Sizzle Acquisition Corp. Announces the Separate Trading of its Common Stock and Warrants
27 Janeiro 2022 - 10:24PM
Sizzle Acquisition Corp. (NASDAQ: SIZZLU, the “Company” or
“Sizzle”) announced today that, commencing February 1, 2022,
holders of the 15,500,000 units sold in the Company’s initial
public offering may elect to separately trade the Company’s common
stock and warrants included in the units. Common stock and warrants
that are separated will trade on the Nasdaq Stock Market LLC under
the symbols “SZZL” and “SZZLW,” respectively. No fractional
warrants will be issued upon separation of the units and only whole
warrants will trade. Those units not separated will continue to
trade on the Nasdaq Stock Market LLC under the symbol “SZZLU.”
Holders of units will need to have their brokers contact
Continental Stock Transfer & Trust Company, the Company's
transfer agent, in order to separate the units into common stock
and warrants.
The Company is a blank check company formed for the purpose of
entering into a merger, share exchange, asset acquisition, stock
purchase, recapitalization, reorganization or other similar
business combination with one or more businesses or entities.
Sizzle’s prospective target business will not be limited to a
particular industry or geographic region, although the Company
intends to initially focus on target businesses in the restaurant,
hospitality, food and beverage, retail, consumer, food and food
related technology and real estate industries.
The units were initially offered by the Company in an
underwritten offering. Cantor Fitzgerald & Co. acted as the
sole book running manager for the offering. A registration
statement relating to these securities has been filed with, and
declared effective by, the Securities and Exchange Commission
(“SEC”) on November 3, 2021. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy,
nor shall there be any sale of these securities in any state or
jurisdiction in which such an offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
Cautionary Note Concerning Forward-Looking
Statements
This press release contains statements that constitute
“forward-looking statements.” Forward-looking statements are
subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the Risk
Factors section of the Company’s registration statement and
prospectus for the offering filed with the SEC. Copies are
available on the SEC’s website, www.sec.gov. The Company undertakes
no obligation to update these statements for revisions or changes
after the date of this release, except as required by law.
Press Contacts:
Bullfrog + Baum
Jennifer Baum / Breck Rochow
pr@sizzlespac.com
Sizzle Acquisition (NASDAQ:SZZLU)
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