Lineage Point Capital LP bought a new stake in Sizzle Acquisition Corp. (NASDAQ:SZZLU – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 300,000 shares of the company’s stock, valued at approximately $3,123,000.
Separately, JPMorgan Chase & Co. purchased a new position in Sizzle Acquisition during the 2nd quarter worth approximately $2,540,000.
Sizzle Acquisition Stock Performance
Shares of NASDAQ SZZLU opened at $10.54 on Friday. Sizzle Acquisition Corp. has a 12 month low of $9.80 and a 12 month high of $11.33. The company has a 50 day simple moving average of $10.51 and a two-hundred day simple moving average of $10.49.
About Sizzle Acquisition
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.
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