Journal ·

CCCT 10-Q shows pre-IPO formation. $230 million trust funded July 10

SPAC Pulse 51

Quarter ended June 30, 2026. No target identified. IPO closed after period end.

CCCT10-Q

Columbus Circle Capital Corp III filed its first 10-Q on August 18, 2026 for the quarter ended June 30, 2026.

Net loss totaled $74,606 for both the three- and six-month periods. General and administrative costs drove the loss.

At June 30, 2026, total assets stood at $203,942, with $239,922 drawn on the IPO promissory note and accrued expenses of $15,000.

Shareholder deficit reached $55,325.

The registration statement became effective July 8, 2026. On July 10 the company closed its IPO of 23,000,000 units at $10.00 per unit for $230 million gross proceeds, including full exercise of the 3,000,000-unit over-allotment. $6.65 million in private placement units were sold concurrently.

$230 million was placed in the trust account. The 24-month combination window runs to July 10, 2028. No business combination target has been selected.

Pulse Impact

  • Previous Pulse: 52
  • New Pulse: 51
  • Change: –1
  • Driver: 10-Q read as a slower or weaker beat, so Pulse fell.

Columbus Circle Capital Corp III Form 10-Q (2026-08-18)

Not investment advice. Facts taken from the company’s Form 10-Q.

SEC sources

Summaries of public SEC filings. Company press-release exhibits are not reproduced. Not investment advice, not a proxy solicitation.