Cohen & Co Inc. 4

What Happened
Columbus Circle 3 Sponsor Corp LLC (a 10% owner) purchased 265,000 Class A ordinary shares of Columbus Circle Capital Corp III (CCCTU) on 2026-07-10 at $10.00 per share, a total of $2,650,000. The reported transaction reflects shares underlying units acquired pursuant to a Private Placement Units Purchase Agreement; each unit includes one Class A share and one-third of a warrant. This was a purchase (a buy), which is generally seen as a more informative signal than a routine sale.

Key Details

• Transaction date and price: 2026-07-10 — 265,000 shares at $10.00 each (total $2,650,000). Transaction code: P (purchase).
• Filing date: 2026-07-13 — filing appears timely (within the Form 4 reporting window).
• Shares owned after transaction: Not specified in the Form 4 reporting data provided.
• Footnote highlights:
  • F1: The 265,000 shares represent the Class A share component of units (each unit = 1 Class A share + 1/3 warrant) purchased in a private placement; does not include 7,666,667 Class B founder shares that convert to Class A at a business combination.
  • F2: Cohen & Company, LLC (the Sponsor’s managing member) and Cohen & Company Inc. disclaim beneficial ownership of the securities held by the Sponsor except to the extent of any pecuniary interest.

Context
This purchase was made by the Sponsor entity (a founder/institutional owner), not an individual executive — such sponsor/private-placement activity is common in SPAC transactions and reflects a capital commitment by the sponsor entity. The filing documents also note associated warrants (1/3 warrant per unit) separate from the Class A shares; warrants are derivative rights to buy future shares.