Here are the 10-Q quarterly reports from Columbus Circle Capital Corp II (CMII) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CMII and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CMII filings page.
Columbus Circle Capital Corp II (CMII), a Cayman Islands SPAC, completed its IPO on February 12, 2026, selling 23,000,000 Units at $10.00 each for gross proceeds of $230,000,000. As of June 30, 2026, total assets were $234.4 million, including $233.1 million of cash and investments held in a Trust Account.
For the six months ended June 30, 2026, CMII reported net income of $1,219,059, driven by $3,097,832 of interest on Trust investments, partially offset by $1,878,773 of general and administrative expenses. Shareholders’ deficit was $(264,279), with 23,000,000 Class A shares classified as redeemable at a combined $233,097,832.
On June 26, 2026, CMII entered into a Business Combination Agreement to merge with Elroy Air at an equity Purchase Price of $800,000,000, supported by approximately $66.6 million of pre-funded convertible note investment, a $100 million Series A PIPE, and up to 11,000,000 Earnout Shares. Management discloses a working capital deficit of $343,967 and states that these conditions, together with the February 12, 2028 combination deadline, raise substantial doubt about CMII’s ability to continue as a going concern.
Columbus Circle Capital Corp II, a Cayman Islands-based SPAC, reports its first quarter as a public company after its February 2026 IPO. The company raised $230 million by selling 23,000,000 units at $10.00 each, with the proceeds placed in a Trust Account.
As of March 31, 2026, the Trust Account held $231,052,687, reflecting interest income of $1,052,687 on money market investments. The company recorded net income of $853,252, driven by that interest, against general and administrative fees of $199,435.
Outside the Trust, Columbus Circle Capital Corp II held $1,187,974 of cash and working capital of $1,303,496 to fund search and operating costs. The SPAC has until February 12, 2028 to complete a Business Combination or redeem public shares and liquidate, and it has not yet identified a target.