Unique Logistics International, Inc. (OTCPK:UNQL) entered into sale and purchase agreement to acquire 65% stake in Unique Logistics International India (Private) Limited from Unique Logistics Holdings Limited for $1 million on September 13, 2022. As part of the agreement, Unique Logistics International will acquire 850,261 Ordinary Shares of Unique Logistics International India (Private) Limited for a total consideration of $1 million. The transaction is subject to governmental, regulatory and corporate authorizations, third party approvals, board of directors of both Unique Logistics International and Unique Logistics International Hong Kong.