Minority Equality Opportunities Acquisition today filed an investor presentation with the SEC, highlighting its proposed merger with Digerati Technologies, a Hispanic-led and founded provider of cloud services specializing in UCaaS (Unified Communications as a Service) solutions for the small to medium-sized business market.
If approved, Digerati would list on the Nasdaq. The all-stock transaction would form a company with an initial equity value of approximately $228 million, translating into an enterprise value of approximately $145 million, assuming no SPAC shareholder redemptions.
Minority Equality Opportunities Acquisition raised $126.5M in an August 2021 IPO. Read more.