 NEW YORK, Oct. 14, 2021 GLOBE NEWSWIRE -- Horizon Acquisition Corp. NYSE: HZAC Horizon or the Company announced today that Eldridge Industries, LLC Eldridge, an affiliate of Horizons sponsor, Horizon Sponsor, LLC, has entered into an agreement with DraftKings NASDAQ: DKNG to make a private placement PIPE investment in connection with the closing of the previously announced merger between Horizon and Vivid Seats. The investment will be part of the previously announced PIPE financing for the transaction, with DraftKings assuming a portion of Eldridges commitment. The closing of the investment is conditioned upon completion of the business combination between Horizon and Vivid Seats, which is subject to approval of Horizons shareholders. 