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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D AND Z MEDIA ACQUISITION CORP. 