CCIIW
CCIIW
Cohen Circle Acquisition Corp. II WarrantIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $305.58K ▲ | $2.28M ▲ | 0% | $0.07 ▲ | $2.28M ▲ |
| Q2-2025 | $0 | $34.15K ▲ | $-34.15K ▼ | 0% | $-0 ▼ | $-34.15K ▼ |
| Q1-2025 | $0 | $5.42K ▼ | $-5.42K ▲ | 0% | $-0 ▲ | $-5.42K ▲ |
| Q4-2024 | $0 | $15.82K | $-15.82K | 0% | $-0 | $-15.82K |
What's going well?
The company earned $2.3 million in net profit this quarter, mainly from interest income. Earnings per share improved sharply compared to last quarter.
What's concerning?
There is still no revenue, and operating losses grew much larger. The profit is not from running a business, but from earning interest, and overhead costs are rising fast.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $1.75M | $257.56M | $10.86M | $246.7M |
What's financially strong about this company?
The company has zero debt, a huge cushion of long-term investments, and almost no short-term bills. Its assets are all high quality, with no risky goodwill or intangibles.
What are the financial risks or weaknesses?
Retained earnings are negative, which means the company has lost money over time. Also, there's very little cash compared to total assets, so liquidity could be tight if investments can't be quickly sold.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $2.28M | $-521.04K | $-253M | $255.27M | $1.75M | $-521.04K |
What's strong about this company's cash flow?
The company successfully raised a large amount of cash by issuing new shares, giving it a short-term cash boost. It is not taking on new debt, so there is no rising interest burden.
What are the cash flow concerns?
The business is burning cash from its core operations and only staying afloat by selling more stock, which heavily dilutes existing shareholders. Without new financing, the company would quickly run out of cash.
5-Year Trend Analysis
A comprehensive look at Cohen Circle Acquisition Corp. II Warrant's financial evolution and strategic trajectory over the past five years.
Current strengths are structural rather than operational: a debt-free balance sheet, a simple capital structure, and sponsorship by a management team with prior SPAC and deal experience. The shell has positive equity supported by contributed capital, and it carries no interest burden or legacy operating issues. This clean starting point can make it easier to integrate a target and shape the future combined company without historical baggage.
The main risks stem from uncertainty. There is no operating business, no revenue, and no cash generation today, and liquidity on the balance sheet looks thin. The entire economic outcome depends on whether a suitable target is found, on the valuation and terms of that deal, and on how the acquired company performs once public. Broader headwinds for SPACs—such as regulatory changes, shifting investor appetite, and competition for targets—add further uncertainty. In short, the downside is that the vehicle could fail to find or close a deal that justifies its structure.
The outlook for CCIIW is tightly linked to the future merger transaction. In the near term, financial statements will likely continue to show minimal activity and small losses from ongoing administrative costs. The real turning point will be the announcement of a definitive business combination, which will introduce a full set of operating metrics, cash flows, and competitive dynamics to analyze. Until then, any forward view is necessarily speculative and centered on the sponsor’s ability to execute rather than on observable business fundamentals.
About Cohen Circle Acquisition Corp. II Warrant
Cohen Circle Acquisition Corp. II focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2024 and is based in Philadelphia, Pennsylvania.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $305.58K ▲ | $2.28M ▲ | 0% | $0.07 ▲ | $2.28M ▲ |
| Q2-2025 | $0 | $34.15K ▲ | $-34.15K ▼ | 0% | $-0 ▼ | $-34.15K ▼ |
| Q1-2025 | $0 | $5.42K ▼ | $-5.42K ▲ | 0% | $-0 ▲ | $-5.42K ▲ |
| Q4-2024 | $0 | $15.82K | $-15.82K | 0% | $-0 | $-15.82K |
What's going well?
The company earned $2.3 million in net profit this quarter, mainly from interest income. Earnings per share improved sharply compared to last quarter.
What's concerning?
There is still no revenue, and operating losses grew much larger. The profit is not from running a business, but from earning interest, and overhead costs are rising fast.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $1.75M | $257.56M | $10.86M | $246.7M |
What's financially strong about this company?
The company has zero debt, a huge cushion of long-term investments, and almost no short-term bills. Its assets are all high quality, with no risky goodwill or intangibles.
What are the financial risks or weaknesses?
Retained earnings are negative, which means the company has lost money over time. Also, there's very little cash compared to total assets, so liquidity could be tight if investments can't be quickly sold.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $2.28M | $-521.04K | $-253M | $255.27M | $1.75M | $-521.04K |
What's strong about this company's cash flow?
The company successfully raised a large amount of cash by issuing new shares, giving it a short-term cash boost. It is not taking on new debt, so there is no rising interest burden.
What are the cash flow concerns?
The business is burning cash from its core operations and only staying afloat by selling more stock, which heavily dilutes existing shareholders. Without new financing, the company would quickly run out of cash.
5-Year Trend Analysis
A comprehensive look at Cohen Circle Acquisition Corp. II Warrant's financial evolution and strategic trajectory over the past five years.
Current strengths are structural rather than operational: a debt-free balance sheet, a simple capital structure, and sponsorship by a management team with prior SPAC and deal experience. The shell has positive equity supported by contributed capital, and it carries no interest burden or legacy operating issues. This clean starting point can make it easier to integrate a target and shape the future combined company without historical baggage.
The main risks stem from uncertainty. There is no operating business, no revenue, and no cash generation today, and liquidity on the balance sheet looks thin. The entire economic outcome depends on whether a suitable target is found, on the valuation and terms of that deal, and on how the acquired company performs once public. Broader headwinds for SPACs—such as regulatory changes, shifting investor appetite, and competition for targets—add further uncertainty. In short, the downside is that the vehicle could fail to find or close a deal that justifies its structure.
The outlook for CCIIW is tightly linked to the future merger transaction. In the near term, financial statements will likely continue to show minimal activity and small losses from ongoing administrative costs. The real turning point will be the announcement of a definitive business combination, which will introduce a full set of operating metrics, cash flows, and competitive dynamics to analyze. Until then, any forward view is necessarily speculative and centered on the sponsor’s ability to execute rather than on observable business fundamentals.
CEO
Betsy Zubrow Cohen