Item 8.01. Other Events.
On February 5, 2021, The Music Acquisition Corporation, a Delaware corporation
(the "Company"), consummated its initial public offering (the "IPO") of
23,000,000 units (the "Units"), which included the full exercise of the
underwriters' option to purchase up to an additional 3,000,000 Units at the IPO
price to cover over-allotments. Each Unit consists of one share of Class A
common stock of the Company, par value $0.0001 per share ("Class A Common
Stock"), and one-half of one redeemable warrant of the Company ("Warrants"),
with each whole Warrant entitling the holder thereof to purchase one share of
Class A Common Stock at an exercise price of $11.50 per share, subject to
adjustment, pursuant to the Company's registration statement on Form S-1 (File
No. 333-252152). The Units were sold at a price of $10.00 per Unit, generating
gross proceeds to the Company of $230,000,000.
As previously reported on a Current Report on Form 8-K of the Company filed on
February 5, 2021, simultaneously with the consummation of the IPO, the Company
completed a private placement of an aggregate of 6,600,000 warrants (the
"Private Placement Warrants") at a price of $1.00 per Private Placement Warrant,
generating total gross proceeds of $6,600,000 (the "Private Placement").
A total of $230,000,000 of the net proceeds from the IPO and the Private
Placement was deposited in a trust account established for the benefit of the
Company's public stockholders. An audited balance sheet as of February 5, 2021,
reflecting receipt of the proceeds upon consummation of the IPO and the Private
Placement, has been issued by the Company and is attached hereto as Exhibit
99.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Audited balance sheet.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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THE MUSIC ACQUISITION CORPORATION 
