Data Knights calls special meeting to extend SPAC deadline to May 11, 2024 for OneMedNet deal

OneMedNet Corp

Special meeting scheduled for Aug 11, 2023 to vote on extending business combination deadline from Aug 11, 2023 to May 11, 2024.
Sponsor will deposit up to $75,000 per month for each of up to nine one-month extensions into the trust account.
Trust account had approx. $30.3M as of July 27, 2023; anticipated redemption price ~$10.88 per share.
Without extension, company may be forced to liquidate if OneMedNet merger not completed by August 11, 2023.
Business combination agreement with OneMedNet (April 25, 2022) is pending; extension needed to close.

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