Vivid Seats Inc. (“Vivid Seats” or “the Company”), a leading
marketplace that utilizes its powerful technology platform to
connect millions of fans with thousands of ticket sellers across
hundreds of thousands of events each year, today announced that the
Company will participate in Canaccord Genuity’s 41st Annual Growth
Conference. Stan Chia, Chief Executive Officer and Lawrence Fey,
Chief Financial Officer, will participate in a fireside chat hosted
by Maria Ripps, Managing Director & Senior Research Analyst of
Canaccord Genuity, on Wednesday, August 11th at 10:00 a.m. ET.
For further information, or to schedule a
one-on-one meeting, please contact your Canaccord Genuity
representative.
Participants may access a live webcast of the
fireside chat on the Horizon Acquisition Corporation website at
www.horizonacquisitioncorp.com/. A replay will be archived online
for one year.
Vivid Seats recently announced it expects to
become a publicly traded company via a merger with Horizon
Acquisition Corporation (NYSE:HZAC), a special purpose acquisition
company. For more information about the transaction, please visit
www.horizonacquisitioncorp.com/.
About Vivid Seats Vivid Seats
provides a marketplace for tickets to live sports, concerts and
theater events along with a technology platform and services that
support the ticketing ecosystem. Founded in 2001, the Chicago-based
marketplace pairs exceptional affordability across one of the
widest selections of tickets with its loyalty program, Vivid Seats
Rewards, that enables fans to earn rewards when they purchase
tickets to their favorite events. Selected by organizations like
ESPN, Rolling Stone, the Los Angeles Clippers and University of
Tennessee to serve as official ticketing partners, Vivid Seats
supports all confirmed orders with a dedicated, award-winning
customer service team to ensure the safest and most convenient
purchase experience. Fans who want to sit closer and see more of
their favorite live events can order by downloading the Vivid Seats
mobile app, going to vividseats.com or calling by phone at
866-848-8499.
About Horizon Acquisition
CorporationHorizon is a blank check company formed for the
purpose of effecting a merger, share exchange, asset acquisition,
share purchase, reorganization or similar business combination with
one or more businesses. Horizon is sponsored by the Sponsor, an
affiliate of Eldridge. Horizon is led by Todd L. Boehly, the
Co-founder, Chairman and Chief Executive Officer of Eldridge.
Horizon’s securities are traded on the New York Stock Exchange (the
“NYSE”) under the ticker symbols HZAC, HZAC WS and HZAC.U. Learn
more at www.horizonacquisitioncorp.com/.
Additional Information about the
Business Combination and Where to Find It In connection
with the proposed business combination, Horizon Acquisition
Corporation will merge with and into Vivid Seats, Inc., which will
be the surviving entity and the going-forward public company, and
intends to file a registration statement on Form S-4 (the
“Registration Statement”) with the SEC, which will include a proxy
statement/prospectus, and certain other related documents, to be
used at the meeting of stockholders to approve the proposed
business combination. INVESTORS AND SECURITY HOLDERS OF HORIZON
ACQUISITION CORPORATION ARE URGED TO READ THE PROXY
STATEMENT/PROSPECTUS, ANY AMENDMENTS THERETO AND OTHER RELEVANT
DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR
ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN
IMPORTANT INFORMATION ABOUT VIVID SEATS, HORIZON AND THE BUSINESS
COMBINATION. The proxy statement/prospectus will be mailed to
shareholders of Horizon Acquisition Corporation as of a record date
to be established for voting on the proposed business combination.
Investors and security holders will also be able to obtain copies
of the Registration Statement and other documents containing
important information about each of the companies once such
documents are filed with the SEC, without charge, at the SEC's web
site at www.sec.gov.
Participants in
SolicitationHorizon and its directors and executive
officers may be deemed participants in the solicitation of proxies
from Horizon’s members with respect to the proposed business
combination. A list of the names of those directors and executive
officers and a description of their interests in Horizon is
contained in Horizon’s filings with the SEC, including Horizon’s
annual Report on Form 10-K for the fiscal year ended December 31,
2020 (the “Annual Report”), which was filed with the SEC on March
31, 2021 and amended on May 10, 2021, and is available free of
charge at the SEC's web site at www.sec.gov, or by directing a
request to Horizon Acquisition Corporation, 600 Steamboat Road,
Suite 200, Greenwich, CT 06830. Additional information regarding
the interests of such participants will be set forth in the
Registration Statement for the proposed business combination when
available. Vivid Seats and its directors and executive officers may
also be deemed to be participants in the solicitation of proxies
from the shareholders of Horizon in connection with the proposed
business combination. A list of the names of such directors and
executive officers and information regarding their interests in the
business combination will be contained in the Registration
Statement for the proposed business combination when available.
