Sizzle Acquisition Corp. II (NASDAQ: SZZLU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SZZLU”, Wednesday, April 2, 2025.
Sizzle II plans to search for a target in a range of industries and combine with an established business of scale poised for continued growth, led by a highly regarded management team.
The Company’s management team is led by Steve Salis, its Chief Executive Officer and Chairman of the Board of Directors, Jamie Karson, its Non-Executive Vice-Chairman of the Board and Daniel Lee, its Chief Financial Officer and Head of Business and Corporate Development. In addition, the Board of Directors includes Neil Leibman, Warren Thompson and David Perlin.
Total SPAC deal count for 2025 year-to-date is now 21. This offering is expected to close on Thursday, April 3, 2025.
Cantor Fitzgerald is acting as sole book-running manager for the offering. Ellenoff, Grossman & Schole LLP is serving as Issuer’s Counsel with Kirkland & Ellis LLP serving as Underwriter’s Counsel. WithumSmith+Brown PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Vendome Acquisition Corporation I (NASDAQ:VNMEU) has filed for a $150 million SPAC to hunt for a consumer target in a developed market. Investors in the new SPAC will get a 1/2 warrant in each unit and its trust is not overfunded. But, Vendome I may potentially have a sooner redemption event than most recently issued...
Timber Road Acquisition Corp. (NASDAQ:TMRDU) has filed for a $200 million SPAC to put its team’s real estate investing experience to work as it conducts a broad search for a target. The new SPAC is to include one right to a 1/8 share in each unit and is underwritten by Roth Capital Partners. It becomes Roth’s...
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Gores Holdings X, Inc. (NASDAQ:GTENU) has filed for a $260 million SPAC to continue building the consistent track record of the Gores team. This is to be the team’s first outing with Santander as its underwriter after all 15 previous Gores SPACs were underwritten by Deutsche Bank. Of these, 14 made it to an IPO...
Ares Acquisition Corporation II (NYSE:AACT) has entered into a definitive agreement to combine with autonomous trucking firm Kodiak at a pro forma enterprise value of $2.67 billion. Mountain View, California-based Kodiak has developed driverless heavy truck technology for the industrial, logistics and defense sectors. Transaction Overview Ares II has an estimated $556 million in trust...