Item 7.01. Regulation FD Disclosure.

On December 9, 2022, SportsTek Acquisition Corp., a Delaware corporation (the "Company"), issued a press release announcing that it has extended the exclusivity period under its non-binding letter of intent with Metavisio (d/b/a Thomson Computing) ("Metavisio"), a Euronext Growth-listed French company specializing in building, marketing, and selling laptops, with respect to a proposed business combination transaction (the "Proposed Transaction"). The Proposed Transaction is based on an enterprise value of Metavisio of between $140 million and $160 million; however, such valuation is subject to Company due diligence of Metavisio. The exclusivity period for due diligence and the negotiation of a definitive agreement, as extended, expires on December 31. 2022. A binding commitment with respect to the Proposed Transaction by the Company will only result from the execution of a definitive agreement and then only upon the terms and conditions set forth in the definitive agreement. There can be no assurance that the Company and Metavisio will enter into a definitive agreement with respect to the Proposed Transaction, or, if entered into, the terms that would be contained in such definitive agreement.

The press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference.

Forward-Looking Statements

This Current Report on Form 8-K contains certain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements are generally identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result" and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. 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.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. The following exhibits are filed with this Form 8-K:

Exhibit No. Description of Exhibits



  99.1      Press Release dated December 9, 2022.

104         Cover Page Interactive Data File (embedded within the Inline XBRL document)


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