Sizzle Acquisition Corp. II
Filed Mar 14, 2025.
View on SEC.govAbout this filing
A company's registration of shares for sale to the public, often for a first offering. It describes the business, its risks and how the company plans to use the money.
period unavailable · Filed Mar 14, 2025
Contents
Summary Financial Data
The following table summarizes the relevant financial data for our business and should be read with our financial statements, which are included in this prospectus. We have not had any significant operations to date, so only balance sheet data is presented.
| Actual | As Adjusted | |
|---|---|---|
| Balance Sheet Data: | ||
| Working (deficiency) capital(1) | $(191,790) | $911,670 |
| Total assets(2) | $149,460 | $201,207,670 |
| Total liabilities(3) | $191,790 | $9,296,000 |
| Value of ordinary shares subject to possible redemption(4) | $— | $200,000,000 |
| Shareholders’ deficit(5) | $(42,330) | $(8,088,330) |
(1) The “as adjusted” calculation includes $1,250,000 of cash held outside the trust account, including approximately $350,000 to be used to pay for director and officer liability insurance premiums, plus $42,330 of actual shareholders’ deficit on December 31, 2024, less $9,000,000 of deferred underwriting commissions and $296,000 of over-allotment liability.
(2) The “as adjusted” calculation equals $200,000,000 of cash held in trust from the proceeds of this offering and the sale of the private placement units, plus $1,250,000 in cash held outside the trust account, including approximately $350,000 to be used to pay for director and officer liability insurance premiums, plus $42,330 of actual shareholders’ deficit on December 31, 2024.
(3) The “as adjusted” calculation equals $9,000,000 of deferred underwriting commissions, assuming the over-allotment option is not exercised, and $296,000 of over-allotment liability.
(4) Calculated as 20,000,000 ordinary shares at $10.00 per share.
(5) Excludes 20,000,000 ordinary shares purchased in the public market which are subject to conversion in connection with our initial business combination. The “as adjusted” calculation equals the “as adjusted” total assets, less the “as adjusted” total liabilities, less the value of ordinary shares that may be converted in connection with our initial business combination ($10.00 per share).
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