Cohen Circle Acquisition Corp. II closes $253 million IPO of 25.3 million units
Cohen Circle Acquisition Corp. II closed its initial public offering on July 2, 2025, selling 25,300,000 units at $10.00 each for gross proceeds of $253,000,000, including the full 3,300,000-unit over-allotment. The entire $253,000,000 was placed in a trust account for public shareholders, and the funds generally stay there until a business combination is completed or public shares are redeemed, which for the company is within 24 months of the IPO closing (27 months if a definitive agreement is signed within 24 months).
Key points
- IPO closed July 2, 2025: 25,300,000 units at $10.00 per unit, $253,000,000 gross proceeds, including 3,300,000 over-allotment units
- Private placement of 720,000 units at $10.00 for $7,200,000; Cohen Circle Sponsor II, LLC bought 445,000 units and Clear Street bought 275,000
- $253,000,000 placed in trust; redemption deadline is 24 months from IPO closing, or 27 months if a definitive agreement is signed within 24 months
- Board members appointed June 30, 2025 include Daniel Cohen, Amanda Abrams and Jewelle Bickford; Walter Jones chairs the Audit Committee
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 03, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.