05:53 PM EDT, 10/10/2024 (MT Newswires) -- Cohen Circle Acquisition (CCIRU) said Thursday it priced an initial public offering of 20 million units at $10 per unit for $200 million in expected gross proceeds.

Underwriters have been granted a 45-day option to purchase up to 3 million additional units, the company said.

The offering includes a unit consisting of one Class A ordinary share and one-third of a redeemable warrant, with each whole warrant allowing the holder to buy one Class A share at $11.50 per share, it added.

The blank check company said its units will start trading on the Nasdaq Global Market Friday under the "CCIRU" ticker symbol.

The offering is expected to close by Tuesday, Cohen Circle Acquisition said.