Item 7.01 Regulation FD Disclosure.
On February 2, 2022, Cohn
Robbins Holdings Corp (“Cohn Robbins”) revised the investor presentation (the “Investor Presentation”)
relating to the potential business combination (the “Business Combination”) between Cohn Robbins and SAZKA Entertainment
AG (“Sazka” or the “Company”). The updated Investor Presentation is attached hereto as Exhibit
99.1 and is incorporated herein by reference.
The information in this Item
7.01, attached hereto as Exhibit 99.1, is furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject
to liabilities under that section, and shall not be deemed to be incorporated by reference into the filings of Cohn Robbins under the
Securities Act of 1933 (the “Securities Act”) or the Securities Exchange Act, regardless of any general incorporation
language in such filings. This Current Report on Form 8-K will not be deemed an admission as to the materiality of any information contained
in this Item 7.01.
Additional Information about the Business Combination
and Where to Find It.
In connection with the Business
Combination, Allwyn Entertainment AG, a Swiss stock corporation (Aktiengesellschaft) (“Swiss NewCo”) will file
the Registration Statement with the Securities and Exchange Commission (the “SEC”). The proxy statement/prospectus
on Form F-4 (the “Registration Statement”) to be filed by Swiss NewCo in connection with the Business Combination
will include a proxy statement of Cohn Robbins and a prospectus of Swiss NewCo, referred to as a proxy statement/prospectus. The proxy
statement/prospectus will be sent to all Cohn Robbins Stockholders. Additionally, Swiss NewCo and Cohn Robbins will file other relevant
materials with the SEC in connection with the Business Combination. Copies of the Registration Statement, the proxy statement/prospectus
and all other relevant materials filed or that will be filed with the SEC may be obtained free of charge at the SEC’s website at
www.sec.gov. Before making any voting or investment decision, investors and security holders of Cohn Robbins are urged to read the
Registration Statement, the proxy statement/prospectus and all other relevant materials filed or that will be filed with the SEC in connection
with the Business Combination because they will contain important information about the Business Combination and the parties to the Business
Combination.
Participants in Solicitation
Cohn Robbins, Sazka and Swiss
NewCo and their respective directors and executive officers, under SEC rules, may be deemed to be participants in the solicitation of
proxies of Cohn Robbins Stockholders in connection with the Business Combination. Investors and security holders may obtain more detailed
information regarding the names and interests in the Business Combination of Cohn Robbins’ directors and officers in Cohn Robbins’
filings with the SEC, including Cohn Robbins’ registration statement on Form S-1, dated as of September 8, 2020. To the extent
that holdings of Cohn Robbins’ securities have changed from the amounts reported in Cohn Robbins’ registration statement
on Form S-1, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. Information
regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies to the stockholders of Cohn Robbins
(the “Cohn Robbins Stockholders”) in connection with the Business Combination will be included in the proxy statement/prospectus
relating to the Business Combination when it becomes available. You may obtain free copies of these documents as described in the preceding
paragraph.
No Offer or Solicitation
This Current Report on Form 8-K
shall not constitute a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect
of the Business Combination. This Current Report on Form 8-K shall also not constitute an offer to sell or a solicitation of an offer
to buy any securities of Cohn Robbins or Sazka, nor shall there be any sale of securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act.
Forward-Looking Statements
This Current Report on
Form 8-K includes “forward-looking statements” within the meaning of the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995 with respect to the Business Combination between Cohn Robbins and Sazka. Words
such as “expect,” “estimate,” “project,” “budget,” “forecast,”
“anticipate,” “intend,” “plan,” “may,” “will,” “could,”
“should,” “believe,” “predict,” “potential,” “continue,”
“strategy,” “future,” “opportunity,” “would,” “seem,”
“seek,” “outlook” and similar expressions are intended to identify such forward-looking statements.
