CCCM SPAC merges with ProCap BTC in $516.5M bitcoin-focused deal; Pompliano to lead

Columbus Circle Capital Corp. I

CCCM (SPAC) enters definitive business combination with ProCap BTC; Pubco to be publicly traded.
Preferred equity investment of $516.5M (51.65M units at $10/unit) to purchase Bitcoin.
Anthony Pompliano to become Chairman and CEO of Pubco; board to have 7 members.
Seller receives 10M shares + 15% of Adjustment Shares; Preferred Holders get 1.25x units + 85% of Adjustment.
Closing subject to S-4 effectiveness, Nasdaq listing, regulatory approvals, and convertible note funding.

item 1.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.