Venus Acquisition amends merger agreement with VIYI Algorithm; adjusts financial statement delivery timeline

MicroAlgo Inc.

Fourth amendment to Merger Agreement with VIYI Algorithm Inc. signed August 10, 2022.
Requirement for VIYI to deliver quarterly reviewed financials for period ended June 30, 2022 changed from rep/warranty to covenant.
Delivery deadline for those financials extended to September 15, 2022.
WiMi Hologram Cloud holds ~73% of VIYI; WiMi backstop agreement terminated June 30, 2022, no replacement backstop identified.
Merger would result in Venus changing name to 'MicroAlgo Inc.' if completed.

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