---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-046188"
form_type: "8-K"
ticker: "DTGI"
cik: "0001014052"
company_name: "Digerati Technologies, Inc."
filed_at: "2023-06-05T23:59:59+00:00"
generated_at: "2026-06-14T07:08:32.931053+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Digerati and MEOA amend merger deal: deadline extended to June 15, note cap raised to $3.5M

## Summary
- Termination date extended from May 30 to June 15, 2023; Digerati no longer obligated to fund MEOA extension costs.
- Cap on convertible promissory notes increased from $2M to $3.5M, issuable for working capital and transaction expenses.
- Post-merger board set at 7 directors in three classes; Ernest Cunningham and Scott Crist join board; Shawn Rochester on strategic advisory committee.
- Surviving company renamed to 'Verve Technologies Corporation' instead of 'Digerati Holdings, Inc.'
- Lock-up agreements now required only from Arthur Smith, Craig Clement, Antonio Estrada, and Post Road funds; other stockholders removed.

## SEC filing metadata
- accession: 0001213900-23-046188
- form_type: 8-K
- ticker: DTGI
- cik: 0001014052
- company_name: Digerati Technologies, Inc.
- filed_at: 2023-06-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1014052/000121390023046188/0001213900-23-046188-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1014052/000121390023046188/ea179767-8k425_digerati.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-046188
- JSON: https://secwatch.observer/filing/0001213900-23-046188.json
- Plain text: https://secwatch.observer/filing/0001213900-23-046188.txt

## Key facts
- Material Agreements
  Digerati Technologies, Inc. amended Amendment No. 4 to the Original Business Combination Agreement with Minority Equality Opportunities Acquisition Inc. and MEOA Merger Sub, Inc. (effective 2023-05-30).
  - Action: amendment
  - Agreement: merger
  - Counterparty: Minority Equality Opportunities Acquisition Inc. and MEOA Merger Sub, Inc.
  - Effective: 2023-05-30
  source text: On May 30, 2023, the parties to the Business Combination Agreement entered into Amendment No. 4 to the Original Business Combination Agreement ("Amendment No. 4", and together with the Original Business Combination Agreement, as amended by that certain Amendment No. 1 to Business Combination Agreement dated as of February 14, 2023, by that certain Amendment No. 2 to Business Combination Agreement dated as of February 24, 2023 and by that certain Amendment No. 3 to Business Combination Agreement dated as of May 1, 2023, the "Business Combination Agreement").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1014052/000121390023046188/0001213900-23-046188-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.