Columbus Circle Capital Corp. I’s Quiet Period Will Expire on June 25th (NASDAQ:CCCMU)

Columbus Circle Capital Corp. I’s (NASDAQ:CCCMU) quiet period is set to expire on Wednesday, June 25th. Columbus Circle Capital Corp. I had issued 22,000,000 shares in its public offering on May 16th. The total size of the offering was $220,000,000 based on an initial share price of $10.00. During Columbus Circle Capital Corp. I’s quiet period, insiders and any underwriters involved in the IPO are prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Columbus Circle Capital Corp. I to a “hold” rating in a research note on Friday, May 30th.

Columbus Circle Capital Corp. I Trading Up 5.0%

Shares of CCCMU stock opened at $15.42 on Wednesday. Columbus Circle Capital Corp. I has a 12-month low of $10.08 and a 12-month high of $15.98.

About Columbus Circle Capital Corp. I

We are a blank check company incorporated in June 2024, as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.