secwatch.observer — SEC 8-K summary
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Issuer:     Digerati Technologies, Inc. (DTGI)
CIK:        0001014052
Form:       8-K
Filed at:   2023-02-17T23:59:59+00:00
Accession:  0001213900-23-012930
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digerati amends SPAC merger agreement; implied equity value raised to $71.1M
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- Equity value increased from $68.7M to $71.1M, reflecting 240,000 shares to Maxim for advisory services.
- Transaction Share Consideration set at 7,108,081 MEOA shares; Bridge Loan Warrants (13,534,535 shares) excluded from equity value.
- Amendment clarifies convertible notes and Bridge Loan Warrants are not part of equity value calculation.
- Definitions for Bridge Loan Warrants added; Rollover Notes definitions deleted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1014052/000121390023012930/0001213900-23-012930-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1014052/000121390023012930/ea173829-8k425_digerati.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-012930

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