Barclays PLC has filed an amended Schedule 13G reporting beneficial ownership of 990,000 shares of Sizzle Acquisition Corp Class A common stock, representing 4.19% of the class as of an event date of December 31, 2025.
Barclays reports sole voting and sole dispositive power over all 990,000 shares, with no shared voting or dispositive power. The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Sizzle Acquisition Corp. Barclays Bank PLC is identified as the relevant subsidiary.
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.
AQR Capital Management, AQR Capital Management Holdings and AQR Arbitrage report joint beneficial ownership of 1,556,600 Class A ordinary shares of Sizzle Acquisition Corp. II, representing 6.6% of the class. The filing shows no sole voting or dispositive power and records shared voting power and shared dispositive power of 1,556,600 shares, indicating the position is held collectively by the AQR entities named.
The submission is a Schedule 13G and includes a certification that the securities are held in the ordinary course of business and were not acquired or are not held for the purpose of changing or influencing control. The filing discloses a material passive stake above the 5% reporting threshold and identifies the reporting entities and their shared control attributes.
Barclays PLC reports beneficial ownership of 1,339,026 shares of SIZZLE ACQUISITION CORP-CL A, representing 5.67% of the class. The filing shows Barclays holds sole voting and sole dispositive power over these shares and classifies the reporting person as "HC."
The statement certifies the securities were acquired and are held in the ordinary course of business and are not held to change or influence control of the issuer. The filing also identifies Barclays Bank PLC as the subsidiary referenced by the parent holding company.
Magnetar entities report a 7.41 % passive stake in Sizzle Acquisition Corp. II (SZZLU)
Schedule 13G filed 8 Aug 2025 shows Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman jointly holding 1,750,000 Class A ordinary shares. The position was triggered on 30 Jun 2025 and represents 7.41 % of the 23.6 million shares outstanding (per the issuer’s 15 May 2025 filing). Voting and dispositive power over all shares is shared; none of the reporting persons has sole authority.
The shares are spread across eight Magnetar-managed funds, led by Constellation Master Fund (385,000 shares) and Lake Credit Fund (350,000). The group filed under Rule 13d-1(b), certifying that the investment is held in the ordinary course and not to influence control. Magnetar Financial is classified as an investment adviser; the other entities are parent holding/control persons. This disclosure introduces Magnetar as a new 5 %+ institutional holder in the SPAC, information that may be relevant ahead of any future business-combination vote.