Cohen Circle Acquisition Corp. II Completes $253 Million Initial Public Offering
Cohen Circle Acquisition Corp. II (NASDAQ:CCIIU) has successfully completed its initial public offering, raising $253 million in gross proceeds through the sale of 25.3 million units at $10.00 per unit. Each unit comprises one Class A ordinary share and one-fourth of one redeemable warrant, with whole warrants exercisable at $11.50 per share.
The company is a blank check company primarily targeting acquisitions in the fintech sector and fintech-adjacent industries. The management team includes CEO Betsy Z. Cohen, Board Chairman Daniel G. Cohen, and Vice-Chairman Amanda J. Abrams. Clear Street LLC served as the sole book-running manager for the offering.
The entire IPO proceeds of $253 million have been placed in a trust account for the benefit of public shareholders. Trading began on Nasdaq under "CCIIU" on July 1, 2025, with Class A shares and warrants to later trade separately under "CCII" and "CCIIW" respectively.
Cohen Circle Acquisition Corp. II (NASDAQ:CCIIU) ha completato con successo la sua offerta pubblica iniziale, raccogliendo 253 milioni di dollari di proventi lordi attraverso la vendita di 25,3 milioni di unità a 10,00 dollari per unità. Ogni unità comprende un'azione ordinaria di Classe A e un quarto di un warrant rimborsabile, con i warrant interi esercitabili a 11,50 dollari per azione.
La società è una blank check company che mira principalmente ad acquisizioni nel settore fintech e industrie adiacenti al fintech. Il team di gestione include il CEO Betsy Z. Cohen, il Presidente del Consiglio Daniel G. Cohen e la Vicepresidente Amanda J. Abrams. Clear Street LLC ha agito come unico book-running manager per l’offerta.
L’intero importo raccolto di 253 milioni di dollari è stato depositato in un conto fiduciario a beneficio degli azionisti pubblici. Le negoziazioni sono iniziate su Nasdaq con il simbolo "CCIIU" il 1° luglio 2025, con le azioni di Classe A e i warrant che successivamente saranno negoziati separatamente con i simboli "CCII" e "CCIIW" rispettivamente.
Cohen Circle Acquisition Corp. II (NASDAQ:CCIIU) ha completado con éxito su oferta pública inicial, recaudando 253 millones de dólares en ingresos brutos mediante la venta de 25,3 millones de unidades a 10,00 dólares por unidad. Cada unidad consta de una acción ordinaria Clase A y una cuarta parte de un warrant redimible, con warrants completos ejercitables a 11,50 dólares por acción.
La compañía es una blank check company que se enfoca principalmente en adquisiciones en el sector fintech y sectores relacionados. El equipo directivo incluye a la CEO Betsy Z. Cohen, el presidente del consejo Daniel G. Cohen y la vicepresidenta Amanda J. Abrams. Clear Street LLC fue el único administrador principal del libro para la oferta.
La totalidad de los ingresos de la oferta pública inicial, 253 millones de dólares, se ha colocado en una cuenta fiduciaria para beneficio de los accionistas públicos. La cotización comenzó en Nasdaq bajo el símbolo "CCIIU" el 1 de julio de 2025, con las acciones Clase A y los warrants que posteriormente se negociarán por separado bajo los símbolos "CCII" y "CCIIW" respectivamente.
Cohen Circle Acquisition Corp. II (NASDAQ:CCIIU)가 성공적으로 기업공개(IPO)를 완료하여, 25.3백만 단위를 단위당 10.00달러에 판매해 총 2억 5,300만 달러의 총수익을 조달했습니다. 각 단위는 클래스 A 보통주 1주와 4분의 1의 상환 가능한 워런트 1개로 구성되며, 전체 워런트는 주당 11.50달러에 행사할 수 있습니다.
이 회사는 블랭크 체크 회사로, 주로 핀테크 부문 및 핀테크 관련 산업에서의 인수를 목표로 하고 있습니다. 경영진에는 CEO Betsy Z. Cohen, 이사회 의장 Daniel G. Cohen, 부의장 Amanda J. Abrams가 포함되어 있습니다. Clear Street LLC가 이번 공모의 단독 주간사 역할을 맡았습니다.
총 2억 5,300만 달러의 IPO 수익금 전액은 공공 주주들의 이익을 위해 신탁 계좌에 예치되었습니다. 2025년 7월 1일 나스닥에서 "CCIIU"로 거래가 시작되었으며, 클래스 A 주식과 워런트는 이후 각각 "CCII"와 "CCIIW"로 별도 거래될 예정입니다.
Cohen Circle Acquisition Corp. II (NASDAQ:CCIIU) a réussi son introduction en bourse, levant 253 millions de dollars de produits bruts grâce à la vente de 25,3 millions d’unités à 10,00 dollars l’unité. Chaque unité comprend une action ordinaire de Classe A et un quart de bon de souscription remboursable, les bons entiers pouvant être exercés à 11,50 dollars par action.
