Stock Markets February 10, 2026

Columbus Circle Capital Corp II Prices $200 Million IPO at $10 Per Unit

Blank-check vehicle lists 20 million units on Nasdaq; warrants attached and over-allotment option granted

By Ajmal Hussain
Columbus Circle Capital Corp II Prices $200 Million IPO at $10 Per Unit

Columbus Circle Capital Corp II completed an initial public offering of 20 million units at $10.00 apiece, raising $200 million. Each unit comprises one Class A ordinary share and one-third of a redeemable warrant, with each whole warrant exercisable to buy one Class A share at $11.50. Units are slated to begin trading on the Nasdaq Global Market on February 11, 2026, and the shares and warrants will trade separately under the symbols CMII and CMIIW once separate trading commences.

Key Points

  • Columbus Circle Capital Corp II sold 20 million units at $10.00 per unit, raising $200 million.
  • Each unit comprises one Class A ordinary share and one-third of a redeemable warrant; whole warrants exercise at $11.50 per share, and shares and warrants will trade as CMII and CMIIW once separated.
  • Underwriters have a 45-day option to buy up to 3 million additional units to cover over-allotments; offering expected to close on or about February 12, 2026, subject to customary conditions - relevant to capital markets and financial services.

Columbus Circle Capital Corp II has priced an initial public offering that will bring $200 million of new capital to the blank-check company. The firm sold 20 million units at $10.00 per unit. The units are expected to begin trading on the Nasdaq Global Market on February 11, 2026.

Each unit is made up of one Class A ordinary share plus one-third of a redeemable warrant. Those fractional warrants combine so that one whole warrant permits its holder to purchase one Class A ordinary share at a price of $11.50 per share. After the company’s securities begin to trade separately, the Class A ordinary shares and warrants will use the trading symbols "CMII" and "CMIIW," respectively.

The underwriters have been granted a 45-day option to purchase up to an additional 3 million units at the initial offering price to cover any over-allotments. The offering is expected to close on or about February 12, 2026, subject to customary closing conditions.

Columbus Circle Capital Corp II is structured as a blank check company. Its charter gives it the flexibility to pursue mergers, acquisitions, or other business combinations with one or more target companies. The company may pursue targets in any industry or geographic region, according to its formation documents.

Senior management and the board are identified in the company’s offering disclosures. Gary Quin serves as Chief Executive Officer and as Chairman of the Board, while Joseph W. Pooler, Jr. is listed as Chief Financial Officer. Independent directors on the board include Garrett Curran, Alberto Alsina Gonzalez, Dr. Adam Back, Marc Spiegel and Matthew Murphy.

On the listing and distribution side, Cohen & Company Capital Markets is acting as the lead book-running manager for the offering, with Clear Street LLC serving as joint book-runner. The registration statement for the offering was declared effective by the Securities and Exchange Commission on January 30, 2026.


Summary of the offering facts is straightforward: 20 million units at $10 per unit, an over-allotment option for up to 3 million additional units, separate trading for Class A shares and warrants under CMII and CMIIW once split, and closing expected around February 12, 2026 subject to the customary conditions stated in the offering documents.

Risks

  • Closing of the offering is conditional and expected to occur on or about February 12, 2026 subject to customary closing conditions - potential timing or completion risk affecting capital markets participants.
  • Underwriters’ 45-day option to purchase up to 3 million additional units introduces potential dilution if exercised - a consideration for equity investors.
  • The company is a blank check vehicle that may pursue business combinations in any industry or location, which leaves future target selection and execution uncertain for investors across multiple sectors.

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