Business
ProCap BTC and Columbus Circle Capital Corp I Complete Business Combination
ProCap Financial, the go-forward public company, to begin trading on the Nasdaq Global Market on December 8, 2025 under the symbol “BRR” New York, New York, Dec. 05, 2025 (GLOBE NEWSWIRE) -- ProCap BTC, LLC (“ProCap BTC”), a modern financial services firm leveraging bitcoin, and Columbus Circle Capital Corp I (“CCCM”) (Nasdaq: BRR) today announced the closing of the previously announced Business Combination (as defined herein). The combined company will operate as ProCap Financial, Inc. (“ProCap
About this update from Cohen & Company Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"ProCap Financial, the go-forward public company, to begin trading on the Nasdaq Global Market on December 8, 2025 under the symbol “BRR”","length":136,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":136,"olType":false},{"type":"text","content":"New York, New York, Dec. 05, 2025 (GLOBE NEWSWIRE) -- ProCap BTC, LLC (“ProCap BTC”), a modern financial services firm leveraging bitcoin, and Columbus Circle Capital Corp I (“CCCM”) (Nasdaq: BRR) today announced the closing of the previously announced Business Combination (as defined herein). The combined company will operate as ProCap Financial, Inc. (“ProCap Financial”) and will begin trading on the Nasdaq Global Market on December 8, 2025 under the symbol “BRR.”","length":470,"tagName":"p"},{"type":"text","content":"“I am proud of our team for diligently working to get this deal closed. Now the real work begins,” said Anthony Pompliano, CEO of ProCap Financial.","length":147,"tagName":"p"},{"type":"text","content":"Advisors","length":8,"tagName":"p"},{"type":"text","content":"Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC (“Cohen & Company”) served as exclusive financial advisor to ProCap BTC.","length":155,"tagName":"p"},{"type":"text","content":"Cohen & Company and Clear Street LLC served as joint co-placement agents in connection with the Preferred Equity Investment (as defined herein) and Convertible Note Offering (as defined herein).","length":198,"tagName":"p"},{"type":"text","content":"Reed Smith LLP acted as legal advisor to ProCap BTC, LLC and ProCap Financial, Inc.","length":83,"tagName":"p"},{"type":"text","content":"Ellenoff Grossman & Schole LLP acted as legal advisor to CCCM, while Ogier (Cayman) LLP acted as special Cayman Islands counsel to CCCM.","length":140,"tagName":"p"},{"type":"text","content":"Morgan, Lewis & Bockius LLP acted as legal advisor to the joint co-placement agents in connection with the Preferred Equity Investment and Convertible Note Offering.","length":169,"tagName":"p"},{"type":"text","content":"About ProCap Financial","length":22,"tagName":"p"},{"type":"text","content":"ProCap Financial is a modern financial services firm built for independent investors who have long been overlooked by Wall Street. Founded in 2025, the company raised more than $750 milli...