M&A
confidence high
sentiment neutral
materiality 0.65
Digerati provides update on NASDAQ listing via MEOA merger; $105M valuation, Q1 2023 close target
Digerati Technologies, Inc.
- MEOA filed S-4 registration statement on Nov 30, 2022; Charter Amendment approved by MEOA shareholders on Nov 29, 2022.
- Transaction implies $105 million enterprise valuation for Digerati; boards of both companies have approved.
- Closing expected in Q1 2023, subject to shareholder, SEC, and Nasdaq approval.
- S-4 is currently under SEC review; Digerati continues as provider of UCaaS cloud services for SMB market.