BRIEF-Sports Entertainment Acquisition Corp. Provides Update On Audit Committee Requirements And Business Combination Amendment

Reuters2021-11-18

Nov 17 (Reuters) - Sports Entertainment Acquisition Corp.

:

* SPORTS ENTERTAINMENT ACQUISITION CORP. PROVIDES UPDATE ON AUDIT COMMITTEE REQUIREMENTS AND BUSINESS COMBINATION AMENDMENT

* SPORTS ENTERTAINMENT ACQUISITION - COORDINATED WITH NYSE REGARDING ITS PLAN NOT TO APPOINT THIRD MEMBER OF AUDIT COMMITTEE UNTIL CLOSING OF COMBINATION

* SPORTS ENTERTAINMENT ACQUISITION CORP. - NYSE HAS CONFIRMED THAT IT DOES NOT PLAN TO DELIST COMPANY

* SPORTS ENTERTAINMENT ACQUISITION CORP. - AFTER NOVEMBER 17, 2021 NYSE WILL INCLUDE COMPANY IN A LIST OF NONCOMPLIANT ISSUERS THAT NYSE PUBLISHES

* SPORTS ENTERTAINMENT ACQUISITION CORP. - AMENDMENT PROVIDES THAT OUTSIDE DATE FOR CLOSING OF BUSINESS COMBINATION IS MARCH 31, 2022

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