Quarterly ResultMay 14, 2026, 05:32 PM
CMII Q1 Net Income $853,252; Trust Account $231.05M
AI Summary
Columbus Circle Capital Corp II (CMII) reported a net income of $853,252 for the three months ended March 31, 2026, with basic and diluted net income per share of $0.04. The blank check company consummated its Initial Public Offering on February 12, 2026, raising $230,000,000, which, along with private placement proceeds, resulted in $231,052,687 held in its Trust Account. The company's operations are focused on identifying a business combination, with non-operating income primarily from interest on Trust Account investments.
Key Highlights
- Net income for the three months ended March 31, 2026, was $853,252.
- Basic and diluted EPS for Class A and Class B shares was $0.04.
- Cash and investments held in Trust Account totaled $231,052,687 as of March 31, 2026.
- Total Assets stood at $232,571,436 as of March 31, 2026.
- Total Liabilities were $103,690 as of March 31, 2026.
- Interest earned on Trust Account investments was $1,052,687.
- Initial Public Offering on February 12, 2026, generated gross proceeds of $230,000,000.
- Private Placement Units generated $6,650,000 in aggregate.