Sizzle (NASDAQ:SZZL) announced that will be postponing its upcoming extension vote from December 19 to a date yet to be determined in February.
This is likely to come in the first week of the month as the SPAC has its existing transaction deadline set for February 8. Sizzle originally IPO’d in November 2021 with 15 months to complete a deal and now has a definitive agreement in hand with Austrian lithium miner Critical Metals.
Once Sizzle has determined a new date for the future meeting, it will be set by proxy and announced by press release with a new record date being put into effect.
Sizzle announced its combination with Critical Metals on October 25. Critical Metals is developing a greenfield lithium mine in Austria with pre-negotiated offtake agreements with European EV manufacturers.
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