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.
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.
Columbus Circle Capital Corp II reports that Adage Capital Management, L.P. and principals Robert Atchinson and Phillip Gross each disclose 1,800,000 shares, representing 7.61% of Class A Ordinary Shares. The filing states this percentage is calculated using 23,665,000 Class A Ordinary Shares outstanding as of March 30, 2026.
The ownership is stated as shared voting and shared dispositive power of 1,800,000 shares for each Reporting Person. The filing is a joint Schedule 13G and is signed by the reporting individuals.
Columbus Circle Capital Corp II reports that Adage Capital Management, L.P. and principals Robert Atchinson and Phillip Gross each disclose 1,800,000 shares, representing 7.61% of Class A Ordinary Shares. The filing states this percentage is calculated using 23,665,000 Class A Ordinary Shares outstanding as of March 30, 2026.
The ownership is stated as shared voting and shared dispositive power of 1,800,000 shares for each Reporting Person. The filing is a joint Schedule 13G and is signed by the reporting individuals.
Columbus Circle Capital Corp filed its annual report outlining its status as a newly formed SPAC with no operating revenues and no Business Combination target yet selected. The company completed an IPO of 23,000,000 units at $10.00 each, raising gross proceeds of $230,000,000, and a concurrent private placement of 665,000 units for $6,650,000.
A total of $230,000,000 from the IPO and private placement was placed in a trust account to fund a future Business Combination, with public shareholders entitled to redeem at about $10.00 per share. The SPAC must complete a Business Combination by February 12, 2028 or liquidate and return trust funds to public shareholders.
As of March 30, 2026 there were 23,665,000 Class A ordinary shares and 7,666,667 Class B ordinary shares outstanding. The filing highlights substantial potential dilution from founder shares, private placement units, working capital loans convertible into up to 150,000 additional private Class A shares, and associated warrants exercisable at $11.50 per share.
Columbus Circle Capital Corp filed its annual report outlining its status as a newly formed SPAC with no operating revenues and no Business Combination target yet selected. The company completed an IPO of 23,000,000 units at $10.00 each, raising gross proceeds of $230,000,000, and a concurrent private placement of 665,000 units for $6,650,000.
A total of $230,000,000 from the IPO and private placement was placed in a trust account to fund a future Business Combination, with public shareholders entitled to redeem at about $10.00 per share. The SPAC must complete a Business Combination by February 12, 2028 or liquidate and return trust funds to public shareholders.
As of March 30, 2026 there were 23,665,000 Class A ordinary shares and 7,666,667 Class B ordinary shares outstanding. The filing highlights substantial potential dilution from founder shares, private placement units, working capital loans convertible into up to 150,000 additional private Class A shares, and associated warrants exercisable at $11.50 per share.