Company: SZZL
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044190
Chunk: 57

Company: Sizzle Acquisition Corp. II
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 8
Chunk 57
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) the total number of all Ordinary Shares outstanding upon the completion of this offering (including
any Class A Ordinary Shares issued pursuant to the underwriters’ Over-Allotment Option and excluding the securities underlying the
Share Rights and the Private Placement Units), plus (ii) all Class A Ordinary Shares and equity-linked securities issued or deemed issued,
in connection with the closing of the initial Business Combination (excluding any shares or equity-linked securities issued, or to be
issued, to any seller in the initial Business Combination and any Private Placement-equivalent Units issued to the Sponsor or any of its
affiliates or to the Company’s officers or directors upon conversion of Working Capital Loans) minus (iii) any redemptions of Class
A Ordinary Shares by Public Shareholders in connection with an initial Business Combination; provided that such conversion of Founder
Shares will never occur on a less than one-for-one basis.

Holders of record of the Company’s Class
A Ordinary Shares and Class B Ordinary Shares are entitled to one vote for each share held on all matters to be voted on by shareholders.
Unless specified in the Amended and Restated Articles or as required by the Companies Act or stock exchange rules, an Ordinary Resolution
under Cayman Islands law and the Amended and Restated Articles, which requires the affirmative vote of at least a majority of the votes
cast by such shareholders as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at the applicable general
meeting of the Company is generally required to approve any matter voted on by the Company’s shareholders. Approval of certain actions
requires a Special Resolution under Cayman Islands law, which (except as specified below) requires the affirmative vote of at least two-thirds
of the votes cast by such shareholders as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at the applicable
general meeting, and pursuant to the Amended and Restated Articles, such actions include amending the Company’s Amended and Restated
Articles and approving a statutory merger or consolidation with another company. There is no cumulative voting with respect to the appointment
of directors, meaning, following the Company’s initial Business Combination, the holders of more than 50% of the Ordinary Shares
voted for the appointment of directors can elect all of the directors. Prior to the consummation of the initial Business Combination,
only holders of the Class B Ordinary Shares will (i) have the right to vote on the appointment and removal of directors