Columbus Circle Capital Corp III Announces Pricing of $200,000,000 Initial Public Offering
Rhea-AI Summary
Columbus Circle Capital Corp III (NASDAQ: CCCTU) priced its $200 million IPO, offering 20,000,000 units at $10.00 each. Units begin trading on Nasdaq Global Market under “CCCTU” on July 9, 2026.
Each unit includes one Class A share and one-third of a warrant exercisable at $11.50. Underwriters have a 45-day option for 3,000,000 additional units.
Positive
- IPO of 20,000,000 units at $10.00, raising $200 million gross
- Additional underwriters’ option for up to 3,000,000 units to cover over-allotments
- Listing on Nasdaq Global Market under symbols CCCTU, later CCCT and CCCTW
Negative
- Issuance of 20,000,000 new units dilutes pre-IPO ownership
AI-generated analysis. How Rhea-AI works. Not financial advice.
New York, NY, July 08, 2026 (GLOBE NEWSWIRE) -- Columbus Circle Capital Corp III (NASDAQ: CCCTU) (the “Company”) today announced the pricing of its initial public offering of 20,000,000 units at a price of
The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an initial business combination target in any industry or geographical location. The Company’s management team is led by Gary Quin, its Chief Executive Officer and Chairman of the Board of Directors, and Joseph W. Pooler, Jr., its Chief Financial Officer. Garrett Curran, Alberto Alsina Gonzalez, Marc Spiegel and Matthew Murphy are independent directors.
Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, is acting as the lead book-running manager for the offering. Clear Street LLC is acting as joint book-runner. Ellenoff Grossman & Schole LLP and Ogier (Cayman) LLP are serving as legal counsel to the Company, and Loeb & Loeb LLP is serving as legal counsel to the underwriters.
A registration statement relating to the units and the underlying securities was declared effective by the Securities and Exchange Commission (“SEC”) on July 8, 2026. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Cohen & Company Capital Markets, 3 Columbus Circle, 24th Floor, New York, NY 10019, Attention: Prospectus Department, or by email at: capitalmarkets@cohencm.com. Copies of the registration statement can be accessed for free through the SEC's website at www.sec.gov.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering and the search for an initial business combination. No assurance can be given that such offering will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this press release, except as required by law.
Contact Information:
Columbus Circle Capital Corp III
Gary Quin, Chief Executive Officer
gquin@cohencm.com
