Logistics Company Merges with SPAC
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Logistics Company Merges with SPAC

Logistics Company Merges with SPAC By: Tomas Ronolski - AllPennyStocks.com News

Monday, December 19, 2022

The importance of supply chains and freight companies became increasingly clear during the pandemic, and this newly announced merger will provide for debt capital to allow this company to facilitate previously announced acquisitions and additional working capital, as well as uplisting to the Nasdaq.

Global logistics and freight forwarding company Unique Logistics International, Inc. (OTCMKTS: UNQL)  announced  in its press release that it has signed a definitive agreement and plan with Edify Acquisition Corp. (Nasdaq: EAC), a special purpose acquisition company, for a proposed business combination of the two companies. 

Unique Logistics provides a range of international logistics services that enable its customers to outsource to the Company sections of their supply chain process. The services provided are seamlessly managed by its network of trained employees and integrated information systems. 

Shares closed Friday at $0.0185.


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