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[powerbattles]

$UNQL: 10-k out. The year over year 173% revenue increase. Total revenues $1,014,486,680

Unique Logistics International, Inc. provides a full range of global logistics services primary services include:

* Air Freight services
* Ocean Freight services
* Customs Brokerage and Compliance services
* Warehousing and Distribution services
* Order Management

Unique Logistics operates a warehousing and Distribution services facility in Santa Fe Springs, CA. Current facility is 110,000 sq. ft. with storage capacity. The Company had 131 employees.

The year over year 173% revenue increase. Total revenues $1,014,486,680

Net income before deemed dividend was $3.5 million for the year ended May 31, 2022, compared to a net income of $1.7 million for the ended May 31, 2021.

* Strong operational performance resulted in increase in EBITDA from $8.9 million during the year ended May 31, 2021 to $17.3 million during the year ended May 31, 2022

* The Company entered into Fourth Amendment to the TBK Loan Agreement to increase its credit facility from $47.5.0 million to $57.5 million until October 2022 with an option to extend beyond that date.

* The Company exchanged all of its Convertible Notes and associated Warrants into shares of Convertible Preferred Shares Series C and D. Upon effectiveness of the Amended Exchange Agreement, the Company no longer has any outstanding convertible notes or warrants.

Pending acquisitions
On April 28, 2022, Unique Logistics International, Inc. (the “Company”) entered into a stock purchase agreement (the “Purchase Agreement”), by and between the Company and Unique Logistics Holdings Limited, a Hong Kong corporation (the “Seller”), whereby the Company acquired from the Seller all of Seller’s share capital (the “Purchased Shares”) in nine (9) of Seller’s subsidiaries (collectively the “Subsidiaries”) as listed in Schedule I of the Purchase Agreement.

https://www.otcmarkets.com/filing/html?id=16078660&guid=_d--k6CZZ_XrcLh