Columbus Circle Capital Corp. I (CCCM) said late Thursday it priced its initial public offering of 22 million units at $10 each for $220 million, upsized from the previously planned $200 million.
Underwriters have a 45-day overallotment option to buy up to 3.3 million additional units.
Each unit consists of one class A share and half of a redeemable warrant, with each warrant exercisable at $11.50 per share.
The blank-check company expects the units to start trading on the Nasdaq Global Market under the symbol CCCMU Friday, while its shares and warrants are expected to be listed under the symbols CCCM and CCCMW, respectively.
Columbus Circle expects the IPO to close by Monday.
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