Company: SZZL
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044190
Chunk: 3

Company: Sizzle Acquisition Corp. II
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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    Cash, end of the period 
    $— 

    Non cash investing and financing activities: 

    Deferred offering costs included in accrued offering costs 
    $12,639 
  
    Deferred offering paid through promissory note – related party 
    $113,588 
  
    Prepaid expenses paid through promissory note – related party 
    $6,000 

The accompanying notes are an integral part of
the unaudited condensed financial statements. 

4

SIZZLE ACQUISITION CORP. II

NOTES TO CONDENSED FINANCIAL STATEMENTS

MARCH 31, 2025

(Unaudited) 

NOTE 1. DESCRIPTION OF ORGANIZATION AND BUSINESS
OPERATIONS

Sizzle Acquisition Corp. II (the “Company”)
is a blank check company incorporated as a Cayman Islands exempted company on July 8, 2024. The Company was incorporated for the purpose
of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination
with one or more businesses (the “Business Combination”). The Company has not selected any specific Business Combination target
and the Company has not, nor has anyone on its behalf, engaged in any substantive discussions, directly or indirectly, with any Business
Combination target with respect to an initial Business Combination with the Company.

As of March 31, 2025, the Company had not commenced
any operations. All activity for the period from July 8, 2024 (inception) through March 31, 2025 relates to the Company’s formation
and the initial public offering (the “Initial Public Offering”), which is described below. The Company will not generate any
operating revenues until after the completion of its initial Business Combination, at the earliest. The Company will generate non-operating
income in the form of interest income on investments from the proceeds derived from the Initial Public Offering. The Company has selected
December 31 as its fiscal year end.

The IPO Registration Statement was declared effective
on April 1, 2025. On April 3, 2025, the Company consummated the Initial Public Offering of 23,000,000 Units, which includes the full exercise
by the underwriters of their Over-Allotment Option in the amount of 3,000,000 Option Units at $10.00 per Unit, generating gross proceeds
of $230,