secwatch.observer — SEC 8-K summary
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Issuer:     Edify Acquisition Corp. (—)
CIK:        0001832765
Form:       8-K
Filed at:   2024-03-01T23:59:59+00:00
Accession:  0001213900-24-018773
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Edify Acquisition Corp. and Unique Logistics mutually terminate merger agreement March 1, 2024
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- Mutual termination of the Merger Agreement effective March 1, 2024, by Edify Acquisition Corp., Merger Sub, and Unique Logistics International, Inc.
- Original Merger Agreement dated December 18, 2022, as amended July 19 and September 18, 2023, is terminated with no further force.
- Parties waive all claims and release each other from obligations related to the Merger Agreement and Transaction Agreements.
- Sections on no claim against trust account and confidentiality survive termination.
- As a SPAC, Edify Acquisition Corp. will likely need to find a new target or dissolve.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832765/000121390024018773/0001213900-24-018773-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832765/000121390024018773/ea0200895-8k425_edifyacq.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-018773

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