Company: SZZL
Filing Date: 2025-03-28
Form Type: S-1/A
Source: 0001013762-25-004157
Chunk: 168

Company: Sizzle Acquisition Corp. II
Filing Date: 2025-03-28
Form: S-1/A
Chunk 168
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 a BVI business company incorporated in the British Virgin Islands (“Critical Metals”), an exploration stage mining and development company for lithium. In connection with the closing of that business combination, Critical Metals’ ordinary shares and warrants began trading on the Nasdaq Global Market under the ticker symbols “CRML” and “CRMLW,” respectively, on February 28, 2024. On July 1, 2024, CRML was added to the Russell 2000 Index. As of February6, 2025, the trading price of CRML was $5.75, and it had a market capitalization of approximately $514million. Salis Holdings, LLC (“Salis”) was formed by Steve Salis in 2015 as a privately -held, diversified holding company based in Washington, D.C. Over the past seven years, Salis, through its consumer platform, Catalogue, acquired Ted’s Bulletin from the Matchbox Group, a regional chain of modern American casual restaurants serving breakfast food all day, and Kramerbooks, which pre -COVID, was to our knowledge, one of the higher grossing restaurant/bookstores in the country. Salis identified value in Ted’s Bulletin, which at the time of acquisition had negative comp store sales and declining guest counts. However, within six months after making the acquisition, Salis re -engineeredthe business, ultimately making it one of the higher grossing revenue producers in its category. Also during the past seven years, Catalogue launched Federalist Pig, which has captured the attention of barbeque aficionados from across the country, and Honeymoon Chicken. Federalist Pig and Honeymoon Chicken have won multiple Michelin Bib Gourmand awards. The Salis brands are perceived as having a high price/value correlation which Salis believes engenders consumer loyalty and frequency. Salis believes that the data collected from a multi -brandcompany offers a 106 deeper dive into consumer analytics than that of a single brand. To further diversify its holdings, Salis, through its real estate company, acquires real estate including some of the real estate of certain of its restaurant brands and is seeking to acquire additional real estate as part of its overall strategy. Prior to 2015, Mr.Salis co -founded&pizza, a successful fast casual pizza brand which delivers individual pizzas, cooked within 3 minutes, using fresh ingredients. Mr.Salis co -founded&pizza in July 2011 and served as its CEO from July 2011 to March 201