER SUB</u>:** |
| **MEOA MERGER Sub, Inc.** | **MEOA MERGER Sub, Inc.** | **MEOA MERGER Sub, Inc.** |
| By: | /s/ Shawn D. Rochester | /s/ Shawn D. Rochester |
|  | Name: | Shawn D. Rochester |
|  | Title: | President |
| **<u>COMPANY</u>:** | **<u>COMPANY</u>:** | **<u>COMPANY</u>:** |
| **DIGERATI TECHNOLOGIES, Inc.** | **DIGERATI TECHNOLOGIES, Inc.** | **DIGERATI TECHNOLOGIES, Inc.** |
| By: | Arthur L. Smith | Arthur L. Smith |
|  | Name: | Arthur L. Smith |
|  | Title: | President & CEO |

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[*Signature Page to Amendment No.2 to Business Combination Agreement*]