Item 8.01. Other Events. On July 10, 2026, Columbus Circle Capital Corp III (the “Company”) consummated its initial public offering (“IPO”) of 23,000,000 units (the “Units”), including 3,000,000 Units issued pursuant to the full exercise by the underwriters of their over-allotment option.…
We are a blank check company incorporated on July 11, 2025, 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 or entities, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. We may pursue an initial business combination in any business or industry.
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Item 8.01Item 8.01 - Other Events
Item 8.01. Other Events.
On July 10, 2026, Columbus
Circle Capital Corp III (the “Company”) consummated its initial public offering (“IPO”) of 23,000,000 units
(the “Units”), including 3,000,000 Units issued pursuant to the full exercise by the underwriters of their over-allotment
option. Each Unit consists of one Class A ordinary share of the Company, par value $0.0001 per share (the “Class A Ordinary Shares”),
and one-third of one redeemable warrant of the Company (each whole warrant, a “Warrant”), with each whole Warrant entitling
the holder thereof to purchase one Class A Ordinary Share for $11.50 per share. The Units were sold at a price of $10.00 per Unit, generating
gross proceeds to the Company of $230,000,000.
Simultaneously with the closing
of the IPO, the Company completed the private sale (the “Private Placement”)
of an aggregate of 665,000 units (the “Private Placement Units”). 265,000
Private Placement Units were sold to Columbus Circle 3 Sponsor Corporation LLC, the Company’s sponsor, and 400,000 Private Placement
Units were sold to Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC and Clear Street LLC, the
representatives of the underwriters in the IPO, in each case at a purchase price of $10.00 per Private Placement Unit, generating gross
proceeds to the Company of $6,650,000. Each Private Placement Unit consists of one Class A ordinary share and one-third of one warrant
(each, a “Private Placement Warrant”).
A total of $230,000,000,
or $10.00 per Unit, comprised of the net proceeds from the IPO and the sale of the Private Placement Units, was placed in a U.S.-based
trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee.
An audited balance sheet
as of July 10, 2026 reflecting the receipt of the proceeds from the IPO and the Private Placement has been issued by the Company and is
included as Exhibit 99.1 to this Current Report on Form 8-K.
Filed exhibits (1)
EX-99.1 (by filename) columbus3ex99-1.htm
EX-99.1
2
columbus3ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
COLUMBUS CIRCLE CAPITAL CORP III
INDEX TO FINANCIAL STATEMENT
Page
Report of Independent Registered Public Accounting Firm F-2
Balance Sheet as of July 10, 2026 F-3
Notes to Financial Statement F-4
F-1
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM
To the Shareholders and the Board of Directors
of
Columbus Circle Capital Corp III:
Opinion on the Financial Statement
We have audited the accompanying balance sheet
of Columbus Circle Capital Corp III (the “Company”) as of July 10, 2026, and the related notes (collectively referred to as
the “financial statement”). In our opinion, the financial statement presents fairly, in all material respects, the financial
position of the Company as of July 10, 2026, in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
The financial statement is the responsibility
of the Company's management. Our responsibility is to express an opinion on the Company's financial statement based on ou…