Columbus Circle Capital I, a blank check backed by Cohen & Company, raised $220 million by offering 22 million units at $10. The company offered 2 million more units than anticipated. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50.
Columbus Circle Capital I is led by CEO and Chairman Gary Quin, who currently serves as Vice Chairman of Cohen & Company Capital Markets. The SPAC plans to target attractive and undervalued opportunities in private and public markets across the EMEA and LatAm regions, focusing on AI and digital infrastructure, sports, media and entertainment, healthcare, energy transition, mining industries, and cryptocurrency.
Columbus Circle Capital I plans to list on the Nasdaq under the symbol CCCMU. Cohen & Company Securities and Clear Street acted as joint bookrunners on the deal.
