other material
confidence high
sentiment neutral
materiality 0.75
SPAC Columbus Circle Capital Corp II closes $230M IPO; appoints Marc Spiegel to audit, compensation committees
Columbus Circle Capital Corp II
- IPO of 23,000,000 units at $10.00/unit, gross proceeds $230,000,000, including full exercise of over-allotment option.
- Private placement of 665,000 units at $10.00/unit to sponsor and underwriters, generating $6,650,000.
- Net proceeds of $230,000,000 placed in trust account held by Continental Stock Transfer & Trust.
- Board appoints Marc Spiegel to Audit and Compensation Committees; Adam Back resigns from Board, effective Feb 12, 2026.
- Audited balance sheet as of Feb 12, 2026 shows $231.85M total assets, $1.66M cash, and $230M in trust.