Columbus Circle Capital sponsor buys 265K shares
Columbus Circle 3 Sponsor Corporation LLC, a 10% owner of Columbus Circle Capital Corp III, acquired 265,000 Class A ordinary shares on 2026-07-10 at $10.00 per share under a Private Placement Units Purchase Agreement.
Rhea-AI Filing Summary
Columbus Circle 3 Sponsor Corporation LLC, a 10% owner of Columbus Circle Capital Corp III, acquired 265,000 Class A ordinary shares on 2026-07-10 at $10.00 per share under a Private Placement Units Purchase Agreement. Footnotes also refer to 7,666,667 Class B ordinary shares that will automatically convert into Class A at the initial business combination.
Cohen & Company, LLC, as managing member of the Sponsor, has voting and investment discretion over these securities, while Cohen & Company Inc. and Cohen LLC each disclaim beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Filing Explained
The sponsor reports 265,000 Class A shares underlying units bought at $10, with each unit also carrying one-third of a warrant.
The
The transaction is coded P, which the supplied Form 4 definition identifies as an open-market purchase, while the footnote says the securities were acquired under a private-placement units purchase agreement.
The table reports a price of
The three reporting persons are linked to the Sponsor: the Sponsor holds the securities of record, while Cohen & Company, LLC and Cohen & Company Inc. report voting or investment control and disclaim beneficial ownership except for any pecuniary interest.
The same footnote excludes 7,666,667 Class B shares from this reported holding and states that they will convert one-for-one into Class A shares at the initial business combination, or earlier at the holder’s option, subject to adjustment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A ordinary shares F1, F2 | 265,000 | $10.00 | $2.65M |
Footnotes (2)
- F1. Represents shares underlying units (each unit consisting of one Class A ordinary share and one-third of one warrant, each whole warrant exercisable to purchase one Class A ordinary share) directly held by Columbus Circle 3 Sponsor Corporation LLC (the "Sponsor"), and which were acquired pursuant to a Private Placement Units Purchase Agreement by and between the Sponsor and Columbus Circle Capital Corp III (the "Issuer"). Does not include 7,666,667 Class B ordinary shares, which shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, or at any time prior to the Issuer's initial business combination, at the option of the holder, subject to adjustment as described under the heading "Description of Securities--Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-296208).
- F2. Cohen & Company, LLC ("Cohen LLC"), the managing member of Columbus Circle 3 Sponsor Corporation LLC (the "Sponsor") holds voting and investment discretion with respect to the securities held of record by the Sponsor. Cohen & Company Inc. ("Cohen") controls, through subsidiaries, the Sponsor. Each of Cohen and Cohen LLC disclaims any beneficial ownership of the securities held by the Sponsor other than to the extent of any pecuniary interest each of them may have therein, directly or indirectly.
Key Figures
Key Terms
Private Placement Units Purchase Agreement financial
beneficial ownership financial
FAQ
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What insider transaction was reported for Columbus Circle Capital Corp III (CCCTU)?
When did the CCCTU sponsor’s purchase take place and what was the resulting Class A holding?
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