Sizzle Acquisition Corp. II Completes $230M IPO, Focuses on Future Acquisitions

Deal News | Apr 03, 2025 | EIN

Sizzle Acquisition Corp. II Completes $230M IPO, Focuses on Future Acquisitions

Sizzle Acquisition Corp. II has successfully closed its initial public offering, raising $230 million. The offering included 23 million units at $10 per unit with an over-allotment option exercised in full. Each unit comprises one Class A ordinary share and one right to receive a tenth of another Class A ordinary share upon a business combination. The units began trading on Nasdaq under the ticker symbol SZZLU on April 2, 2025. Sizzle Acquisition Corp. II, led by CEO Steve Salis, is a blank check company targeting potential business mergers or similar combinations. Its primary focus spans diverse industries, including hospitality, food, real estate, technology, and more, primarily in the United States and developed markets. Cantor Fitzgerald & Co. managed the offering. The company has filed relevant documents with the SEC and highlights potential forward-looking risks related to its future business combinations.

Sectors

  • Finance
  • Technology
  • Food and Beverage

Geography

  • United States – Sizzle Acquisition Corp. II is primarily focusing its acquisition strategy within industries in the United States and other developed countries.

Industry

  • Finance – This industry involves Sizzle Acquisition Corp. II as it completes an initial public offering (IPO).
  • Technology – Sizzle Acquisition Corp. II plans to focus on potential acquisitions in the tech sector.
  • Food and Beverage – The company's acquisition strategy includes interests in the food and beverage industry.

Financials

  • $230,000,000 – Total capital raised through the IPO.

Participants

NameRoleTypeDescription
Sizzle Acquisition Corp. IIBlank Check CompanyCompanyA SPAC focusing on mergers and acquisitions in various sectors.
Cantor Fitzgerald & Co.Sole book-running managerCompanyThe financial services firm managing the IPO.
Steve SalisCEO and ChairmanPersonLeader of Sizzle Acquisition Corp. II.