SCHEDULE 13G: Tenor Capital Entities and Robin Shah Disclose 8.5% Stake in Sizzle Acquisition Corp. II
Beneficial Ownership Report
Tenor Capital Management Company, L.P., Tenor Opportunity Master Fund, Ltd., and Robin Shah have jointly disclosed a shared beneficial ownership of 8.5% in Sizzle Acquisition Corp. II's Class A ordinary shares.
Summary
- Tenor Capital Management Company, L.P., Tenor Opportunity Master Fund, Ltd., and Robin Shah have filed a Schedule 13G, reporting their beneficial ownership in Sizzle Acquisition Corp. II.
- The reporting persons collectively hold 1,750,000 Class A ordinary shares, which represents 8.5% of the outstanding class.
- The shares are held in the form of Units, where each Unit consists of one Class A ordinary share and one-tenth (1/10) of a Class A ordinary share upon the consummation of an initial business combination.
- Tenor Opportunity Master Fund, Ltd. directly holds these Units, with Tenor Capital Management Company, L.P. serving as its investment manager.
- Robin Shah is the managing member of Tenor Management GP, LLC, the general partner of Tenor Capital Management Company, L.P.
- The beneficial ownership percentage is calculated based on 20,600,000 Units issued and outstanding, as stated in Sizzle Acquisition Corp. II's Prospectus filed on April 2, 2025.
- The reporting persons disclaim beneficial ownership of the shares except to the extent of their pecuniary interest therein.
Sentiment
Score: 5
Explanation: The document is a factual regulatory disclosure of beneficial ownership and does not contain information that inherently indicates positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
The document notes that each Unit consists of one Class A ordinary share and one tenth (1/10) of a Class A ordinary share upon the consummation of an initial business combination, as described in the Issuer's Prospectus.
Industry Context
This filing is a standard disclosure of significant institutional ownership in a Special Purpose Acquisition Company (SPAC). Such disclosures are common as institutional investors often take positions in SPACs, which are formed to raise capital via an initial public offering (IPO) for the purpose of acquiring an existing company.
Stakeholder Impact
- Shareholders and potential investors are informed of significant institutional ownership in Sizzle Acquisition Corp. II, providing transparency regarding the company's ownership structure.
Key Dates
| Date | Description |
|---|---|
| 04/02/2025 | Date of event which requires filing of this statement, corresponding to the filing of the Issuer's Prospectus indicating 20,600,000 Units issued and outstanding. |
| 04/09/2025 | Date of filing the Schedule 13G and signatures by the reporting persons. |
Keywords
Sizzle Acquisition Corp. II, Tenor Capital Management Company, Tenor Opportunity Master Fund, Robin Shah, Schedule 13G, beneficial ownership, Class A ordinary shares, SPAC, institutional ownership
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