Cohen Circle Acquisition Corp. II

CCII: 10-Q · periodic report

Cohen Circle Acquisition Corp. II filed its 10-Q for the quarter ended June 30, 2026, reporting net income of $1,976,256, or $0.06 per share, driven entirely by $2,300,625 of interest earned on its trust account and partially offset by $324,369 of general and administrative costs. Six-month net income was $3,841,889. The pre-deal blank check company has no operations or revenue, holding $262,216,441 in its trust account plus $1,227,320 in cash outside the trust as it searches for a business combination. It raised $253,000,000 in its July 2025 IPO and carries a shareholders' deficit of $9,562,652. The filing includes going-concern language: the liquidity condition and mandatory liquidation if no deal is completed by the July 2, 2027 deadline raise substantial doubt about the company's ability to continue as a going concern. Management plans to address the uncertainty by completing a business combination but offers no assurance, and only $400,000 of permitted trust withdrawals remains available until July 2, 2027.

SEC 10-Q•2mo ago