Company: SZZL
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075798
Chunk: 131

Company: Sizzle Acquisition Corp. II
Filing Date: 2025-08-13
Form: 10-Q
Item: Part II, Item 1
Chunk 131
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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. For additional risks relating to our operations see the
section titled “Risk Factors” contained in our (i) IPO Registration Statement and (ii) Quarterly Report on Form 10-Q for the
quarterly period ended March 31, 2025, as filed with the SEC on May 15, 2025. Any of these factors could result in a significant or material
adverse effect on our results of operations or financial condition. Additional risks could arise that 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

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

On April 3, 2025, we consummated
our Initial Public Offering of 23,000,000 Public Units, which includes the full exercise of the Over-Allotment Option in the amount of
3,000,000 Option Units. Each Public Unit consists of one Public Share and one Public Right, which grants the holder the right to receive
one-tenth (1