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Re: kstocks1 post# 10307

Thursday, 02/25/2021 9:54:51 PM

Thursday, February 25, 2021 9:54:51 PM

Post# of 28543
Exactly. That's why the **proposed second merger** with UL China and UL India is coming up in my mind again. This is the perfect time to expand the company and streamline operations even further.

It's great to see all the new eyes here this week! Welcome! Please check the iBox for an in depth look at all of the DD that's been presented here over the past several months. It was updated regularly until middle of last month or so. But there is some very informative information there, as well as links.

According to the original merger 8k, the newly formed Unique Logistics brought together the Boston, Atlanta, and New York divisions into the UL HK (Hong Kong) parent company.

Now, our new company has the option to further merge with UL China and UL India.

From the original merger 8k in October '20:

https://www.otcmarkets.com/filing/html?id=14439879&guid=ZE9eUaOYJWeXq3h


On May 29, 2020 (the “Buyout Transaction Date”), Unique Logistics Holdings, entered into that certain Securities Purchase Agreement (“ULHK Purchase Agreement”) by and between Unique Logistics Holdings and UL HK, pursuant to which the Company purchased from UL HK (i) sixty percent (60%) of the membership interests of (“UL ATL Membership Interests”) of Unique Logistics International (ATL) LLC, a Georgia limited liability company (“UL ATL”); (ii) eighty percent (80%) of the common stock of Unique Logistics International (BOS) Inc, a Massachusetts corporation (“UL BOS”); and (iii) sixty-five percent (65%) of the Unique Logistics International (USA) Inc., a New York corporation, for a purchase price of: (i) US$6,000,000, to be paid in accordance with the following (a) $1,000,000 in cash (the “UL HK Cash Purchase Price”); (b) $5,000,000 in the form a subordinated promissory note issued in favor of UL HK and (c) 1,500,000 shares of common stock of Unique Logistics Holdings, representing on issuance 15% of fully paid and non-assessable shares of common stock then outstanding on a fully diluted basis (the “UL HK Stock Purchase Price”). Pursuant to the ULHK Purchase Agreement, Unique Logistics Holdings has been granted an option to purchase 50% of UL HK’s interest in Unique Logistics International (North and East China) Company Limited and its affiliated companies (collectively “UL China”), and has been granted an option to purchase 65% of UL HK’s interest in Unique Logistics International India (Private) Limited (“UL India”) within 12 months of the Buyout Transaction Date.




This is a link to a D&B page that shows all of the different companies that are already part of UL in some way. Some of these companies were part of the first merger, and some are part of the additional proposed merger.
https://www.dnb.com/business-directory/company-search.html?term=unique%20logistics&page=1


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