No Offer or Solicitation This
document does not constitute a solicitation of a proxy, consent or
authorization with respect to any securities or in respect of the
proposed transaction. This document also does not constitute an
offer to sell or exchange, or the solicitation of an offer to buy
or exchange, any securities, nor will there be any sale of
securities in any states or jurisdictions in which such offer,
solicitation, or sale or exchange would be unlawful prior to
registration or qualification under the securities laws of any such
jurisdiction. No offering of securities will be made except by
means of a prospectus meeting the requirements of section 10 of the
Securities Act of 1933, as amended, or an exemption therefrom.
Forward-Looking Statements
LegendCertain statements made in this document are
"forward-looking statements" within the meaning of the "safe
harbor" provisions of the United States Private Securities
Litigation Reform Act of 1995 with respect to the transaction
between Vivid Seats and including statements regarding the benefits
of the transaction, the anticipated timing of the transaction, the
services offered by Vivid Seats and the markets in which it
operates, and Vivid Seats’ projected future results. These
forward-looking statements generally are identified by the words
"estimates," "projected," "expects," "anticipates," "forecasts,"
"plans," "intends," "believes," "seeks," “targets”, "may," "will,"
"should," “would,” “will be,” “will continue,” “will likely
result,” "future," "propose," “strategy,” “opportunity” and
variations of these words or similar expressions (or the negative
versions of such words or expressions) that predict or indicate
future events or trends or are not statements of historical matters
are intended to identify forward-looking statements. These
forward-looking statements are provided for illustrative purposes
only and are not intended to serve as, and must not be relied on by
any investor as, guarantees, assurances, predictions or definitive
statements of fact or probability regarding future performance,
conditions or results, and involve a number of known and unknown
risks, uncertainties, assumptions and other important factors, many
of which are outside Vivid Seats’ or Horizon’s control, that could
cause actual results or outcomes to differ materially from those
discussed in the forward-looking statements. Important factors,
among others, that may affect actual results or outcomes include
the inability to complete the business combination in a timely
manner or at all (including due to the failure to receive required
shareholder approvals, or the failure of other closing conditions
such as the satisfaction of the minimum trust account amount
following redemptions by Horizon’s public stockholders and the
receipt of certain governmental and regulatory approvals), which
may adversely affect the price of Horizon’s securities; the
inability of the business combination to be completed by Horizon’s
business combination deadline and the potential failure to obtain
an extension of the business combination deadline if sought by
Horizon; the occurrence of any event, change or other circumstance
that could give rise to the termination of the transaction; the
inability to recognize the anticipated benefits of the proposed
business combination; the inability to obtain or maintain the
listing of Vivid Seats’ shares on a national exchange following the
proposed business combination; costs related to the proposed
business combination; the risk that the proposed business
combination disrupts current plans and operations, business
relationships or business generally as a result of the announcement
and consummation of the proposed business combination; Vivid Seats’
ability to manage growth; Vivid Seats’ ability to execute its
business plan and meet its projections; potential disruption in
Vivid Seats’ employee retention as a result of the transaction;
potential litigation, governmental or regulatory proceedings,
investigations or inquiries involving Vivid Seats or Horizon,
including in relation to the transaction; changes in applicable
laws or regulations and general economic and market conditions
impacting demand for Vivid Seats or Horizon products and services,
and in particular economic and market conditions in the live events
industry in the markets in which Vivid Seats operates; and other
risks and uncertainties indicated from time to time in the proxy
statement/prospectus relating to the proposed business combination,
including those under “Risk Factors” therein, and in Horizon’s
other filings with the SEC. Forward-looking statements speak only
as of the date they are made. Readers are cautioned not to put
undue reliance on forward-looking statements, and Vivid Seats and
Horizon assume no obligation and do not undertake any obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by law. Neither Vivid Seats nor Horizon gives any
assurance that either Vivid Seats or Horizon will achieve its
expectations.
Contacts:
InvestorsAshley DeSimone, ICR
Ashley.DeSimone@icrinc.com 646-677-1827
MediaJulia Young, ICR
Julia.Young@icrinc.com 646-277-1280
Horizon Acquisition (NYSE:HZAC)
Historical Stock Chart
From Nov 2024 to Dec 2024
Horizon Acquisition (NYSE:HZAC)
Historical Stock Chart
From Dec 2023 to Dec 2024