DLQ Slates Vote Date on Abri SPAC I Deal

DLQ, a provider of digital consumer acquisition solutions and wholly-owned subsidiary of Logiq, said a meeting of Logiq shareholders has been scheduled for Oct. 23 to consider merging with ABRI SPAC I.

A registration statement on the deal has been declared effective by the SEC.

At deal announcement more than a year ago, DLQ was valued at $114 million.

The SPAC raised just over $57 million in an August 2021 IPO. As of July this year, Abri I held approximately $13.8 million in trust.

DLQ is a U.S.-based provider of e-commerce and digital customer acquisition solutions by simplifying digital advertising. It provides data-driven, end-to-end marketing. Read more.

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