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Cohen Circle Acquisition Corp. I Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing December 2, 2024

1. CCIRU will allow separate trading of Class A shares and warrants from December 2. 2. The trading symbols for separated shares will be 'CCIR' and 'CCIRW'. 3. Units that remain intact will continue trading under 'CCIRU'. 4. SEC declared the registration statement effective on October 10, 2024. 5. The announcement includes forward-looking statements subject to various conditions.

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$10.0111/29 09:02 AM EDTEvent Start
$10.01512/02 09:16 AM EDTLatest Updated
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FAQ

Why Bullish?

Separate trading can increase flexibility and trading volume for CCIRU, as seen in past IPOs where structural changes enhanced liquidity, driving stock performance positively.

How important is it?

The separation of shares and warrants can significantly impact trading strategies and investor interest in CCIRU, indicating its importance in shaping market perception.

Why Short Term?

Impact is likely temporary as initial trading separates into different instruments, commonly affecting immediate sentiment and trading volumes rather than long-term performance.

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CCIRCCIRW
November 29, 2024 09:00 ET | Source: Cohen Circle Acquisition Corp. I PHILADELPHIA, PA, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Cohen Circle Acquisition Corp. I (NASDAQ:CCIRU) (the “Company”) announced today that, commencing December 2, 2024, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A ordinary shares and warrants that are separated will trade on the Nasdaq Global Market under the symbols “CCIR” and “CCIRW,” respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol “CCIRU.”  A registration statement relating to the units and the underlying securities was declared effective by the Securities and Exchange Commission on October 10, 2024. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus for the offering filed with the Securities and Exchange Commission. The Company undertakes no obligation to update these statements for revisions or changes after the date of this press release, except as required by law. Contact Information: Cohen Circle Acquisition Corp. I info@cohencircle.com

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