Minority BZ Inc
Donation Based Crowdfunding Platform For Minority Small Businesses.
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Minority Equality Opportunities Acquisition Inc. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, organized under the laws of the State of Delaware and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While the Company may pursue an initial business combination target in any business, industry, or geographical location, it intends to focus its search on transactions with companies that are Minority-Owned Businesses, such that, immediately following the completion of its initial business combination, the combined company would qualify as a Minority Controlled Business.
Led by Mr. Shawn Rochester, MEOA’s Chairman and CEO, and Ms. Robin Watkins, its Chief Financial Officer and Secretary, the blank check company will focus its business combination search and transactions on historically undercapitalized minority-owned/controlled businesses in various industry sectors across the country.
Minority Equality Opportunities Acquisition Inc. (“MEOA”) became the first minority-led special purpose acquisition company or SPAC listed on the Nasdaq Capital Market (“NASDAQ”), trading under the ticker symbol “MEOAU.”
On August 30, 2021, MEOA closed its $126.5 million upsized IPO of units, which included the exercise in full by the underwriters of their over-allotment options. Each unit consists of one share of Class A common stock and one redeemable warrant, each warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on the Nasdaq Capital Market under the symbols “MEOA” and MEOAW, respectively.
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