Urges Fellow Stockholders to Vote “AGAINST” the Acquisition of CFO Silvia and “AGAINST” or “ABSTAIN” from the Election of the Company’s Nominee Calls on the Board to Focus on Maintaining Current Stockholder Value and Improving Corporate Governance SUNNY ISLES BEACH, Fla., March 12, 2026 (GLOBE NEWSWIRE) -- ATG Capital Management LP (together with certain of its affiliates, “ATG Capital” or “we”), a stockholder of ProCap Financial, Inc. (NASDAQ: BRR) (“BRR” or the “Company”), today issued an open letter to ...

Core Viewpoint - ProCap Financial, Inc. has repurchased 196,043 shares of its common stock, indicating a strategic move to capitalize on perceived market irrationality [1] Company Actions - The company is actively repurchasing shares at a significant discount to net asset value (NAV) [1] - Anthony Pompliano, Chairman and CEO, expressed confidence in the decision to buy back shares, suggesting that the current market conditions present a favorable opportunity [1]

Core Viewpoint - ProCap Financial, Inc. has successfully repurchased shares at a significant discount to its Net Asset Value, indicating a strategic move to enhance shareholder value [1] Company Actions - ProCap Financial repurchased 159,904 shares of its common stock in the open market [1] - The repurchases were executed at an approximate 25% discount to Net Asset Value (NAV) [1] - The company's strategy of aggressive share repurchase is aimed at closing the gap between market price and NAV [1]

ProCap Financial $BRR as of early this morning:- Bitcoin Holdings: 5,007 BTC- Cash Position: $72 million- Outstanding Convertible Notes: $100 million- Outstanding Shares: 83,422,775- mNAV per share: $3.92- Discount to NAV: 0.6x ...

Core Viewpoint - ProCap Financial aims to leverage artificial intelligence to create financial opportunities for independent investors while addressing the potential economic threats posed by AI technology [2][3][6]. Company Overview - ProCap Financial is positioned as the first publicly traded agentic finance firm, focusing on automation and AI agents rather than human labor [8]. - The company was founded in 2025 and has raised over $750 million from leading investors, trading on Nasdaq under the symbol BRR [12]. Acquisition Details - ProCap Financial has entered into a definitive merger agreement to acquire CFO Silvia, Inc., an AI agent lab focused on finance, to enhance its offerings [4][6]. - The acquisition is structured as an all-stock transaction, with significant equity milestones tied to the company's stock performance [9]. Financial Metrics - ProCap Financial currently holds over $30 billion in assets on its platform, with an average user net worth exceeding $2.5 million [7]. - The company has 5,007 Bitcoin on its balance sheet, which is part of its long-term capital allocation strategy [8]. User Engagement - 94% of users interact with Silvia's AI features, indicating strong engagement with the platform [7]. - Users can connect various assets, including stocks, bonds, and cryptocurrencies, to Silvia's platform for personalized financial insights [13]. Leadership and Future Plans - Following the acquisition, Shain Noor, co-founder of Silvia, will become the Chief Technology Officer of ProCap Financial, overseeing technology products [10]. - The company plans to release its fiscal year 2025 earnings on February 18, 2026, after market close [11].

Core Viewpoint - ProCap Financial's Chairman and CEO, Anthony Pompliano, has personally invested over $1 million in the company's common stock, signaling strong confidence in the firm's future prospects [1] Company Summary - ProCap Financial is a modern financial services firm that leverages Bitcoin [1] - The investment by the CEO occurred on December 17, 2025, indicating a strategic move to align personal investment with company growth [1] - Pompliano emphasizes the importance of self-investment, reflecting a belief in the company's potential [1]