Forward-looking statements are predictions, projections and other statements about future events that are based on current
expectations and assumptions and, as a result, are subject to risks and uncertainties that could cause the actual results to differ
materially from the expected results. These statements are based on various assumptions, whether or not identified in this Current
Report on Form 8-K. These forward-looking statements are provided for illustrative purposes only and are not intended to serve
as, and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or
probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. These
forward-looking statements include, without limitation, Sazka’s and Cohn Robbins’ expectations with respect to
anticipated financial impacts of the Business Combination, the satisfaction of closing conditions to the Business Combination, and
the timing of the completion of the Business Combination. You should carefully consider the risks and uncertainties described in the
“Risk Factors” section of Cohn Robbins’ registration statement on Form S-1 (File No. 333-240277, its Annual Report
on Form 10-K, as amended from time to time, for the fiscal year ended December 31, 2020 and its subsequent Quarterly Reports on Form
10-Q. In addition, there will be risks and uncertainties described in the Form F-4 and other documents filed by Swiss NewCo and Cohn
Robbins from time to time with the SEC. These filings would identify and address other important risks and uncertainties that could
cause actual events and results to differ materially from those contained in the forward-looking statements. Most of these factors
are outside Sazka’s and Cohn Robbins’ control and are difficult to predict. Many factors could cause actual future
events to differ from the forward-looking statements in this Current Report on Form 8-K, including but not limited to: (1) the
outcome of any legal proceedings that may be instituted against Cohn Robbins or Sazka following the announcement of the Business
Combination; (2) the inability to complete the Business Combination, including due to the inability to concurrently close the
Business Combination and the private placement of common stock or due to failure to obtain approval of the Cohn Robbins
Stockholders; (3) the risk that the transaction may not be completed by Cohn Robbins’ business combination deadline and
the potential failure to obtain an extension of the Business Combination deadline if sought by Cohn Robbins; (4) the failure to
satisfy the conditions to the consummation of the transaction, including the approval by the Cohn Robbins Stockholders, the
satisfaction of the minimum trust account amount following any redemptions by Cohn Robbins’ public stockholders and the
receipt of certain governmental and regulatory approvals; (5) delays in obtaining, adverse conditions contained in, or the inability
to obtain necessary regulatory approvals or complete regulatory reviews required to complete the Business Combination; (6) the
occurrence of any event, change or other circumstance that could give rise to the termination of the business combination agreement;
(7) volatility in the price of Cohn Robbins’ securities; (8) the risk that the Business Combination disrupts current
plans and operations as a result of the announcement and consummation of the Business Combination; (9) the inability to recognize
the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of the
combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain key employees;
(10) costs related to the Business Combination; (11) changes in the applicable laws or regulations; (12) the possibility that the
combined company may be adversely affected by other economic, business, and/or competitive factors; (13) the risk of downturns
and a changing regulatory landscape in the industry in which Sazka operates; (14) the impact of the global COVID-19 pandemic;
(15) Sazka’s ability to obtain or maintain rights or licenses to operate in any market in which Sazka operates;
(16) the potential inability of Sazka to raise additional capital needed to pursue its business objectives or to achieve
efficiencies regarding other costs; (17) the enforceability of Sazka’s intellectual property, including its patents, and the
potential infringement on the intellectual property rights of others, cyber security risks or potential breaches of data security;
and (18) other risks and uncertainties described in Cohn Robbins’ registration statement on Form S-1 and Annual Report on Form
10-K, as amended from time to time, for the fiscal year ended December 31, 2020 and its subsequent Quarterly Reports on Form 10-Q.
These risks and uncertainties may be amplified by the COVID-19 pandemic, which has caused significant economic uncertainty. Sazka
and Cohn Robbins caution that the foregoing list of factors is not exclusive or exhaustive and not to place undue reliance upon any
forward-looking statements, including projections, which speak only as of the date made. None of Sazka or Cohn Robbins gives any
assurance that Sazka or Cohn Robbins will achieve its expectations. None of Sazka or Cohn Robbins undertakes or accepts any
obligation to publicly provide revisions or updates to any forward-looking statements, whether as a result of new information,
future developments or otherwise, or should circumstances change, except as otherwise required by securities and other applicable
laws.
