Columbus Circle Capital Corp. Announces Share Buyback by COLUMBUS CIRCLE 1 SPONSOR Corp LLC

Columbus Circle Capital Corp. (CCCM) has announced that COLUMBUS CIRCLE 1 SPONSOR Corp LLC, a 10% owner, has purchased 265,000 shares at a price of $10 per share on May 19, 2025.

Title: Columbus Circle Capital Corp. (CCCM) Announces Significant Share Purchase

Columbus Circle Capital Corp. (CCCM) has announced that COLUMBUS CIRCLE 1 SPONSOR Corp LLC, a 10% owner, has purchased 265,000 shares at a price of $10 per share on May 19, 2025. This purchase comes just days after the company's successful initial public offering (IPO) on May 16, 2025.

The IPO, priced at $10 per unit, raised a total of $220 million. Each unit consists of one Class A ordinary share and one-half of a redeemable warrant, with each whole warrant allowing the purchase of one Class A share at $11.50 [1]. The company has the flexibility to pursue business combinations across any industry or geography, with its management team led by CEO Gary Quin and CFO Joseph Pooler [1].

The underwriters have a 45-day option to purchase up to 3,300,000 additional units, which could potentially increase the proceeds by $33 million [1]. The company's shares and warrants are expected to trade separately under the symbols "CCCM" and "CCCMW," respectively, starting after the IPO [1].

The purchase of 265,000 shares by COLUMBUS CIRCLE 1 SPONSOR Corp LLC indicates strong support and confidence in the company's future prospects. This significant investment underscores the interest in Columbus Circle Capital Corp. and its potential for growth through strategic acquisitions.

References
[1] https://www.stocktitan.net/news/CCCMU/columbus-circle-capital-corp-i-announces-pricing-of-upsized-220-000-z9yjhcnbox6c.html