Radcliffe Capital Management L.P. Boosts Holdings in Sizzle Acquisition Corp. II $SZZL

Radcliffe Capital Management L.P. increased its position in Sizzle Acquisition Corp. II (NASDAQ:SZZL) by 14.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 489,484 shares of the company’s stock after purchasing an additional 62,039 shares during the period. Radcliffe Capital Management L.P. owned approximately 1.57% of Sizzle Acquisition Corp. II worth $4,973,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SZZL. Karpus Management Inc. purchased a new stake in shares of Sizzle Acquisition Corp. II during the second quarter valued at approximately $1,869,000. Shaolin Capital Management LLC purchased a new stake in Sizzle Acquisition Corp. II during the 2nd quarter valued at $5,528,000. Whitebox Advisors LLC bought a new stake in shares of Sizzle Acquisition Corp. II in the 2nd quarter worth $6,532,000. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new position in shares of Sizzle Acquisition Corp. II in the second quarter worth $17,588,000. Finally, LMR Partners LLP bought a new position in shares of Sizzle Acquisition Corp. II during the second quarter valued at $4,020,000.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Sizzle Acquisition Corp. II from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, June 1st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Sizzle Acquisition Corp. II Stock Performance

Shares of SZZL stock opened at $10.36 on Wednesday. Sizzle Acquisition Corp. II has a 12-month low of $9.21 and a 12-month high of $10.50. The firm’s 50 day moving average is $10.31 and its 200 day moving average is $10.26.

Sizzle Acquisition Corp. II (NASDAQ:SZZL) last announced its earnings results on Thursday, May 14th. The company reported $0.05 earnings per share for the quarter.

Sizzle Acquisition Corp. II Profile

Sizzle Acquisition Corp. does not have significant operations. The company intends to focus on entering into merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It focuses on investing in the restaurant, hospitality, food and beverage, retail, consumer, food and food related technology, and real estate industries. The company was incorporated in 2020 and is based in Washington, the District of Columbia.