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Cohen Circle Acquisition Corp. II Announces Pricing of $220,000,000 Initial Public Offering
Globenewswireยท2025-06-30 21:05

Company Overview - Cohen Circle Acquisition Corp. II is a blank check company formed to effect mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses [2] - The primary focus of the company is to identify opportunities in the financial services technology (fintech) sector and adjacent sectors that drive transformation and innovation [2] - The management team includes Betsy Z. Cohen as CEO, Daniel G. Cohen as Chairman, and Amanda J. Abrams as Vice-Chairman [2] Initial Public Offering (IPO) Details - The company announced the pricing of its IPO, offering 22,000,000 units at a price of $10.00 per unit, with trading set to begin on July 1, 2025 [1] - Each unit consists of one Class A ordinary share and one-fourth of a redeemable warrant, with the whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 [1] - The offering is expected to close on or about July 2, 2025, subject to customary closing conditions [1] Underwriting and Registration - Clear Street is serving as the sole book-running manager for the offering, with an option for the underwriter to purchase an additional 3,300,000 units to cover over-allotments [3] - A registration statement for the units and underlying securities was declared effective by the Securities and Exchange Commission on June 30, 2025 [4]