Company: SZZL
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110104
Chunk: 62

Company: Sizzle Acquisition Corp. II
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 62
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 opt out is irrevocable. The Company has elected not to opt out of
such extended transition period which means that when a standard is issued or revised and it has different application dates for public
or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies
adopt the new or revised standard. This may make comparison of the accompanying unaudited condensed financial statements with another
public company that is neither an (i) emerging growth company nor (ii) an emerging growth company that has opted out of using the extended
transition period difficult or impossible because of the potential differences in accounting standards used.  

Use
of Estimates

The
preparation of the accompanying unaudited condensed financial statements in conformity with GAAP requires Management to make estimates
and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the
date of the accompanying unaudited condensed financial statements and the reported amounts of expenses during the reporting period.

8

SIZZLE
ACQUISITION CORP. II

NOTES
TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

SEPTEMBER
30, 2025

Making
estimates requires Management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of
a condition, situation or set of circumstances that existed at the date of the accompanying unaudited condensed financial statements,
which Management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly,
the actual results could differ significantly from those estimates.

Cash
and Cash Equivalents

The
Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents.
The Company had $935,663 and $0 in cash, respectively, and no cash equivalents as of September 30, 2025 and December 31, 2024.

Investments
Held in Trust Account

As
of September 30, 2025 and December 31, 2024, the assets held in the Trust Account, amounting to $234,714,504 and $0, respectively, were
held in money market funds that are invested primarily in U.S. government securities. The Company accounts for its investments as trading
securities under FASB ASC Topic 320, “Investments—Debt and Equity Securities”, where securities are presented at fair
value on the