CCIIU

Cohen Circle Acquisition Corp. II [CCIIU] represents units issued by Cohen Circle Acquisition Corp. II, a special purpose acquisition company (SPAC). Each unit typically consists of one share of common stock and a fraction of one warrant (or full warrant, depending on the structure). Units are commonly offered during a SPAC's initial public offering and provide investors with bundled exposure to both equity and potential upside through warrants. After the IPO, units often separate into their individual components (common stock and warrants), which then trade independently under different ticker symbols. The unit structure is designed to make the SPAC offering more attractive to IPO investors by providing both immediate equity participation and leveraged upside potential through warrants. Unit holders participate in shareholder votes regarding potential business combinations and have redemption rights if they choose not to support the proposed merger target.