Core Viewpoint - ProCap BTC LLC and Columbus Circle Capital Corp I are moving forward with a proposed business combination, with a draft registration statement submitted to the SEC [1][2]. Group 1: Company Overview - ProCap BTC is a bitcoin-native financial services firm founded by Anthony Pompliano, who has invested in over 300 private companies and is a prominent figure in the bitcoin space [3]. - ProCap Financial, the entity resulting from the proposed business combination, aims to develop profit-generating products and services tailored for large financial institutions and institutional investors [3]. - Columbus Circle Capital Corp I is a special-purpose acquisition company (SPAC) formed to facilitate mergers and similar business combinations, led by experienced investment banking professionals [4]. Group 2: Proposed Transactions - The draft registration statement pertains to the business combination announced on June 23, 2025, which requires shareholder approval from CCCM [2]. - The proposed transactions include a private placement of non-voting preferred units and commitments for convertible notes, aimed at raising capital for ProCap Financial [5][8]. - The definitive proxy statement and other relevant documents will be provided to CCCM shareholders for voting on the proposed transactions [6].