Globenewswire·2026-02-12 22:00Core Viewpoint - Columbus Circle Capital Corp. II successfully closed its initial public offering (IPO) of 23,000,000 units, generating gross proceeds of $230,000,000 at a price of $10.00 per unit [1][6]. Company Overview - Columbus Circle Capital Corp. II is a blank check company aimed at executing mergers, amalgamations, share exchanges, asset acquisitions, or similar business combinations across various industries and geographical locations [7]. - The management team includes Gary Quin as Chief Executive Officer and Chairman, and Joseph W. Pooler, Jr. as Chief Financial Officer, along with a board of independent directors [7]. IPO Details - The IPO units began trading on the Nasdaq Global Market under the ticker symbol "CMIIU" on February 11, 2026 [2]. - Each unit consists of one Class A ordinary share and one-third of a redeemable warrant, with each whole warrant allowing the purchase of one Class A ordinary share at $11.50 per share [2]. Financial Management - The entire proceeds from the IPO, amounting to $230,000,000, have been placed in a trust account for the benefit of public shareholders [6]. - An audited balance sheet reflecting the receipt of these proceeds will be included in a Current Report on Form 8-K to be filed with the SEC [6]. Underwriters and Legal Counsel - Cohen & Company Capital Markets acted as the lead book-running manager for the offering, with Clear Street LLC as the joint book-runner [3]. - Legal counsel for the Company included Ellenoff Grossman & Schole LLP and Ogier (Cayman) LLP, while Loeb & Loeb LLP served as legal counsel to the underwriters [3]. About Cohen & Company Inc. - Cohen & Company is a financial services firm specializing in capital markets and asset management services, with segments including Capital Markets, Asset Management, and Principal Investing [8][9]. - As of December 31, 2025, Cohen & Company managed approximately $1.4 billion in assets, primarily in fixed income assets across various classes [9].