# EDGAR Filing Document

**Accession Number:** 0002056263
**File Stem:** 0001213900-25-120606
**Filing Date:** 2025-12
**Character Count:** 22919
**Document Hash:** 438613ecb0cb21b474064bd9a7d0d107
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-120606.hdr.sgml**: 20251211

**ACCESSION NUMBER**: 0001213900-25-120606

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251211

**DATE AS OF CHANGE**: 20251211

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Columbus Circle Capital Corp. I
- **CENTRAL INDEX KEY:** 0002056263
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-95050
- **FILM NUMBER:** 251564627

**BUSINESS ADDRESS:**
- **STREET 1:** 3 COLUMBUS CIRCLE, 24TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 6467925600

**MAIL ADDRESS:**
- **STREET 1:** 3 COLUMBUS CIRCLE, 24TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COLUMBUS CIRCLE 1 SPONSOR CORP LLC
- **CENTRAL INDEX KEY:** 0002068275

**ORGANIZATION NAME:**
- **EIN:** 993280378
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** CIRA CENTRE, 2929 ARCH STREET
- **STREET 2:** SUITE 1703
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19104
- **BUSINESS PHONE:** 215-701-9555

**MAIL ADDRESS:**
- **STREET 1:** CIRA CENTRE, 2929 ARCH STREET
- **STREET 2:** SUITE 1703
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COLUMBUS CIRCLE 1 SPONSOR Corp LLC
- **DATE OF NAME CHANGE:** 20250513

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 1)**

**Columbus Circle Capital Corp. I**

*(Name of Issuer)*

**Class A Ordinary Shares, $0.0001 par value**

*(Title of Class of Securities)*

**G2296A109**

*(CUSIP Number)*

**Gary Quin**<br>Chief Executive Officer<br>3 Columbus Circle, 24th Floor<br>New York NY 10019<br>(646) 792-5600

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**12/03/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **G2296A109** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Columbus Circle 1 Sponsor Corp** | Name of reporting person<br>**Columbus Circle 1 Sponsor Corp** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**87500.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**87500.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**87500.00** | Aggregate amount beneficially owned by each reporting person<br>**87500.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0.3%** | Percent of class represented by amount in Row (11)<br>**0.3%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Comment for Reporting Person:** On December 3, 2025, Columbus Circle 1 Sponsor Corp (the "Sponsor") distributed (i) 8,245,833 Class B ordinary shares, par value $0.0001 per share, of the Issuer (the "Class B Ordinary Shares") and (ii) all of its 265,000 private placement units (the "Private Placement Units"), each Private Placement Unit consisting of one Class A ordinary share, par value $0.0001 per share, of the Issuer (the "Class A Ordinary Shares") and one-half of one warrant (with each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share) to its members and members of Columbus Circle 1E Sponsor Corporation LLC ("Columbus Circle 1E"), a member of the Sponsor (the "Sponsor Distribution").

| **CUSIP No.** | **G2296A109** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Cohen & Company, LLC** | Name of reporting person<br>**Cohen & Company, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**2151666.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**479500.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**2151666.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**479500.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**2631166.00** | Aggregate amount beneficially owned by each reporting person<br>**2631166.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**9.4%** | Percent of class represented by amount in Row (11)<br>**9.4%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Comment for Reporting Person:** Includes 2,151,666 Class B Ordinary Shares that Cohen & Company, LLC received in connection with the Sponsor Distribution, the 87,500 Class B Ordinary Shares that the Sponsor holds, and the 392,000 Class A Ordinary Shares underlying the 392,000 Private Placement Units that Cohen & Company Securities, LLC holds.

| **CUSIP No.** | **G2296A109** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Cohen & Company Inc.** | Name of reporting person<br>**Cohen & Company Inc.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**MARYLAND** | Citizenship or place of organization<br>**MARYLAND** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**2631166.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**2631166.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**2631166.00** | Aggregate amount beneficially owned by each reporting person<br>**2631166.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**9.4%** | Percent of class represented by amount in Row (11)<br>**9.4%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Comment for Reporting Person:** Includes 2,151,666 Class B Ordinary Shares that Cohen & Company, LLC received in connection with the Sponsor Distribution, the 87,500 Class B Ordinary Shares that the Sponsor holds, and the 392,000 Class A Ordinary Shares underlying the 392,000 Private Placement Units that Cohen & Company Securities, LLC holds.