La société est une blank check company visant principalement des acquisitions dans le secteur fintech et les industries adjacentes. L’équipe de direction comprend la CEO Betsy Z. Cohen, le président du conseil Daniel G. Cohen et la vice-présidente Amanda J. Abrams. Clear Street LLC a agi en tant que gestionnaire unique du livre d’ordres pour cette offre.
La totalité des produits de l’IPO, soit 253 millions de dollars, a été placée sur un compte fiduciaire au bénéfice des actionnaires publics. Les actions ont commencé à être négociées sur le Nasdaq sous le symbole "CCIIU" le 1er juillet 2025, avec les actions de Classe A et les bons qui seront ensuite négociés séparément sous les symboles "CCII" et "CCIIW" respectivement.
Cohen Circle Acquisition Corp. II (NASDAQ:CCIIU) hat erfolgreich seinen Börsengang abgeschlossen und dabei 253 Millionen US-Dollar Bruttoerlös durch den Verkauf von 25,3 Millionen Einheiten zu je 10,00 US-Dollar pro Einheit erzielt. Jede Einheit besteht aus einer Stammaktie der Klasse A und einem Viertel eines rückzahlbaren Warrants, wobei ganze Warrants zu 11,50 US-Dollar pro Aktie ausgeübt werden können.
Das Unternehmen ist eine Blankoscheckgesellschaft, die hauptsächlich Akquisitionen im Fintech-Sektor und angrenzenden Branchen anstrebt. Das Management-Team umfasst CEO Betsy Z. Cohen, Vorstandsvorsitzenden Daniel G. Cohen und Vizevorsitzende Amanda J. Abrams. Clear Street LLC fungierte als alleiniger Bookrunner der Emission.
Der gesamte IPO-Erlös von 253 Millionen US-Dollar wurde auf ein Treuhandkonto zugunsten der öffentlichen Aktionäre hinterlegt. Der Handel begann am 1. Juli 2025 an der Nasdaq unter dem Kürzel "CCIIU", wobei die Klasse A-Aktien und Warrants später getrennt unter "CCII" bzw. "CCIIW" gehandelt werden.
- Successfully raised $253 million through IPO with full exercise of over-allotment option
- 100% of IPO proceeds ($253M) secured in trust account for shareholder benefit
- Experienced management team with strong fintech background
- Strategic focus on high-growth fintech and fintech-adjacent sectors
- No specific acquisition target identified yet
- Success depends on finding suitable acquisition target within limited timeframe
- Potential dilution from warrant exercises at $11.50 per share
- Competitive SPAC market may affect ability to complete attractive business combination
Insights
Cohen Circle Acquisition Corp. II raises $253M in IPO as a SPAC targeting fintech acquisitions, demonstrating continued institutional interest in the SPAC structure.
Cohen Circle Acquisition Corp. II has successfully completed its initial public offering, raising
Each unit consists of one Class A ordinary share and one-fourth of a warrant, with each whole warrant allowing purchase of a share at
This blank check company is led by an experienced management team including Betsy Z. Cohen as CEO and Daniel G. Cohen as Chairman, both established figures in the financial services sector. The SPAC's declared focus on fintech and adjacent sectors positions it in a market with significant disruption potential and consolidation opportunities.
While SPACs have faced heightened regulatory scrutiny and decreased popularity since their 2020-2021 peak, this substantial raise suggests institutional confidence in both the management team and the fintech acquisition strategy. The SPAC now enters its search phase, with the typical timeline requiring it to identify and complete a business combination within 18-24 months or return capital to investors.
Investors should note that the SPAC structure transfers significant equity to sponsors and early investors, potentially diluting public shareholders in any eventual business combination. As with all SPACs, investment outcomes will ultimately depend on the quality of the target company and acquisition terms rather than the initial offering itself.
PHILADELPHIA, PA, July 02, 2025 (GLOBE NEWSWIRE) -- Cohen Circle Acquisition Corp. II (NASDAQ:CCIIU) (the “Company”) today announced the closing of its initial public offering of 25,300,000 units, which includes 3,300,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The offering was priced at
The Company’s units began trading on the Nasdaq Global Market (“Nasdaq”) on July 1, 2025 under the ticker symbol “CCIIU.” Each unit consists of one Class A ordinary share of the Company and one-fourth of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share of the Company at an exercise price of
Of the proceeds received from the consummation of the initial public offering (including the exercise of the over-allotment option) and a simultaneous private placement of units,
The Company is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any business or industry or at any stage of its corporate evolution. The Company’s primary focus, however, will be to identify companies in the financial services technology (fintech) sector and fintech adjacent sectors that power transformation and innovation. The management team is led by Betsy Z. Cohen, Chief Executive Officer, Daniel G. Cohen, Chairman of the Board of Directors, and Amanda J. Abrams, Vice-Chairman of the Board of Directors.
Clear Street LLC acted as sole book-running manager for the offering.
A registration statement relating to the securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on June 30, 2025. 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.
This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering. 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 prospectus for the offering filed with the Securities and Exchange Commission. 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:
Cohen Circle Acquisition Corp. II
info@cohencircle.com
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