Company: SZZL
Filing Date: 2025-03-28
Form Type: S-1/A
Source: 0001013762-25-004157
Chunk: 242

Company: Sizzle Acquisition Corp. II
Filing Date: 2025-03-28
Form: S-1/A
Chunk 242
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 each non -managingsponsor investor purchasing, through the sponsor, the private placement units allocated to it in connection with the closing of this offering, the sponsor will issue membership interests at a nominal purchase price to the non -managingsponsor investors reflecting indirect interests in an aggregate of 2,760,000 founder shares held by the sponsor. The non -managingsponsor investors are not granted any shareholder or other rights in addition to those afforded to our other public shareholders, and will only be issued membership interests in the sponsor, with no right to control the sponsor or vote or dispose of any securities held by the sponsor, including the founder shares and the private placement units (and their underlying securities) held by the sponsor. The interests of the members of the sponsor are denominated in two classes of membership interest units: (i) class A membership units representing interests in the founder shares and (ii) class B membership units that will represent an interest in the private placement units. All members of the sponsor, including the Sponsor Managing Member, and any non -managingsponsor investor that may join the sponsor concurrently with this offering, will hold both classes of membership units representing their proportional interest in the founder shares and private placement units, respectively. Pursuant to an agreement of all members of the sponsor, the management and control of the sponsor is vested exclusively with the Sponsor Managing Member, without any voting, veto, consent or other participation rights by any non -managingsponsor investors regardless of their unit ownership. As a result of this management structure, non -managingsponsor investors will have no right to control the sponsor, or participate in any decision regarding the disposal of any security held by the sponsor, or otherwise. Further, the non -managingsponsor investors are not required to (i) hold any public units, public Class A ordinary shares or Share Rights they may purchase in this offering or thereafter for any amount of time, (ii) vote any Class A ordinary shares they may own at the applicable time in favor of our initial business combination or (iii) refrain from exercising their right to redeem their public shares at the time of our initial business combination. The non -managingsponsor investors will have the same rights to the funds held in the trust account with respect to the Class A ordinary shares underlying the units they may purchase in this offering as the rights afforded to our other public shareholders. However, if the non -managingsponsor investors purchase or otherwise hold our units, then the non -managingsponsor