| **CUSIP No.** | **G2296A109** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Cohen & Company Securities, LLC** | Name of reporting person<br>**Cohen & Company Securities, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**392000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**392000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**392000.00** | Aggregate amount beneficially owned by each reporting person<br>**392000.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**1.5%** | Percent of class represented by amount in Row (11)<br>**1.5%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Comment for Reporting Person:** Includes the 392,000 Class A ordinary shares underlying the 392,000 Private Placement Units that Cohen & Company Securities, LLC holds.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Class A Ordinary Shares, $0.0001 par value

**(b) Name of Issuer:**
Columbus Circle Capital Corp. I

**(c) Address of Issuer's Principal Executive Offices:**
3 Columbus Circle, 24th Floor, New York, NY, 10019

This Amendment No. 1 ("Amendment No.1") amends and supplements the Schedule 13D initially filed with the Securities and Exchange Commission (the "SEC") on May 27, 2025 (the "Schedule 13D") relating to the Ordinary Shares of the Issuer. Capitalized terms used herein without definition shall have the meaning set forth in the Schedule 13D.

**Item 4. Purpose of Transaction**

Item 4 of the Schedule 13D is hereby amended and supplemented by adding the following:

On December 3, 2025, the Sponsor distributed 8,245,833 of its Class B Ordinary Shares and all of its 265,000 Private Placement Units (each Private Placement Unit consisting of one Class A Ordinary Shares and one-half of one warrant, with each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share) held by the Sponsor to its members and members of Columbus Circle 1E Sponsor Corporation LLC ("Columbus Circle 1E"), a member of the Sponsor (collectively, the "Sponsor Distribution") for no consideration, including 2,151,666 Class B Ordinary Shares that were distributed to Cohen & Company, LLC. As a result of such distribution, each of Cohen & Company, LLC and Cohen & Company Inc. beneficially owns (i) 2,239,166 Class B Ordinary Shares and (ii) 392,000 Private Placement Units held by Cohen & Company Securities, LLC. As a result of the Sponsor Distribution, the Sponsor distributed 8,245,833 Class B Ordinary Shares and 265,000 Private Placement Units previously held by the Sponsor and holds 87,500 Class B Ordinary Shares.

**Item 5. Interest in Securities of the Issuer**

**(a)**
Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows:

The aggregate number and percentage of Ordinary Shares beneficially owned by the Reporting Persons (on the basis of a total of 34,038,333 Ordinary Shares, including 25,705,000 Class A ordinary shares 8,333,333 and Class B Ordinary Shares outstanding as of December 3, 2025, as reported by the Issuer in its Current Report on Form 10-Q, filed by the Issuer with the SEC on November 14, 2025) are as follows: Sponsor - Amount beneficially owned: 87,500 Class B Ordinary Share and Percentage: 0.3%; Cohen & Company, LLC - Amount beneficially owned: 2,239,166 Class B Ordinary Shares and 392,000 Class A Ordinary Shares and Percentage: 9.4%; Cohen & Company Inc. - Amount beneficially owned: 2,239,166 Class B Ordinary Shares and 392,000 Class A Ordinary Shares and Percentage: 9.4%; and Cohen & Company Securities, LLC - Amount beneficially owned: 392,000 Class A Ordinary Shares and Percentage: 1.5%

**(b)**
The aggregate number and percentage of Ordinary Shares beneficially owned by the Reporting Persons (on the basis of a total of 34,038,333 Ordinary Shares, including 25,705,000 Class A ordinary shares and 8,333,333 Class B Ordinary Shares outstanding as of December 3, 2025, as reported by the Issuer in its Current Report on Form 10-Q,filed by the Issuer with the SEC on November 14, 2025) are as follows:

Sponsor

Number of shares to which the Reporting Person has:
i. Sole power to vote or to direct the vote: 87,500.ii. Shared power to vote or to direct the vote: 0.iii. Sole power to dispose or to direct the disposition of: 87,500, andiv. Shared power to dispose or to direct the disposition of: 0.

Cohen & Company, LLC

Number of shares to which the Reporting Person has:
i. Sole power to vote or to direct the vote: 2,151,666.ii. Shared power to vote or to direct the vote: 479,500.iii. Sole power to dispose or to direct the disposition of: 2,151,666, andiv. Shared power to dispose or to direct the disposition of: 479,500.

Cohen & Company Inc.

Number of shares to which the Reporting Person has:
i. Sole power to vote or to direct the vote: 0.ii. Shared power to vote or to direct the vote: 2,631,166.iii. Sole power to dispose or to direct the disposition of: 0, andiv. Shared power to dispose or to direct the disposition of: 2,631,166.

