Sizzle Acquisition Corp. (NASDAQ: SZZLU, the “Company” or “Sizzle”) announced today the closing of its upsized initial public offering of 15,500,000 units, including 2,000,000 units issued pursuant to the partial exercise by the underwriter of its over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $155,000,000. The units began trading on the Nasdaq Global Market, or Nasdaq, on November 4, 2021, under the ticker symbol “SZZLU.” Each unit consists of one share of common stock and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one share of common stock at a price of $11.50 per share. After the securities comprising the units begin separate trading, the common stock and the warrants are expected to be listed on Nasdaq under the symbol “SZZL” and “SZZLW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will be exercisable or trade.
Sizzle Acquisition Corp. Announces Closing of Upsized $155 Million Public Offering
Nov 08, 2021
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