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Columbus Circle Capital Corp III Prices $200 Million IPO on Nasdaq
Columbus Circle Capital Corp III announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit, for total gross proceeds of $200 million. The units are expected to begin trading on the Nasdaq Global Market starting July 9, 2026, under the ticker symbol "CCCTU."
Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant will entitle the holder to purchase one Class A ordinary share at a price of $11.50. After 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 a special purpose acquisition company, also known as a blank check company, established for the purpose of effecting a merger, asset acquisition, or other business combination. The company has not specified a target industry or geographic location. The management team includes Gary Quin as Chief Executive Officer and Chairman, and Joseph W. Pooler, Jr. as Chief Financial Officer.
AdThe offering is being managed by Cohen & Company Capital Markets, acting as the lead book-running manager, with Clear Street LLC serving as a joint book-runner. The underwriters have been granted a 45-day option to purchase up to an additional 3,000,000 units to cover any over-allotments. The offering is anticipated to close on or about July 10, 2026, subject to customary closing conditions.