• Sizzle Acquisition Corp. II entered a business combination agreement on April 13, 2026, with Trasteel Holding.
• Deal envisions formation of a Luxembourg-listed holding company that will acquire 100% of Trasteel via a share exchange.
• Consideration for Trasteel shareholders set at USD 800 million in Pubco ordinary shares valued at USD 10 each.
• Transaction structure also includes a merger in which a newly formed merger subsidiary combines with Sizzle II, leaving Sizzle II as a wholly owned subsidiary of Pubco.
• Sizzle II Class A shares, converted rights, and converted Class B shares will be canceled for one Pubco ordinary share per share at closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) 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. II published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-045154), on April 17, 2026, and is solely responsible for the information contained therein.