Venus Acquisition extends merger deadline to June 30, 2022; replaces backstop with WiMi for up to $15M

MicroAlgo Inc.

Amendment to merger agreement extends outside closing date from Feb 11, 2022 to June 30, 2022.
Prior backstop with Ever Abundant Investments terminated; new backstop with WiMi Hologram Cloud for up to $15M.
WiMi, holding ~73% of VIYI, will purchase ordinary shares to backstop redemptions.
Amendment acknowledges new potential governmental approvals under recent China law changes.

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