CCII

Cohen Circle Acquisition Corp. II is a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The SPAC is sponsored by affiliates of Cohen Circle, an investment firm led by experienced financial professionals. Like other SPACs, Cohen Circle Acquisition Corp. II raised capital through an initial public offering with the proceeds held in trust while the management team searches for an attractive acquisition target. The company typically has a defined time period, usually 18-24 months, to identify and complete a business combination, after which shareholders vote to approve or reject the proposed transaction. If approved, the target company becomes publicly traded through the merger, providing an alternative path to traditional IPOs. Investors in SPACs evaluate both the management team's expertise and the eventual target selection.