Sizzle Acquisition Corp. (SZZLU) Prices Upsized $135M IPO


Sizzle Acquisition Corp. (SZZLU) Prices Upsized $135M IPO

Sizzle Acquisition Corp. announced the pricing of its upsized $135 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SZZLU” Thursday, November 3.

The new SPAC intends to focus its search on the restaurant, hospitality, food and beverage, retail, consumer, food and food related technology and real estate industries such as “proptech”, including sectors that service or are connected to these industries in the United States and other developed countries.  Sizzle is led by Chairman of the Board of Directors and Chief Executive Officer Steve Salis, Non-Executive Vice-Chairman of the Board of Directors Jamie Karson, Head of Business Development Daniel Lee, and Chief Financial Officer Nestor Nova.

Total SPAC deal count for 2021 year-to-date is now 517. This offering is expected to close on Monday, November 8.

Cantor Fitzgerald & Co (“Cantor”) is acting as the sole book-running manager for the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with Graubard Miller serving as Underwriter’s Counsel.  Marcum, LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.