Sizzle Acquisition Corp II

0.1650

-0.0150-8.33%

Volume:102.15K

Turnover:16.87K

Market Cap:- -

PE:- -

High:0.2000

Open:0.1601

Low:0.1600

Close:0.1800

52wk High:0.2900

52wk Low:0.1351

Shares:- -

Float Shares:- -

Volume Ratio:6.48

T/O Rate:- -

Dividend:- -

Dividend Rate:- -

ROE:--

ROA:--

PB:--

PE(LYR):- -

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News

Sizzle Acquisition Q1 FY26 net income swings to $1.6 million

Reuters

·

May 14

Sizzle Acquisition Corp. II agrees to merge with steel trader Trasteel at $800 million value

Reuters

·

Apr 14

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II posted net income of $1.6 million for the three months ended March 31, 2026, swinging from a net loss of $42,127 a year earlier.Interest income from cash and marketable securities in the trust account totaled $2.04 million, while general and administrative costs were $435,530.Cash in the operating account was $653,383 at March 31, 2026, while working capital stood at $380,420.Marketable securities held in the trust account were $239.05 million, including $9.05 million of cumulative interest available to pay taxes, if any.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sizzle Acquisition Corp. 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II agrees to merge with steel trader Trasteel at $800 million value","url":"https://stock-news.laohu8.com/highlight/detail?id=2627465510","media":"Reuters","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2627465510?lang=en_us&edition=fundamental","pubTime":"2026-04-14 04:29","pubTimestamp":1776112153,"startTime":"0","endTime":"0","summary":"Trasteel Holding reached definitive agreement to combine with Sizzle Acquisition Corp. II, creating a new steel trading and industrial holding company slated to list on Nasdaq under symbol TSTL.Deal values Trasteel at pre-money equity value of USD 800 million.Implied pro forma enterprise value expected at about USD 1.3 billion, assuming no shareholder redemptions.Trasteel shareholders will roll 100% of their equity into new holding company.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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