Unique Logistics International, Inc. completed the acquisition of Unique Logistics International Hong Kong Limited from Unique Logistics Holdings Limited.
February 21, 2023
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Unique Logistics International, Inc. (OTCPK:UNQL) entered into share and purchase agreement to acquire Unique Logistics International Hong Kong Limited from Unique Logistics Holdings Limited for $2.3 million on September 13, 2022.As part of the agreement, Unique Logistics International will acquire 1,000,000 Ordinary Shares of Unique Logistics International Hong Kong Limited. Consideration will be paid either by a promissory note in favor of Vendor or in cash. Lucosky Brookman LLP acted as legal advisor to Unique Logistics International, Inc. on the transaction.
Unique Logistics International, Inc. (OTCPK:UNQL) completed the acquisition of Unique Logistics International Hong Kong Limited from Unique Logistics Holdings Limited on February 21, 2023.
Unique Logistics International, Inc. is a logistics and freight forwarding company. The Company provides a range of international logistics services. Its range of services can be categorized as air freight, ocean freight, customs brokerage and compliance, warehousing and distribution, and order management. It provides ocean freight service both as a non-vessel owning common carrier and an ocean freight forwarder. It provides to its customers ocean freight consolidation, direct ocean forwarding, and order management. Its services help importers clear cargo with United States Customs and Border Protection, including documentation collection, valuation review, product classification, electronic submission to customs and the collection and payment of duties, tariffs and fees. It operates a warehousing facility in Santa Fe Springs, CA. It also provides warehousing and distribution services through third party facilities. Its facility has a storage capacity of approximately 9,000 pallets.
Unique Logistics International, Inc. completed the acquisition of Unique Logistics International Hong Kong Limited from Unique Logistics Holdings Limited.