Here are the 10-Q quarterly reports from Sizzle Acquisition Corp. II Unit (SZZLU) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SZZLU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SZZLU filings page.
Sizzle Acquisition Corp. II is a Cayman Islands blank check company that completed a $230,000,000 IPO in April 2025 and holds $241,193,502 in cash and marketable securities in its Trust Account as of June 30, 2026, or $10.49 per public share. For the six months ended June 30, 2026, it reported net income of $3,422,685, driven by $4,186,292 of interest income on Trust investments, partially offset by $763,607 of general and administrative costs.
Cash outside the Trust Account was $340,147 with working capital of $52,342, leaving limited funds for ongoing expenses. Management discloses that these conditions and the need to complete a Business Combination by April 3, 2027 raise substantial doubt about the company’s ability to continue as a going concern. The company has entered into a Business Combination Agreement with Trasteel Holding S.A. but has not yet completed this transaction.
Sizzle Acquisition Corp. II is a Cayman Islands blank check company formed to complete a business combination. The company completed an initial public offering and private placement that generated total gross proceeds of $236.0 million (including a $230.0 million IPO and $6.0 million private placement). Proceeds of $230.0 million were deposited in a U.S.-based Trust Account and invested in short-dated U.S. government securities and money market funds; the Trust Account balance was $232,280,342 as of June 30, 2025. Cash held outside the Trust Account was $1,116,277, with reported working capital of $952,612.
The company reported net income of $2,073,406 for the three months and $2,031,279 for the six months ended June 30, 2025, driven by $2,280,342 of interest income on Trust Account investments and partially offset by formation and operating costs of $206,936 (three months) and $249,063 (six months). A $10,950,000 deferred underwriting fee is payable upon completion of an initial business combination. The company has no operating revenues and will rely on Trust Account proceeds and possible sponsor support to consummate a business combination within the Combination Period.