other_material
confidence high
sentiment neutral
materiality 0.70
Cohen Circle Acquisition Corp. II completes $253M IPO and $7.2M private placement
Cohen Circle Acquisition Corp. II
- Gross proceeds of $253M from 25.3M units at $10.00 each, including full over-allotment exercise.
- Private placement raised $7.2M from 720,000 units at $10.00 each to sponsor and underwriter.
- $253M deposited into trust account; business combination required within 24 months (27 if definitive agreement).
- Deferred underwriting fee of $10.78M payable only upon completion of business combination.
- Audited balance sheet as of July 2, 2025: total assets $255.3M, shareholders' deficit $8.6M.
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