---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-043006"
form_type: "8-K"
ticker: "SZZL"
cik: "0002030663"
company_name: "Sizzle Acquisition Corp. II"
filed_at: "2026-04-13T23:59:59+00:00"
generated_at: "2026-05-15T06:38:03.718790+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Sizzle Acquisition Corp. II to merge with Trasteel in deal valuing combined entity at ~$1.3B

## Summary
- Trasteel pre-money equity value $800M; implied pro forma enterprise value ~$1.3B (assuming no redemptions).
- Existing Trasteel shareholders roll 100% of equity into Pubco; SPAC holders receive one Pubco share per SZZL share.
- Pubco expected to list on Nasdaq under 'TSTL'; closing targeted by end of 2026.
- Trasteel operates in 60+ countries with 13 factories, 4,000+ customers, and a hedged business model combining trading and industrial steel transformation.
- Transaction approved unanimously by both boards; subject to shareholder votes and customary closing conditions.

## SEC filing metadata
- accession: 0001213900-26-043006
- form_type: 8-K
- ticker: SZZL
- cik: 0002030663
- company_name: Sizzle Acquisition Corp. II
- filed_at: 2026-04-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2030663/000121390026043006/0001213900-26-043006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2030663/000121390026043006/ea0286046-8k425_sizzle2.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-043006
- JSON: https://secwatch.observer/filing/0001213900-26-043006.json
- Plain text: https://secwatch.observer/filing/0001213900-26-043006.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.