Company: SZZL
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110104
Chunk: 54

Company: Sizzle Acquisition Corp. II
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 54
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NOTES
TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

SEPTEMBER
30, 2025

Note
1. Description of Organization, Business Operations and Liquidity and Capital Resources

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 may
pursue an initial Business Combination target in any industry. The Company is an early-stage and emerging growth company and, as such,
the Company is subject to all of the risks associated with early-stage and emerging growth companies. As of September 30, 2025, the Company
had not entered into a definitive agreement with any specific Business Combination target.

As
of September 30, 2025, the Company had not commenced any operations. All activity for the period from July 8, 2024 (inception) through
September 30, 2025, relates to the Company’s formation and the Initial Public Offering (as defined below) and subsequent to the
Initial Public Offering, identifying and evaluating prospective acquisition candidates and activities in connection with the Business
Combination. The Company will not generate any operating revenue until after the completion of its initial Business Combination, at the
earliest. The Company generates 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
Company’s sponsor is VO Sponsor II, LLC (the “Sponsor”).

The
Registration Statement on Form S-1 for the Initial Public Offering, initially filed with the U.S. Securities and Exchange Commission
(the “SEC”) on March 14, 2025, as amended (File No. 333-285839), was declared effective on April 1, 2025 (the
“IPO Registration Statement”). On April 3, 2025, the Company consummated the initial public offering of 23,000,000 units
(the “Public Units”), which included the full exercise of the Over-Allotment Option (as defined in Note 6) in the amount
of 3,000,000 units (the “Option Units