Sizzle Acquisition Corp. II (SZZL) has amended its previously announced business combination agreement to extend the deadline for the completion of the transaction. The special purpose acquisition company (SPAC) entered into Amendment No. 1 to the Business Combination Agreement (BCA) with Trasteel Holding S.A., Trasteel S.A., and Trasteel Merger Sub Limited on September 29, 2026.
The primary amendment extends the date for the PCAOB Audit Delivery Date from July 31, 2026, to September 30, 2026. Additionally, the agreement was amended to restate Section 8.14(a), which outlines the composition of the board of directors for the post-merger public company (Pubco). The amended board will consist of five directors, with one director selected by Sizzle Acquisition Corp. II and four selected by Trasteel.
Sizzle Acquisition Corp. II also waived a compliance requirement regarding the five-day timing rule for the formation of Pubco and Merger Sub. The company stated that Pubco intends to file a registration statement on Form F-4 with the SEC, which will include a proxy statement and prospectus for the transaction. Shareholders of Sizzle Acquisition Corp. II will be mailed these materials once the registration statement is declared effective.
