American Acquisition Opportunity reports 52.5% redemption rate; 820,377 shares redeemed at $10.1561

Royalty Management Holding Corp

820,377 Class A shares redeemed at $10.15610656 each, totaling $8.33M from special meeting on Sept 22, 2022.
Post-redemption: 742,308 Class A shares remain outstanding alongside 2,726,500 Class B shares.
Company still pursuing merger with Royalty Management Corp under June 28, 2022 agreement.
No minimum cash condition in merger agreement; redemptions reduce trust proceeds available for RMC.

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