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Cohen Circle Acquisition Corp. I (NASDAQ:CCIRU) has announced that starting December 2, 2024, holders of units from its initial public offering can separately trade Class A ordinary shares and warrants. The separated Class A ordinary shares and warrants will trade under symbols CCIR and CCIRW respectively on the Nasdaq Global Market, while unseparated units will continue trading under CCIRU.
Only whole warrants will be traded, with no fractional warrants being issued upon unit separation. The registration statement for these securities was declared effective by the SEC on October 10, 2024.
Cohen Circle Acquisition Corp. I (NASDAQ:CCIRU) has successfully completed its initial public offering of 23,000,000 units, raising $230 million in gross proceeds. The offering, priced at $10.00 per unit, included a full exercise of the underwriters' over-allotment option for 3,000,000 units. Trading began on Nasdaq under the symbol 'CCIRU' on October 11, 2024.
Each unit comprises one Class A ordinary share and one-third of a redeemable warrant. The company, a blank check company, aims to pursue merger or acquisition opportunities in the financial services technology (fintech) sector. $231,150,000 of the proceeds has been placed in a trust account for public shareholders. The company is sponsored by Cohen Circle, , with Betsy Z. Cohen serving as Chairman, President, and CEO.
Cohen Circle Acquisition Corp. I (NASDAQ:CCIRU) has announced the pricing of its initial public offering of 20,000,000 units at $10.00 per unit. The units, consisting of one Class A ordinary share and one-third of a redeemable warrant, will begin trading on the Nasdaq Global Market on October 11, 2024. The company, a blank check company focused on the fintech sector, is sponsored by Cohen Circle, and led by Betsy Z. Cohen. Cantor Fitzgerald & Co. is serving as the sole book-running manager for the offering, which is expected to close around October 15, 2024. The underwriters have a 45-day option to purchase up to 3,000,000 additional units to cover over-allotments.
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