Sizzle Acquisition Corp. II closes $230M IPO and $6M private placement on April 3

Sizzle Acquisition Corp. II

IPO of 23,000,000 units at $10.00 each, including full exercise of 3M-unit over-allotment, gross proceeds $230M.
Private placement of 600,000 units to sponsor VO Sponsor II (400k) and Cantor Fitzgerald (200k) at $10 each, $6M gross.
Net IPO and private placement proceeds totaling $230M deposited into trust account with Continental Stock Transfer.
Audited balance sheet shows total assets $232M, trust $230M, and shareholders' deficit of $9.69M.
Company has 24 months from IPO to complete a business combination; sponsor indemnifies trust up to $10.00 per share.

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