other material
confidence high
sentiment negative
materiality 0.70
Sizzle Acquisition Corp.: auditor change — Sizzle Acquisition Corp. withdraws reliance on Q3 2022 financials due to omitted advisor contract disclosures
Sizzle Acquisition Corp.
- Company failed to disclose several material contracts with advisors related to anticipated business combination.
- Financial statements for September 30, 2022 in Form 10-Q are no longer reliable.
- No expected impact on cash position or balance held in trust account.
- Audit committee concluded and discussed findings with independent registered public accounting firm.