Corporate ActionJul 10, 2026, 05:02 PM
CCCT Completes $230M IPO, Including Over-Allotment
AI Summary
Columbus Circle Capital Corp III (CCCT) announced the completion of its initial public offering (IPO) on July 10, 2026, raising gross proceeds of $230,000,000. This included the full exercise of the underwriters' over-allotment option for 3,000,000 units, bringing the total units sold to 23,000,000 at $10.00 per unit. Simultaneously, the company completed a private placement of 665,000 units to its Sponsor and underwriters, generating an additional $6,650,000.
Key Highlights
- IPO completed on July 10, 2026, raising $230,000,000 gross proceeds.
- 23,000,000 units sold in IPO, including 3,000,000 from over-allotment option.
- Units priced at $10.00 each, consisting of one Class A ordinary share and one-third warrant.
- Private placement of 665,000 units completed, generating $6,650,000.
- Units began trading on Nasdaq Global Market under "CCCTU" on July 9, 2026.
- $230,000,000 from IPO and private placement deposited into trust account.
Price Impact
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