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Cohen Circle Share Redemption Ahead of Merger

Story Highlights
  • Cohen Circle Acquisition Corp. I announced a business combination agreement on March 18, 2025.
  • 25.4% of Class A shares were redeemed, with the deal expected to close on August 14, 2025.
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Cohen Circle Acquisition Corp. I Class A ( (CCIR) ) has provided an announcement.

Cohen Circle Acquisition Corp. I announced on March 18, 2025, a business combination agreement with VEON Amsterdam B.V., VEON Holdings B.V., Kyivstar Group Ltd., and Varna Merger Sub Corp. On August 8, 2025, it was determined that 25.4% of the company’s Class A ordinary shares were redeemed for cash by shareholders. The business combination is expected to close around August 14, 2025, with approximately $178 million remaining in the Trust Account, pending shareholder approval and customary closing conditions.

More about Cohen Circle Acquisition Corp. I Class A

Average Trading Volume: 588,561

Technical Sentiment Signal: Strong Sell

Learn more about CCIR stock on TipRanks’ Stock Analysis page.

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