Item
8.01 Other Events.
On February 2, 2022, SAZKA
Entertainment AG (“Sazka” or the “Company”)
issued a press release (the “Press Release”) relating to the pricing of the
upcoming issuances of senior secured notes due 2027, by SAZKA Group a.s., and senior secured floating rate notes due 2028, by Allwyn
Entertainment Financing (UK) plc, in a combined aggregate principal amount of €600 million. The updated Press Release is attached
hereto as Exhibit 99.1 and is incorporated herein by reference.
The
information in this Item 8.01, 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 8.01.
Additional
Information about the Business Combination and Where to Find It.
In connection with the proposed
business combination between Sazka and Cohn Robbins Holdings Corp. (“Cohn Robbins”)
(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.