Company: SZZL
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110104
Chunk: 147

Company: Sizzle Acquisition Corp. II
Filing Date: 2025-11-13
Form: 10-Q
Item: Part II, Item 1
Chunk 147
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Item
1. Legal Proceedings.

To
the knowledge of our Management Team, there is no material litigation currently pending or contemplated against us, any of our officers
or directors in their capacity as such, or against any of our property.

Item
1A. Risk Factors.

As a smaller reporting company under Rule 12b-2
of the Exchange Act, we are not required to include risk factors in this Report. However, for risks relating to our operations, see the
section titled “Risk Factors” contained in our (i) IPO Registration Statement, and (ii) 2025 Q1 Form 10-Q. As of the date
of this Report, there have been no material changes with respect to those risk factors. Any of these previously disclosed risk factors
could result in a significant or material adverse effect on our results of operations or financial condition. Additional risks not presently
known to us or that we currently deem immaterial may also affect our ability to consummate an initial Business Combination. We may disclose
changes to such risk factors or disclose additional risk factors from time to time in our future filings with the SEC.

Item
2. Unregistered Sales of Equity Securities and Use of Proceeds.

Unregistered
Sales of Equity Securities

There
were no sales of unregistered securities during the quarterly period covered by this Report. However, simultaneously with the closing
of the Initial Public Offering and pursuant to the Private Placement Units Purchase Agreements, we completed the sale of an aggregate
of 600,000 Private Placement Units to the Sponsor and Cantor in a Private Placement at a price of $10.00 per Private Placement Unit,
generating gross proceeds to us of $600,000. Of those 600,000 Private Placement Units, the Sponsor purchased 400,000 Private Placement
Units and Cantor purchased 200,000 Private Placement Units. The Private Placement Units (and underlying securities) are identical
to the Public Units (and underlying securities), except as otherwise disclosed in the IPO Registration Statement. No underwriting discounts
or commissions were paid with respect to such sale. The issuance of the Private Placement Units was made pursuant to the exemption from
registration contained in Section 4(a)(2) of the Securities Act.

Use
of Proceeds

There
were no offerings of registered securities and therefore no planned use of proceeds from such offerings during the quarterly period covered
by this Report. For a description of the use of proceeds generated in our Initial Public Offering and Private Placement, see Part II,