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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 begins separate trading of Class A shares and warrants on December 2. 2. Units will still trade under the symbol CCIRU on Nasdaq. 3. Holders can trade whole warrants; no fractional warrants will be issued. 4. The registration statement was effective as of October 10, 2024. 5. Forward-looking statements highlight potential risks and conditions affecting trading.

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FAQ

Why Bullish?

Separate trading can increase liquidity and investor interest, potentially boosting CCIRU's price performance. Historical IPO separations often lead to short-term price gains.

How important is it?

The announcement directly relates to trading mechanics, influencing investor accessibility and market engagement. Enhanced trading flexibility typically attracts traders, enhancing market vibrancy.

Why Short Term?

The immediate effect on trading dynamics is expected, affecting price soon after the separation. Past separations show initial volatility followed by stabilization.

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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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