Cohen Circle Acquisition Corp. II (CCIIW) Warrant
Each CCIIW warrant gives the holder the right to buy 1 share of Cohen Circle Acquisition Corp. II at $11.50 per share, for five years after the company completes its merger. The stock last closed at $10.31, below the strike, so the warrant is out of the money. Cohen Circle Acquisition Corp. II has a market value of about $357.69M. Cohen Circle Acquisition Corp. II is a SPAC (no deal announced yet). It must complete a deal by July 2, 2027 or the warrants expire worthless. There are 6.50M listed warrants; exercising all of them would add 18.8% to the 34.69M shares outstanding.
CCII vs strike, last 12 months
No share-price history for CCII yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $12.18
From the issuer's S-1/A (2025-06-25).
Company and stock
- Company
- Cohen Circle Acquisition Corp. II
- Underlying stock
- CCII
- Share price
- $10.31
- Market cap
- $357.69M
- Shares outstanding
- 34.69M
- Value of all listed warrants
- $4.42M (1.2% of market cap)
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.6800
- Price / model
Get Pro to see whether CCIIW is cheap or rich against our model.
Dilution
- Shares outstanding
- 34.69M
- Listed warrants
- 6.50M
- Dilution if all exercised
- 18.8%
Warrant count from filing text: public warrants.
SPAC deal
- Status
- no deal announced yet
- Target
- —
- Deal announced
- —
- Deadline
- 2027-07-02
- Latest possible deadline
- 2027-10-02
- Trust per share
- $10.36
- Sponsor
- Cohen Circle Sponsor II LLC
- Sponsor's earlier SPACs
- 1 (0 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about CCIIW
When does the CCIIW warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of CCIIW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many CCIIW warrants are outstanding?
6.50M listed warrants, equal to 18.8% dilution if all are exercised.