Company: SZZL
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075798
Chunk: 30

Company: Sizzle Acquisition Corp. II
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 30
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 plans to complete a Business Combination will be successful.

We may seek to extend the Combination Period consistent
with applicable laws, regulations and stock exchange rules by amending our Amended and Restated Articles. Any such amendment would require
the approval of our Public Shareholders, who will be provided the opportunity to redeem all or a portion of their Public Shares in connection
with the vote on such approval. Such redemptions will decrease the amount held in our Trust Account and our capitalization, and may affect
our ability to maintain our listing on Nasdaq. In addition, the Nasdaq Rules currently require SPACs (such as us) to complete their initial
Business Combination in accordance with the Nasdaq 36-Month Requirement. If we do not meet the Nasdaq 36-Month Requirement, our securities
will likely be subject to a suspension of trading and delisting from Nasdaq. Our Sponsor may also, in its discretion, consider selling
its interest in our Company to another sponsor entity, which may result in a change to our Management Team.

Results of Operations

We have neither engaged in any operations nor
generated any revenues to date. Our only activities since July 8, 2024 (inception) through June 30, 2025 have been (i) organizational
activities and (ii) activities relating to (x) the Initial Public Offering and (y) identifying and evaluating prospective acquisition
candidates and activities in connection with the initial Business Combination. We will not generate any operating revenues until after
completion of our initial Business Combination. We have generated non-operating income in the form of interest income on investments held
in the Trust Account after the Initial Public Offering. We expect to incur increased expenses as a result of being a public company (for
legal, financial reporting, accounting and auditing compliance, among other things), as well as for due diligence expenses.

17

For the three months ended June 30, 2025, we had
net income of $2,073,406, which consists of interest income earned on marketable securities held in the Trust Account of $2,280,342, partially
offset by operating costs of $206,936.

For the six months ended June 30, 2025, we had
a net income of $2,031,279, which consists of interest income earned on marketable securities held in the Trust Account of $2,280,342,
partially offset by operating costs of $249,063.

Liquidity and Capital