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The latest announcement is out from Unique Logistics International (UNQL).
Unique Logistics International, Inc. had previously agreed to a merger with Edify Acquisition Corp., but as of March 1, 2024, both parties have mutually decided to terminate this agreement. The decision, supported by Unique Logistics’ Board of Directors, comes without any termination penalties. However, certain sections regarding claims against the trust account and confidentiality will remain effective. This development indicates a significant shift in the strategic plans of the involved corporations.
For detailed information about UNQL stock, go to TipRanks’ Stock Analysis page.