MergerApr 13, 2026, 04:31 PM
Sizzle II Announces Merger with Trasteel Holding S.A.
AI Summary
Sizzle Acquisition Corp. II announced the execution of a Business Combination Agreement with Trasteel Holding S.A. and a newly formed Luxembourg corporation, Pubco. Under the agreement, Pubco will acquire Trasteel, making it a wholly-owned subsidiary, and Sizzle II will merge into a wholly-owned subsidiary of Pubco. Sizzle II securityholders will receive Pubco Ordinary Shares upon the consummation of the transactions.
Key Highlights
- Sizzle Acquisition Corp. II (Sizzle II) signed a Business Combination Agreement.
- The agreement is with Trasteel Holding S.A. (Trasteel) and a to-be-formed Luxembourg corporation (Pubco).
- Pubco will acquire Trasteel, making Trasteel a wholly-owned subsidiary.
- Sizzle II will merge into a wholly-owned subsidiary of Pubco.
- Sizzle II securityholders will receive Pubco Ordinary Shares.