Company: SZZL
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110104
Chunk: 76

Company: Sizzle Acquisition Corp. II
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 76
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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 (a “Special Resolution”), and pursuant to the Amended and Restated Articles,
such actions include amending the 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 initial Business Combination, the
holders of more than 50% of the Ordinary Shares voted for the appointment of directors can appoint all of the directors. Prior to the
consummation of the initial Business Combination, only holders of the Class B Ordinary Shares (i) have the right to vote on
the appointment and removal of directors and (ii) are entitled to vote on continuing the Company in a jurisdiction outside the Cayman
Islands (including any Special Resolution required to amend the Amended and Restated Articles or to adopt new constitutional documents,
in each case, as a result of the Company approving a transfer by way of continuation in a jurisdiction outside the Cayman Islands). Holders
of the Class A Ordinary Shares are not entitled to vote on these matters during such time. These provisions of the Amended and Restated
Articles may only be amended if approved by a Special Resolution passed by the affirmative vote of at least 90% (or, where such amendment
is proposed in respect of the consummation of the initial Business Combination , 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 of the Company.

Rights

Except
in cases where the Company is not the surviving company in a Business Combination, each holder of a Right will automatically receive
one-tenth (1/10) of one Ordinary Share upon consummation of the initial Business Combination. The Company will not issue fractional shares
in connection with an exchange of Rights. Fractional shares will either be rounded down to the nearest whole share or otherwise addressed
in accordance with the applicable provisions of Cayman law. In the event the Company is not the surviving company upon completion of
the initial Business Combination