Company: SZZL
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110104
Chunk: 72

Company: Sizzle Acquisition Corp. II
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 72
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, commencing on April 2, 2025, through the earlier of the Company’s consummation of
initial Business Combination and its liquidation, the Company pays an aggregate of $15,000 per month for office space, utilities, and
secretarial and administrative support services. For the three and nine months ended September 30, 2025, the Company incurred and paid
$45,000 and $88,000 of fees for these services pursuant to the Administrative Services Agreement, respectively.

Working
Capital Loans

In
order to finance transaction costs in connection with a Business Combination, the Sponsor or an affiliate of the Sponsor or certain of
the Company’s officers and directors may, but are not obligated to, loan the Company Working Capital Loans as may be required.
If the Company completes a Business Combination, the Company will repay the Working Capital Loans. In the event that a Business Combination
does not close, the Company may use a portion of the working capital held outside the Trust Account to repay the Working Capital Loans,
but no proceeds from the Trust Account would be used to repay the Working Capital Loans. Up to $1,500,000 of such Working Capital Loans
may be convertible into units of the post-Business Combination entity at a price of $10.00 per unit at the option of the lender. Such
units would be identical to the Private Placement Units. As of September 30, 2025 and December 31, 2024, no such Working Capital Loans
were outstanding.

Note
6. Commitments and Contingencies  

Risks
and Uncertainties

The
Company’s ability to complete an initial Business Combination may be adversely affected by various factors, many of which are beyond
the Company’s control. The Company’s ability to consummate an initial Business Combination could be impacted by, among other
things, changes in laws or regulations, downturns in the financial markets or in economic conditions, inflation, fluctuations in interest
rates, increases in tariffs, supply chain disruptions, declines in consumer confidence and spending, public health considerations, and
geopolitical instability, such as the military conflicts in Ukraine and the Middle East. The Company cannot at this time predict the
likelihood of one or more of the above events, their duration or magnitude or the extent to which they may negatively impact the Company’s
ability to complete an initial Business Combination.

Registration
Rights Agreement 

The
holders of the (i) Founder Shares, (ii) Private Placement Units (and their