secwatch / observer
8-K filed March 1, 2024, 6:59 PM ET CIK 0001281845
other material confidence high sentiment neutral materiality 0.65

Unique Logistics and Edify Acquisition terminate merger agreement effective March 1, 2024

Unique Logistics International, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Unique Logistics International, Inc. terminated Agreement and Plan of Merger with Edify Acquisition Corp. and Edify Merger Sub, Inc. valued at Termination of Merger Agreement (effective 2024-03-01).

Action
termination
Agreement
merger
Counterparty
Edify Acquisition Corp. and Edify Merger Sub, Inc.
Value
Termination of Merger Agreement
Effective
2024-03-01
Exact text from the filing
As previously disclosed, on December 18, 2022, Unique Logistics International, Inc., a Nevada corporation (the “Company”) entered into an Agreement and Plan of Merger by and among Edify Acquisition Corp., a Delaware corporation (“Buyer” or “Edify”), Edify Merger Sub, Inc., a Nevada corporation (“Merger Sub”), and the Company, as amended and supplemented (the “Merger Agreement”). The Company, Buyer and Merger Sub entered into a mutual termination agreement dated as of March 1, 2024 (the “Termination Agreement”), pursuant to which they mutually agreed to terminate the Merger Agreement effective as of such date.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Unique Logistics International, Inc. entered into Termination Agreement with Edify Acquisition Corp. and Edify Merger Sub, Inc. valued at Mutual termination of the Merger Agreement (effective 2024-03-01).

Action
entry
Agreement
merger
Counterparty
Edify Acquisition Corp. and Edify Merger Sub, Inc.
Value
Mutual termination of the Merger Agreement
Effective
2024-03-01
Exact text from the filing
The Company, Buyer and Merger Sub entered into a mutual termination agreement dated as of March 1, 2024 (the “Termination Agreement”), pursuant to which they mutually agreed to terminate the Merger Agreement effective as of such date.
View on SEC.gov

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Source: SEC EDGAR
accession 0001493152-24-008411
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