Cohen Circle Acquisition Corp II (NASDAQ: CCII) is a blank check special purpose acquisition company (SPAC) that raised capital through an initial public offering to fund a single merger or acquisition. The company does not generate operating revenue. Instead, it holds IPO proceeds in a trust account, invested in U.S. government securities or money market funds, until a business combination is completed or shares are redeemed. CCII raised $253,000,000 at $10.00 per unit in its IPO, which closed on July 2, 2025, with proceeds placed in trust. The company intends to focus its search on fintech and fintech-adjacent sectors, including financial services, real estate, insurance, and ecommerce technology infrastructure, though it is not restricted to these industries. CCII is incorporated as a Cayman Islands entity and seeks global acquisition targets. Leadership includes Daniel G. Cohen and Amanda J. Abrams, CEO of Cohen Circle, LLC, serving as Vice Chairman, drawing on experience in financial services operating companies.

Revenue model

No operating revenue. The company earns interest on trust account assets (U.S. government securities, money market funds, or bank deposit accounts) prior to completing a business combination. Economic return to the sponsor comes from founder shares and placement units acquired at nominal cost, which gain value upon a successful business combination.

Products and services

A single-purpose acquisition vehicle structured as a SPAC. Units sold in the IPO consist of Class A ordinary shares and one-fourth of one warrant each. The trust account held $253,000,000 as of the July 2, 2025 IPO closing. No commercial products or services are offered.

Customers and end markets

Public shareholders who purchased units in the IPO are the primary capital providers. Target end markets for acquisition are fintech, financial services technology, real estate technology, insurance technology, ecommerce, and related technology infrastructure, per the 10-K filed 2026-03-25.

Value-chain role

Acquisition vehicle and capital aggregator. CCII sources, evaluates, and consummates a single business combination using IPO proceeds held in trust. The sponsor, non-managing sponsor investors, and management team source deal opportunities through their financial services networks.

Geographic exposure

The company intends to pursue global business combination targets but may also acquire a domestic company, per the 10-K filed 2026-03-25. No specific geographic revenue split exists given pre-combination status.

Source: SEC 10-K, filed 2026-03-25

Industry: Blank Checks