8-K 1 ea146810-8k_minorityequal.htm CURRENT REPORT

 

 

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): August 25, 2021

 

MINORITY EQUALITY OPPORTUNITIES ACQUISITION INC. 

(Exact name of registrant as specified in its charter)

 

Delaware   001-40756   86-3436718
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
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:

 

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 8.01. Other Events

 

On August 30, 2021, Minority Equality Opportunities Acquisition Inc. (the “Company”) consummated its upsized initial public offering (the “IPO”) of 12,650,000 units (the “Units”). Each Unit consists of one share of Class A common stock of the Company, par value $0.0001 per share (“Class A Common Stock”), and one redeemable warrant of the Company (each, a “Warrant”), with each Warrant entitling the holder thereof to purchase one share of Class A Common Stock for $11.50 per share. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $126,500,000. The Company granted the underwriters in the IPO a 45-day option to purchase up to 1,150,000 additional Units solely to cover over-allotments, if any, which option was exercised with full.

 

Also on August 30, 2021, and simultaneously with the consummation of the IPO, the Company completed the private sale (the “Private Placement”) of an aggregate of 6,027,500 Warrants (the “Private Placement Warrants”) to Minority Equality Opportunities Acquisition Sponsor, LLC (the “Sponsor”) and Maxim Partners LLC (“Maxim”), at a purchase price of $1.00 per Private Placement Warrant, generating gross proceeds to the Company of $6,027,500. A total of 5,395,000 Private Placement Warrants were purchased by the Sponsor and a total of 632,500 Private Placement Warrants were purchased by Maxim Partners LLC.

 

A total of $128,397,500, comprised of $122,277,000 of the proceeds from the IPO (which amount includes $4,554,000 of the underwriters’ deferred discount) and $6,027,500 of the proceeds of the sale of the Private Placement Warrants, was placed in a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee.

 

An audited balance sheet as of August 30, 2021 reflecting receipt of the proceeds upon consummation of the IPO and the Private Placement has been issued by the Company and is included as Exhibit 99.1 to this Current Report on Form 8-K.

 

Item 9.01. Financial Statements and Exhibits

 

(d) Exhibits

 

The following exhibits are being filed herewith:

 

Exhibit

Number

  Description
     
99.1   Audited Balance Sheet as of August 30, 2021.

 

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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.

 

September 3, 2021 Minority Equality Opportunities Acquisition Inc.

 

  By: /s/ Shawn D. Rochester
  Name: Shawn D. Rochester
  Title: Chief Executive Officer

 

 

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