Cohen Circle Acquisition Corp. II filed its Form 10-Q for the quarter ended June 30, 2026 with the U.S. Securities and Exchange Commission, reporting its financial results and balance sheet position as a blank check company operating under trust.

Key Highlights

  • Trust Account Balance: Marketable securities held in the Trust Account totaled $262,216,441 as of June 30, 2026, up from $257,650,313 at December 31, 2025.
  • Net Income: The company reported net income of $1,976,256 for the three months ended June 30, 2026, compared to a net loss of $34,148 for the same period in 2025.
  • Six-Month Net Income: Net income for the six months ended June 30, 2026 was $3,841,889, versus a net loss of $39,568 for the six months ended June 30, 2025.
  • Redemption Value: Class A ordinary shares subject to possible redemption were carried at a redemption value of $10.36 per share as of June 30, 2026, compared to $10.18 per share at December 31, 2025.
  • Shares Outstanding: As of August 10, 2026, there were 26,020,000 Class A ordinary shares and 8,673,333 Class B ordinary shares issued and outstanding.
  • Shareholders' Deficit: Total shareholders' deficit was $(9,562,652) at June 30, 2026, widening from $(8,838,413) at December 31, 2025.
  • Cash Position: Cash on hand was $1,227,320 at June 30, 2026, down from $1,852,928 at December 31, 2025.

Cohen Circle Acquisition Corp. II: Q2 2026 Financial Position and Trust Account Activity

Cohen Circle Acquisition Corp. II (NASDAQ:CCIIU, NASDAQ:CCII, NASDAQ:CCIIW) is a special purpose acquisition company incorporated in the Cayman Islands. According to the filing, total assets as of June 30, 2026 stood at $263,630,827, with the large majority held in the Trust Account as marketable securities. Total liabilities were $10,977,038, which included a deferred underwriting fee of $10,780,000 that remained unchanged from December 31, 2025.

The filing disclosed that interest earned on marketable securities held in the Trust Account was $2,300,625 for the three months ended June 30, 2026 and $4,566,128 for the six months ended June 30, 2026, with no comparable Trust Account interest recorded in the prior-year periods. General and administrative costs for the three months ended June 30, 2026 were $324,369, compared to $34,148 in the same quarter of 2025. For the six-month period, general and administrative costs were $724,239 versus $39,568 in 2025. Basic and diluted net income per Class A ordinary share was $0.06 for the three months and $0.11 for the six months ended June 30, 2026.

The company reported 25,300,000 Class A ordinary shares subject to possible redemption, with 720,000 Class A shares held outside of the redemption pool. The filing noted that accretion for Class A ordinary shares to redemption amount was $2,300,625 for the three months ended June 30, 2026 and $2,265,503 for the three months ended March 31, 2026. The company indicated it is classified as a shell company and an emerging growth company. According to the filing, on July 2, 2025, underwriters exercised their over-allotment option in full, and as a result, 1,100,000 Founder Shares previously subject to forfeiture are no longer subject to forfeiture.

What Was Disclosed

Cohen Circle Acquisition Corp. II disclosed its unaudited interim financial statements for the quarter and six months ended June 30, 2026, covering trust account balances, operating results, share counts, redemption values, and changes in shareholders' deficit.