Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related

Audit Report or Completed Interim Review.

In connection with the preparation of the financial statements as of September 30, 2021 for Valor Latitude Acquisition Corp. (the "Company"), management identified errors made in the Company's historical financial statements where the Company improperly classified a portion of its public shares as permanent equity to maintain shareholders' equity greater than $5,000,000 on the basis that the Company will consummate its initial business combination only if the Company has net tangible assets of at least $5,000,001. Upon re-evaluation, management determined that the public shares include certain provisions that require classification of the public shares as temporary equity regardless of the minimum net tangible assets required by the Company to complete its initial business combination. Therefore, the Company, in consultation with its Audit Committee, concluded that its previously issued financial statements impacted should be restated to report all public shares as temporary equity.

Based on the foregoing, on November 22, 2021, management of the Company and the Audit Committee of the Board of Directors of the Company determined that the Company's previous quarterly report on Form 10-Q for the quarter ended June 30, 2021, and the audited balance sheet as of May 6, 2021 (the date the Company consummated its initial public offering), included in Exhibit 99.1 to the Company's Current Report on Form 8-K filed on May 12, 2021 (collectively, the "Affected Periods") should no longer be relied upon. The Company intends to include a footnote in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 reflecting the restatement for the Affected Periods and plans to amend the Current Report on Form 8-K filed on May 12, 2021 to file the revised audited balance sheet as of May 6, 2021.

The Company's management has concluded that in light of the classification error described above, a material weakness exists in the Company's internal control over financial reporting and that the Company's disclosure controls and procedures were not effective. The Company's remediation plan with respect to such material weakness is described in more detail in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021.

In addition, the audit report of Marcum LLP included in Exhibit 99.1 to the Company's Current Report on Form 8-K filed on May 12, 2021 should no longer be relied upon.

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