Sizzle Acquisition Corp Schedules August 7, 2023 Shareholder Meeting to Vote to Extend from August 8, 2023 to February 8, 2024 - SZZL SZZLW
" If the Extension Amendment Proposal is approved and the Board decides to implement the Extension, the Sponsor or its designees have agreed to contribute to us, on a monthly basis, loans (the “Loans”) equal to the lesser of (x) $60,000 in the aggregate or (y) $0.03 for each Public Share that is not redeemed (such amount, the “Monthly Amount”), which amounts will be paid, if the Business Combination is not consummated by August 8, 2023, for each calendar month (commencing on August 9, 2023 and ending on the 8th day of each subsequent month), or portion thereof, that is needed by the Company to complete the Business Combination until February 8, 2024."
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