Company: SZZL
Filing Date: 2025-04-02
Form Type: 424B3
Source: 0001213900-25-027678
Chunk: 239

Company: Sizzle Acquisition Corp. II
Filing Date: 2025-04-02
Form: 424B3
Chunk 239
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 these permitted transferees must enter into a written agreement agreeing to be bound by these transfer restrictions and the other restrictions contained in the letter agreements. Pursuant to the letter agreement entered with us, each of our sponsor, directors and officers have agreed to a lock -upand restrictions on their ability to transfer, assign, or sell the founder shares and private placement units and securities underlying the private placement units. Further, the sponsor membership interests (including the interests held by the non -managingmembers) are locked up and not transferable because the letter agreement prohibits indirect transfers. While non -managingmembers are not a direct party to the letter agreement discussed, as a result of their ownership of membership interests in the sponsor, they are bound by the restrictions set forth above with respect to their allocated founder shares, the private placement units and securities underlying the private placement units (including the restriction on transfer of their membership interests because the letter agreement prohibits indirect transfers). The securities held by the sponsor are expected to only be distributed directly to the members of the sponsor following the consummation of our initial business combination, provided that such members agree to become subject to the applicable transfer restrictions with respect to such securities, including the letter agreement. Indirect transfers of the securities held by the sponsor, such as to another member of the sponsor or their affiliate, a family member or a new member of the sponsor, may be permitted with the prior consent of Steve Salis and Jamie Karson, the managing members of the Sponsor Managing Member, so long as such transfer complies with the applicable transfer restrictions with respect to such securities to the same extent as the party originally subject to such restrictions. 155 Registration Rights The holders of the (i) founder shares, which were issued in the private placement, (ii) private placement units (and the securities comprising such units) which will be issued in the private placement and (iii) private placement units (and the securities comprising such units) that may be issued upon conversion of working capital loans will have registration rights to require us to register a sale of any of our securities held by them and any other securities of the company acquired by them prior to the consummation of our initial business combination pursuant to a registration rights agreement signed on the effective date of this offering. Pursuant to the registration rights agreement and assuming the underwriters exercise their over -allotmentoption in full and $1,500,000 of working capital loans are converted into private placement units, we will be obligated to register up to 8,491,667