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Cohen & Company Completes SPAC Merger with ProCap

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Cohen & Company Completes SPAC Merger with ProCap

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Cohen & Company ( (COHN) ) just unveiled an announcement.

On December 5, 2025, Columbus Circle Capital Corp. I, a SPAC sponsored by Cohen & Company, completed its merger with ProCap BTC, resulting in ProCap Financial becoming the go-forward company. ProCap Financial’s common stock and warrants began trading on Nasdaq under the symbols ‘BRR’ and ‘BRRWW’ on December 8, 2025. The SPAC founder shares were converted into ProCap Financial shares, with certain transfer restrictions in place. Executives and key employees of Cohen & Company received approximately 2,150,000 ProCap Financial shares.

The most recent analyst rating on (COHN) stock is a Hold with a $20.00 price target. To see the full list of analyst forecasts on Cohen & Company stock, see the COHN Stock Forecast page.

Spark’s Take on COHN Stock

According to Spark, TipRanks’ AI Analyst, COHN is a Neutral.

Cohen & Company’s overall stock score is driven by strong technical indicators and attractive valuation, offset by financial performance concerns related to profitability and leverage. The positive sentiment from the earnings call supports the score, despite some highlighted challenges.

To see Spark’s full report on COHN stock, click here.

More about Cohen & Company

Cohen & Company, LLC, the operating subsidiary of Cohen & Company Inc., is involved in financial services, specifically managing special purpose acquisition companies (SPACs) like Columbus Circle Capital Corp. I, which are formed to facilitate mergers or similar business combinations.

Average Trading Volume: 16,806

Technical Sentiment Signal: Buy

Current Market Cap: $34.12M

See more insights into COHN stock on TipRanks’ Stock Analysis page.

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