Corporate ActionJul 8, 2026, 05:53 PM
Columbus Circle Capital III Prices IPO of 20M Units at $10 Each
AI Summary
Columbus Circle Capital Corp III announced the pricing of its initial public offering of 20,000,000 units at $10.00 per unit. The units are expected to begin trading on the Nasdaq Global Market under the symbol "CCCTU" on July 9, 2026. Each unit comprises one Class A ordinary share and one-third of one redeemable warrant, with whole warrants exercisable at $11.50 per share. The company, a blank check company, has granted underwriters an option for an additional 3,000,000 units.
Key Highlights
- Initial public offering priced at 20,000,000 units.
- Units priced at $10.00 per unit.
- Units expected to trade on Nasdaq under "CCCTU" from July 9, 2026.
- Each unit consists of one Class A ordinary share and one-third of one redeemable warrant.
- Warrants entitle the holder to purchase one Class A ordinary share at $11.50.
- Underwriters granted a 45-day option to purchase up to 3,000,000 additional units.
- Offering closing anticipated around July 10, 2026, subject to customary conditions.
- Company is a blank check company (SPAC) formed for business combinations.
Price Impact
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