Item 8.01 Other Events.

On March 31, 2021, Tekkorp Digital Acquisition Corp. (the "Company") filed with the Securities and Exchange Commission (the "SEC") a Notification of Late Filing on Form 12b-25 and Amendment No. 1 thereto, indicating that its Annual Report on Form 10-K for the fiscal year ended December 31, 2020 (the "Form 10-K") could not be filed by March 31, 2021 without unreasonable effort and expenses because the Company required additional time to complete, and its independent registered public accounting firm required additional time to audit, certain items with respect to the financial statements to be included in the Form 10-K. At that time, the Company indicated that it anticipated that it would file the Form 10-K as soon as practicable and no later than the fifteenth calendar day following the prescribed due date of March 31, 2021 (the "Extended Period").

On April 12, 2021, the SEC staff released a public statement (the "Public Statement") to highlight the potential accounting implications of certain terms that may be common in warrants included in special purpose acquisition company transactions and to discuss related financial reporting considerations.

The Company is currently evaluating the SEC's guidance in the Public Statement with respect to the Company's accounting treatment of its warrants and is determining what effects such guidance will have, if any, on the Form 10-K. As a result, the Company has determined that it will be unable to file the Form 10-K within the Extended Period. The Company plans to file the Form 10-K as soon as practicably possible.

This report may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this report are forward-looking statements. When used in this report, words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filings with the SEC. All subsequent written or oral forward-looking statements attributable to the Company or persons acting on its behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus relating to the Company's initial public offering filed with the SEC. Copies of such filings are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.





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