- CEO
- Shawn D. Rochester
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 100 Executive Court Waxahachie TX United States of America 75165
- IPO Date
- Aug 26, 2021
- Business
- Minority Equality Opportunities Acquisition Inc. (MEOAU) is a blank check company, or special purpose acquisition company (SPAC), formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, with an initial focus on minority owned businesses (MBEs) that qualify post-combination as minority controlled entities; the company targets operating companies with at least $200 million in enterprise value, compelling growth stories driven by proprietary technologies or innovation, sustainable cash flows, and experienced management teams committed to environmental, social, and governance (ESG) initiatives, including minority representation across ownership, board, leadership, employees, vendors, and service providers. Headquartered in Waxahachie, Texas, and founded in 2021, MEOA conducts no significant operations or generates revenue while pursuing its initial business combination opportunity, primarily within the United States but open to global expansion targets that advance economic inclusion and social mobility in minority communities. In September 2022, the company announced a proposed business combination with Digerati Technologies, Inc., a cloud services provider, valuing the pro forma enterprise at $144.6 million; however, the transaction faced delays, including multiple extensions of the SPAC deadline through May 2023, high redemptions leaving minimal public shares outstanding (approximately 112,468 after withdrawals), a Nasdaq trading halt on May 24, 2023, and ultimately did not close, with no further merger announcements, funding rounds, acquisitions, or strategic shifts reported as of late 2025. The company's units, each comprising one share of Class A common stock and one redeemable warrant (exercisable at $11.50 per share), commenced trading on Nasdaq Capital Market in August 2021 following an upsized $126.5 million initial public offering, with proceeds held in trust; as of recent data, no de-SPAC has occurred, and MEOA remains in search of a suitable target.