Company: SZZL
Filing Date: 2025-03-26
Form Type: S-1/A
Source: 0001013762-25-002824
Chunk: 306

Company: Sizzle Acquisition Corp. II
Filing Date: 2025-03-26
Form: S-1/A
Chunk 306
---
 certain limited circumstances, no member of the sponsor (including the non -managingsponsor investors) may transfer all or any portion of its membership interests in the sponsor. For more information, see “ Principal Shareholders — Restrict ions on Transfers of Founder Shares and Private Placement Units”. Cantor (and/or its designees) has also committed to purchase from us 200,000 private placement units at $10.00 per unit for an aggregate purchase price of $2,000,000 (whether or not the over -allotmentoption is exercised). The private placement units (including the underlying securities) will not be transferable, assignable or saleable until 30 days after the consummation of our initial business combination (except with respect to permitted transferees as described herein under “Principal Shareholders — Restrictions on Transfers of Founder Shares and Private Placement Units”). The purchase of the private placement units will take place on a private placement basis simultaneously with the consummation of this offering. Such private placement units will be considered underwriting compensation in connection with this offering. Such private placement units (and their underlying securities) will be subject to lock -uprestrictions, as required by FINRA Rule 5110(e)(1) and may not be sold during the offering, or sold, transferred, assigned, pledged, or hypothecated, or be the subject of any hedging, short sale, derivative, put, or call transaction that would result in the effective economic disposition of such securities by any person for a period of 180 days immediately following the date of effectiveness of the registration statement of which this prospectus forms a part or commencement of sales of the offering, except as provided in FINRA Rule 5110(e)(2). Cantor Fitzgerald & Co is entitled under the registration rights agreement to demand and “piggy -back” resale registration rights. Cantor may not exercise its demand and “piggy -back” registration rights after five and seven years, respectively, after the commencement of sales in this offering and may not exercise its demand rights on more than one occasion. Prior to this offering, there has been no public market for our securities. Consequently, the initial public offering price for the units was determined by negotiations between us and the representative. The determination of our per unit offering price was more arbitrary than would typically be the case if we were an operating company. Among the factors considered in determining the initial public offering price were the history and prospects of companies whose principal business is the acquisition of other companies,