Group 1 - ProCap Financial has increased its total bitcoin holdings to 5,000 bitcoin, establishing itself as one of the largest holders in public markets [1] - The company maintains a strong balance sheet with over $175 million in cash to support its strategy and operations [1] - The recent bitcoin purchase allowed ProCap Financial to capitalize on a realized loss, which can be used to offset future gains, providing strategic flexibility [2] Group 2 - The CEO of ProCap Financial, Anthony Pompliano, emphasized the combination of traditional capital allocation rigor with bitcoin investment expertise [2] - The company aims to maximize long-term bitcoin accumulation and build lasting shareholder value through professional capital allocation expertise [2] - ProCap Financial was founded in 2025 and has raised over $750 million from leading investors, trading on Nasdaq under the symbol BRR [3]

Core Viewpoint - ProCap Financial, formed from the merger of ProCap BTC and Columbus Circle Capital Corp I, will begin trading on the Nasdaq Global Market under the symbol "BRR" starting December 8, 2025, marking a significant step in the company's growth and public presence [1]. Group 1: Company Overview - ProCap Financial is a modern financial services firm aimed at independent investors who have been overlooked by traditional Wall Street firms, founded in 2025 and has raised over $750 million from leading investors [4]. - Columbus Circle Capital Corp I is a blank check company incorporated in the Cayman Islands, designed to facilitate mergers and similar business combinations, led by experienced investment banking professionals [5]. Group 2: Transaction Details - The business combination between ProCap BTC and Columbus Circle Capital Corp I has been officially closed, leading to the establishment of ProCap Financial [1]. - The transaction involved a Preferred Equity Investment and a Convertible Note Offering, with Cohen & Company serving as the exclusive financial advisor to ProCap BTC [2][7]. Group 3: Legal and Regulatory Information - ProCap Financial has filed a Registration Statement with the SEC, which became effective on November 8, 2025, detailing the business combination and related transactions [6]. - Legal advisors for the involved parties include Reed Smith LLP for ProCap BTC and Ellenoff Grossman & Schole LLP for CCCM, ensuring compliance with regulatory requirements [3].

Core Points - ProCap Financial, Inc. has announced a "moonshot" compensation structure for its CEO and Board of Directors to align their interests with long-term shareholder value [1][2][3] - This structure is believed to be the first of its kind in public capital markets history, linking compensation to performance milestones following a de-SPAC transaction [2][5] - The business combination between ProCap BTC and Columbus Circle Capital Corp I has been approved by shareholders, with the transaction expected to close around December 5, 2025 [3][7] Compensation Structure - CEO Anthony Pompliano will receive a $1 annual salary, with 100% of his equity compensation tied to achieving significant performance milestones [5][6] - Equity compensation for Pompliano vests only when the company's stock price reaches $15 per share, with further vesting in increments of $2.50 until it hits $50 per share [6] - Board members will also receive 100% of their equity compensation in a performance-based structure, starting at $12.50 per share and vesting until $20 per share [6] Business Combination Details - ProCap BTC has raised over $750 million from investors in traditional finance and the Bitcoin industry, aiming to improve the financial lives of 1 billion people [7] - The business combination is part of a broader strategy to create a modern financial services firm leveraging Bitcoin [7][8] - Following the completion of the transaction, ProCap Financial will trade on the Nasdaq Global Market under the symbol "BRR" [3][7]

Core Points - Columbus Circle Capital Corp I ("BRR") and ProCap BTC, LLC have announced the approval of their business combination by BRR's shareholders [1] - The business combination is expected to close on or about December 5, 2025, with the new public company to be named ProCap Financial, Inc. [2] - ProCap BTC has raised over $750 million from investors and aims to improve the financial lives of 1 billion people through its services [5] Company Overview - Columbus Circle Capital Corp I is a blank check company formed for mergers and acquisitions, led by experienced investment bankers [4] - ProCap BTC is a financial services firm leveraging bitcoin, focusing on innovative financial products [5] Transaction Details - A Current Report on Form 8-K will be filed to disclose the full voting results related to the business combination [3] - The new company's common stock is expected to trade on the Nasdaq Global Market under the symbol "BRR" after the transaction closes [2]