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Sizzle Acquisition Corp   (SZZLU)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $20.8800 $11.48 122.128%
Day's High: $20.88 Week Perf: 153.71 %
Day's Low: $ 8.60 30 Day Perf: 92.44 %
Volume (M): 2 52 Wk High: $ 20.88
Volume (M$): $ 31 52 Wk Avg: $10.66
Open: $8.60 52 Wk Low: $7.43



 Market Capitalization (Millions $) 76
 Shares Outstanding (Millions) 4
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0

Sizzle Acquisition Corp
Sizzle Acquisition Corp is a special purpose acquisition company (SPAC) that was formed for the purpose of acquiring one or more businesses or assets. SPACs are publicly traded entities with no actual operating business, but they raise funds through an initial public offering (IPO) to acquire existing companies. Sizzle Acquisition Corp may target a specific industry or have a broad focus, and its management team typically has expertise in identifying and completing acquisitions. Once an acquisition is made, the acquired company becomes publicly listed through the existing SPAC structure. The goal of Sizzle Acquisition Corp is to provide investors with opportunities for capital appreciation through its acquisition strategy.


   Company Address: 4201 Georgia Avenue NW Washington 20011 DC
   Company Phone Number: 846-0300   Stock Exchange / Ticker: NASDAQ SZZLU
   


   

Stock Performances by Major Competitors

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Sizzle Acquisition Corp

Sizzle Acquisition Corp Astonishes Shareholders with Impressive Growth and Reduced Losses in Q3 2023

Sizzle Acquisition Corp, a smaller player in the Blank Checks industry, has recently reported its financial numbers for the third quarter of 2023, showcasing a notable improvement in its operations compared to the same period in 2022. The company's operating loss has decreased from $-0.649658 million in Q3 2022 to $-0.619405 million in Q3 2023, indicating a more cost-effective approach in its operations.
In an effort to ensure a steady stream of revenue sources, the Chief Financial Officer of Sizzle Acquisition Corp is actively searching for different business models. This strategic move aims to address the shortfalls experienced by the company over the past year, which have widened from $-0.064 million in Q3 2022 to $-0.117 million in Q3 2023.

Sizzle Acquisition Corp

Working Costs Surge at Sizzle Acquisition Corp, Raising Concerns Among Shareholders

Based on recent financial reports, investors have not made any adjustments to the business during the earnings cycle of fiscal April to June 30, 2023. However, shareholders are concerned about SZZLUsn operating loss, which amounted to $-0.53904 million during the same period. This operating loss represents a deterioration compared to the second quarter of 2022, when it was $-0.395276 million.
One of the main points of speculation among market participants is when the Blank Checks companyns may begin reporting revenue. As the company is still in the process of growing its business strategy, it has managed to reduce the diminishing returns in the most recent fiscal period to $-0.081 million from $-0.158 million in the second quarter of 2022.

Sizzle Acquisition Corp

Sizzle Acquisition Corp Struggles to Generate Revenue, Tax Benefit of $0.19 Million Boosts Earnings

Financial report: Blank Checks company struggles to generate revenue in Q1 2023
Stockholders at the Blank Checks company have not seen any major changes to the revenue generated during the January to March 31 reporting season. However, investors have noted a concerning trend in the operating shortfall of SZZLUs, the company's business model. During the same period, the operating shortfall was recorded at $-0.64566 million, a significant drop from the positive $0.001446 million in the first quarter of 2021.
This trend has left investors wondering when the Blank Checks company will start generating a top-line. Although SZZLU appears to be on track to develop a business model, the company's executives have not managed to generate significant revenue to sustain the business over time.






 




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