- Business
- Cohen Circle Acquisition Corp. I (NASDAQ: CCIR) operates as a special purpose acquisition company sponsored by Cohen Circle LLC with no significant ongoing business operations other than seeking and completing a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination involving one or more businesses or assets, principally in the financial services technology, fintech, and adjacent technology sectors; it offers Class A ordinary shares, redeemable warrants, and units comprising one share and one-third of a warrant to public investors to raise capital for such transactions. Incorporated in 2021 and headquartered at 2929 Arch Street, Suite 1703, Philadelphia, Pennsylvania, the company completed its initial public offering in October 2024, raising $200 million through 20 million units priced at $10 each underwritten by Cantor Fitzgerald. In August 2025, Cohen Circle Acquisition Corp. I closed a definitive business combination with Kyivstar Group Ltd., Ukraine's largest communications operator serving over 23 million mobile subscribers and 1.1 million fixed-line home internet customers as a subsidiary of VEON Ltd., following shareholder approval on August 12, 2025, with low redemptions of 25.4% yielding approximately $178 million in net proceeds supported by non-redemption agreements from investors including Helikon and Clearline; this de-SPAC transaction resulted in the suspension of CCIR shares, warrants, and units from Nasdaq trading ahead of Kyivstar Group's historic U.S. listing. Previously known as FTAC Artemis Acquisition Corp., the SPAC is led by Chairman and CEO Betsy Z. Cohen, a veteran of multiple prior blank check companies targeting fintech.