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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): November 22, 2022

 

D and Z Media Acquisition Corp.
(Exact name of registrant as specified in its charter)

 

Delaware   001-39934   85-3390360
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification No.)

 

2870 Peachtree Road NW, Suite 509
Atlanta, GA
  30305
(Address of principal executive offices)   (Zip Code)

 

(404) 585-8233
(Registrant’s telephone number, including area code)

 

Not Applicable
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Units, each consisting of one share of Class A Common Stock and one-third of one Warrant   DNZ.U   The New York Stock Exchange
Class A Common Stock, par value $0.0001 per share   DNZ   The New York Stock Exchange
Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50   DNZ WS   The New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company  

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  

 

 

 

 

 

 

Item 8.01. Other Events.

 

On November 22, 2022, D and Z Media Acquisition Corp. (the “Company”) entered into an agreement with Goldman Sachs & Co. LLC (“Goldman Sachs”) pursuant to which Goldman Sachs waived its portion of the Deferred Discount (as such term is defined in the Underwriting Agreement, dated as of January 25, 2021 (the “Underwriting Agreement”), between the Company and Goldman Sachs, as representative of the underwriters named therein, included as Exhibit 1.1 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on January 29, 2021), equal to $9,559,375, payable upon consummation by the Company of an initial business combination, and forfeited any and all rights or claims to the Deferred Discount.

 

Except as set forth above, the terms of the Underwriting Agreement remain unchanged and in full force and effect. The Company continues to search for potential target companies to complete an initial business combination, but there can be no assurance that such a transaction will be completed.

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  D AND Z MEDIA ACQUISITION CORP.
   
  By: /s/ Mark Wiltamuth
    Name:  Mark Wiltamuth
    Title: Chief Financial Officer

 

Date: November 29, 2022

 

 

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