CCCM shareholders approve ProCap BTC merger; CEO takes moonshot pay structure

Columbus Circle Capital Corp. I

SPAC shareholders approved merger with ProCap BTC; closing expected Dec 5; Pubco to trade as BRR on Nasdaq.
CEO Anthony Pompliano to receive $1 annual salary; equity vests at $15/share, tiered to $50/share.
Board of directors takes 100% performance-based equity: vesting starts at $12.50, increments to $20/share.
Sponsor and seller place all founding equity in earnout: vests at $10.21/share or Bitcoin VWAP of $140,000 within 2 years.
Director Garrett Curran resigned from board; departure not due to any disagreement with the company.

item 1.01 item 5.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Columbus Circle Capital Corp. I entered into Seller Earnout Agreement with Seller (effective 2025-12-03).

Action: entry
Counterparty: Seller
Effective: 2025-12-03

Exact text from the filing

1 Seller Earnout Agreement Effective December 3, 2025, Pubco and Seller entered into an agreement (the “Seller Earnout Agreement”), providing that 9,500,000 shares of Pubco Common Stock (such shares subject to earnout, the

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Columbus Circle Capital Corp. I entered into Sponsor Earnout Agreement with Columbus Circle I Sponsor Corp LLC (effective 2025-12-03).

Action: entry
Counterparty: Columbus Circle I Sponsor Corp LLC
Effective: 2025-12-03

Exact text from the filing

Effective December 3, 2025, Pubco and Columbus Circle I Sponsor Corp LLC, a Delaware limited liability company (the “Sponsor”) entered into an agreement (the “Sponsor Earnout Agreement”),

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Source: SEC EDGAR

accession 0001213900-25-118495

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