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Sizzle Acquisition Corp. II Completes $230,000,000 Initial Public Offering

1. Sizzle Acquisition Corp. II completed its IPO, raising $230 million. 2. Units started trading on Nasdaq under symbol 'SZZLU' on April 2, 2025. 3. SZZL will trade separately once eligible, alongside Share Rights 'SZZLR'. 4. Company aims for business combinations across diverse sectors including hospitality and retail. 5. Sizzle Acquisition Corp. II is led by seasoned executives from prior successful SPAC.

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FAQ

Why Bullish?

The successful IPO indicates strong investor interest, enhancing future capital-raising potential for SZZL.

How important is it?

The completion of the IPO opens avenues for future business combinations, crucial for SZZL's operational strategy.

Why Short Term?

Initial market response to the IPO will significantly impact pricing in the upcoming months, based on investor confidence.

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SZZLUSZZLR
NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) -- Sizzle Acquisition Corp. II (the “Company”) announced today the completion of its initial public offering of 23,000,000 units at a price of $10.00 per unit, resulting in gross proceeds of $230,000,000. Sizzle The units began trading on the Nasdaq Global Market on April 2, 2025, under the ticker symbol “SZZLU.” Each unit consists of one share of common stock and one right to receive one-tenth (1/10) of a share of common stock upon the consummation of an initial business combination. The common stock and Share Rights are expected to trade separately under the symbols “SZZL” and “SZZLR” once eligible. Sizzle Acquisition Corp. II is a blank check company formed for the purpose of effecting a business combination with one or more businesses across sectors including hospitality, restaurant, food and beverage, retail, consumer, real estate (including proptech), food-related technology, professional sports, and airlines. The Company is focused on identifying established, scalable businesses operating within or adjacent to these sectors in the United States and other developed markets. The Company is led by Steve Salis (Chief Executive Officer and Chairman), Jamie Karson (Non-Executive Vice Chairman), and Daniel Lee (Chief Financial Officer and Head of Business and Corporate Development). The Board of Directors includes Neil Leibman, Warren Thompson, and David Perlin. This is the second SPAC sponsored by Salis Holdings. The team’s previous vehicle, Sizzle Acquisition Corp., completed a merger with European Lithium to form Critical Metals Corp. in early 2024. Cantor Fitzgerald & Co. acted as sole book-running manager for the offering. Media Contact: Sheena Lajoiesl@sizzlespac.com Disclaimer: This press release is provided by the Sizzle Acquisition Corp. II. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Legal Disclaimer: This media platform provides the content of this article on an "as-is" basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aa1237f0-c357-4cd5-8193-5ff27e1c0176

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