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Cohen Circle Acquisition Corp. I: January 2025 8-K Filing Analysis

$CCIR
Form 8-K
Filed on: 2025-01-13
Source
Cohen Circle Acquisition Corp. I: January 2025 8-K Filing Analysis

Here's an analysis of the provided section of the financial report:

Key Information Extracted:

  1. Entity Identification:
  • Name: Cohen Circle Acquisition Corp. I
  • CIK: 0001894176
  • Location: 2929 Arch Street Suite 1703, Philadelphia, PA 19104
  • Phone: 215-701-9555
  1. Filing Type:
  • Form: 8-K
  • Filing Date: January 13, 2025
  1. Security Information:
  • Units: Each unit consists of:
    • One Class A ordinary share
    • One-third of one redeemable warrant
  • Securities Tickers:
    • Class A Ordinary Shares: CCIRU (NASDAQ)
    • Warrants: CCIRW (NASDAQ)
  1. Share Details:
  • Class A Ordinary Shares:
    • Par Value: $0.0001 per share
  • Warrants:
    • Each whole warrant is exercisable for one Class A ordinary share.
  1. Measurement Units:
  • Currency: USD
  • Shares are classified in terms of shares.

Insights:

  • Purpose of the Filing: This 8-K filing likely pertains to a material event or change that required reporting, which may include details about the acquisition or a significant corporate action involving the issuance of new units or shares.
  • Corporate Structure: The company is structured to offer units that combine ordinary shares and redeemable warrants, which is typical for SPAC (Special Purpose Acquisition Company) structures, indicating it might be pursuing an acquisition strategy.
  • Market Presence: The listing on NASDAQ suggests that the company is publicly traded, which provides it with access to capital markets for funding future operations or acquisitions.

Overall, the report indicates that Cohen Circle Acquisition Corp. I is involved in a structured offering of securities, which may be part of its strategy to raise funds or facilitate acquisitions, typical for a SPAC.