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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): August 7, 2023

 

SIZZLE ACQUISITION CORP.

(Exact name of registrant as specified in its charter)

  

Delaware   001-41005   85-3418600
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

4201 Georgia Avenue, NW

 WashingtonDC

  20011
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (202846-0300

 

Not Applicable
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class   Trading Symbol(s)   Name of Each Exchange on Which
Registered
Units, each consisting of one share of common stock and one-half of one redeemable warrant   SZZLU   The Nasdaq Stock Market LLC
Common stock, par value $0.0001 per share   SZZL   The Nasdaq Stock Market LLC
Redeemable Warrants, each whole warrant exercisable for one share of common stock at an exercise price of $11.50 per share   SZZLW   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

 

 

 

 

 

 

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

 

On August 7, 2023, Sizzle Acquisition Corp., a Delaware corporation (the “Company”), held a special meeting of stockholders (the “Meeting”). At the Meeting, the Company’s stockholders approved an amendment to the Company’s Amended and Restated Certificate of Incorporation (the “Charter Amendment”) to extend the date by which the Company must consummate its initial business combination from August 8, 2023 to February 8, 2024 (or such earlier date as determined by the board of directors of the Company (the “Board”)). The Company filed the Charter Amendment with the Secretary of State of the State of Delaware on August 7, 2023.

 

The foregoing description is qualified in its entirety by reference to the Charter Amendment, a copy of which is attached as Exhibit 3.1 hereto and is incorporated by reference herein.

 

Item 5.07. Submission of Matters to a Vote of Security Holders.

 

At the Meeting, an aggregate of at least 5,346,949 shares of the Company’s common stock, which represents a quorum of the outstanding common stock entitled to vote as of the record date of July 7, 2023, were represented in person or by proxy at the Meeting.

 

At the Meeting, the Company’s stockholders voted on the following proposals, which were approved:

 

The Extension Amendment Proposal — a proposal to amend the Company’s amended and restated certificate of incorporation to extend the date by which the Company must (i) consummate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, (ii) cease all operations except for the purpose of winding up, or (iii) redeem or repurchase 100% of the Company’s common stock included as part of the units sold in the Company’s initial public offering that was consummated on November 8, 2021, from August 8, 2023 to February 8, 2024 (or such earlier date as determined by the Board). The following is a tabulation of the votes with respect to this proposal, which was approved by the Company’s stockholders:

 

For   Against   Abstain   Broker Non-Votes 
 9,690,936    102    55    0 

 

The Director Election Proposal — a proposal to re-elect each of David Perlin and Carolyn Trabuco as Class I directors of the Board until the annual meeting of the Company to be held in 2026 or until their successors are appointed and qualified. The following is a tabulation of the votes with respect to the election of directors, each of whom was elected by the Company’s stockholders:

 

Name  For   Withheld   Broker
Non-Votes
 
David Perlin   9,139,951    551,142    0 
Carolyn Trabuco   9,139,951    551,142    0 

 

In connection with the Meeting, stockholders holding 1,337,244 shares of common stock of the Company that were issued in the Company’s initial public offering (the “Public Shares”) exercised their right to redeem their shares for a pro rata portion of the funds in the trust account. As a result, approximately $14.5 million (approximately $10.85 per Public Share) will be removed from the trust account to pay such holders and approximately $33.5 million will remain in the trust account. Following redemptions, the Company will have 3,086,053 Public Shares outstanding.

 

Item 9.01 Financial Statements and Exhibits.

 

(d)Exhibits

 

Exhibit No.   Description
3.1   Amendment to Amended and Restated Certificate of Incorporation
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  SIZZLE ACQUISITION CORP.
   
  By: /s/ Steve Salis
    Name:  Steve Salis
    Title: Chief Executive Officer

 

Dated: August 10, 2023

 

 

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