Columbus Circle Capital Corp III prices $200m IPO at $10 per unit
Columbus Circle Capital Corp III has priced its initial public offering of 20,000,000 units at $10.00 per unit, raising $200,000,000. The units are expected to commence trading on the Nasdaq Global Market on July 9, 2026, under the symbol CCCTU. The offering includes a 45-day option for underwriters to purchase an additional 3,000,000 units to cover over-allotments.
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Columbus Circle Capital Corp III has priced its initial public offering of 20,000,000 units at $10.00 per unit, targeting gross proceeds of $200,000,000. The blank check company formed to effect a business combination will see its units begin trading on the Nasdaq Global Market on July 9, 2026, under the symbol CCCTU. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant entitling the holder to purchase one Class A ordinary share at $11.50 per share.
The offering grants underwriters a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments. The closing of the offering is anticipated to occur on or about July 10, 2026, subject to customary closing conditions. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols CCCT and CCCTW, respectively.
Columbus Circle Capital Corp III is led by Gary Quin, Chief Executive Officer and Chairman of the Board of Directors, and Joseph W. Pooler, Jr., Chief Financial Officer. Independent directors include Garrett Curran, Alberto Alsina Gonzalez, Marc Spiegel, and Matthew Murphy. The company may pursue an initial business combination target in any industry or geographical location.
Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, is acting as the lead book-running manager, while Clear Street LLC is serving as joint book-runner. Ellenoff Grossman & Schole LLP and Ogier (Cayman) LLP are legal counsel to the company, and Loeb & Loeb LLP is legal counsel to the underwriters.
Key Offering Details
| Component | Details |
|---|---|
| Units Offered | 20,000,000 |
| Price per Unit | $10.00 |
| Total Proceeds | $200,000,000 |
| Underwriters' Option | 3,000,000 units |
| Trading Symbol (Units) | CCCTU |
| Trading Symbol (Shares) | CCCT |
| Trading Symbol (Warrants) | CCCTW |
| Warrant Exercise Price | $11.50 per share |
The Securities and Exchange Commission declared the registration statement relating to the units effective on July 8, 2026.
What specific industry sectors is Columbus Circle Capital Corp III likely to target for its initial business combination?
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