Company: SZZL
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110104
Chunk: 6

Company: Sizzle Acquisition Corp. II
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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— 
  
       Repayment of IPO Promissory Note - related party 
     (306,752) 
     — 
  
       Payment of offering costs 
     (270,592) 
     — 
  
    Net cash provided by financing activities 
     231,405,966  
     — 

    Net Change in Cash 
     935,663  
     — 
  
    Cash – Beginning of period 
     —  
     — 
  
    Cash – End of period 
    $935,663  
    $— 

    Noncash investing and financing activities: 

    Offering costs included in accrued offering costs 
    $25,580  
    $18,620 
  
    Deferred offering costs paid through IPO Promissory Note – related party 
    $158,635  
    $67,500 
  
    Prepaid services contributed by Sponsor through IPO Promissory Note - related party 
    $113,952  
    $10,400 
  
    Due from Sponsor 
    $16,690  
    $— 

The
accompanying notes are an integral part of the unaudited condensed financial statements.

4

SIZZLE
ACQUISITION CORP. II

NOTES
TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

SEPTEMBER
30, 2025

Note
1. Description of Organization, Business Operations and Liquidity and Capital Resources

Sizzle
Acquisition Corp. II (the “Company”) is a blank check company incorporated as a Cayman Islands exempted company on July 8,
2024. The Company was incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase,
reorganization or similar business combination with one or more businesses (the “Business Combination”). The Company may
pursue an initial Business Combination target in any industry. The Company is an early-stage and emerging growth company and, as such,
the Company is subject to all of the risks associated with early-stage and emerging growth companies. As of September 30, 2025, the Company
had not entered into a definitive agreement with any specific Business Combination target.

As
of September 30, 2025, the Company had not commenced any operations. All activity for the period from July 8, 2024 (inception) through