Cohen & Company Securities, LLC

Number of shares to which the Reporting Person has:
i. Sole power to vote or to direct the vote: 392,000.ii. Shared power to vote or to direct the vote: 0.iii. Sole power to dispose or to direct the disposition of: 392,000, andiv. Shared power to dispose or to direct the disposition of: 0.

Cohen & Company, LLC received 2,151,666 Class B Ordinary Shares from the Sponsor in the Sponsor Distribution. The Sponsor holds 87,500 Class B Ordinary Shares. Cohen & Company Securities, LLC holds 392,000 Private Placement Units. Cohen & Company Inc. is the parent company of Cohen & Company, LLC and Cohen & Company Securities, LLC. Cohen & Company Inc. disclaims any beneficial ownership of the securities held by Cohen & Company, LLC other than to the extent of any pecuniary interest each of them may have therein, directly or indirectly.

**(c)**
None of the Reporting Persons has effected any transactions of Ordinary Shares during the 60 days preceding the date of this report, except as described in Item 4 and Item 6 of this Schedule 13D/A, which information is incorporated herein by reference.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Item 6 of the Schedule 13D is hereby amended and supplemented as follows:

Business Combination Agreement

On June 23, 2025 (the "Effective Date"), the Issuer, ProCap Financial, Inc., a Delaware corporation ("Pubco"), Crius SPAC Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Pubco ("SPAC Merger Sub"), Crius Merger Sub, LLC, a Delaware limited liability company and a wholly owned subsidiary of Pubco ("Company Merger Sub"), ProCap BTC, LLC, a Delaware limited liability company ("ProCap BTC") and Inflection Points Inc d/b/a Professional Capital Management, a Delaware corporation (the "Seller"), entered into a business combination agreement (as amended by Amendment No. 1 to the Business Combination Agreement dated as of July 28, 2025 and as may be further amended, supplemented or otherwise modified from time to time, the "Business Combination Agreement").

Pursuant to the Business Combination Agreement, and subject to the terms and conditions set forth therein, among other things, (i) at least one business day prior to the closing (the "Closing") of the Business Combination, the Issuer will de-register from the Register of Companies in the Cayman Islands by way of continuation and re-register in the State of Delaware so as to become a Delaware corporation (the "Conversion"), and (ii) upon the Closing, SPAC Merger Sub will merge with and into the Issuer, with the Issuer continuing as the surviving entity (the "SPAC Merger"), and each outstanding security of the Issuer immediately prior to the effective time of the SPAC Merger shall automatically be cancelled in exchange for the right to receive substantially equivalent securities of Pubco. As a result of the Business Combination, the Issuer will become wholly-owned subsidiaries of Pubco, and Pubco will become a publicly traded company, all in accordance with applicable law and upon the terms and subject to the conditions set forth in the Business Combination Agreement. The description of the Business Combination Agreement is qualified in its entirety by reference to the full text of such agreement, a copy of which was filed by the Issuer as Exhibit 2.1 to the Form 8-K filed by the Issuer with the SEC on June 27, 2025 (and is incorporated by reference herein as Exhibit 10.1). The description of the Amendment No. 1 to Business Combination Agreement is qualified in its entirety by reference to the full text of such agreement, a copy of which was filed by the Issuer as Exhibit 2.1 to the Form 8-K filed by the Issuer with the SEC on July 28, 2025 (and is incorporated by reference herein as Exhibit 10.2).

Securities Assignment and Joinder Agreement

On December 3, 2025, the Sponsor and Cohen & Company, LLC entered into a Securities Assignment and Joinder Agreement (the "Joinder Agreement"). Pursuant to the Joinder Agreement, the Sponsor and Cohen & Company, LLC acknowledged that Cohen & Company, LLC has received the securities from the Sponsor in the Sponsor Distribution, and Cohen & Company, LLC agreed to become (i) a party to the Insider Letter Agreement as an "Insider" (as defined in the Insider Letter Agreement); (ii) a party to the Registration Rights Agreement (as described below) as a "Holder" (as defined in the Registration Rights Agreement); or (iii), a party to the warrant agreement, dated May 15, 2025, by and between the Issuer and Continental Stock Transfer & Trust Company, as applicable.

Sponsor Letter Agreement

Effective December 3, 2025, Pubco and the Sponsor entered into an agreement (the "Sponsor Letter Agreement"), providing that 8,333,333 Class B Ordinary Shares that the Sponsor or its transferees hold shall be subject to transfer restrictions set forth in the Sponsor Letter Agreement and shall vest and be released early from such restriction only if certain price targets are achieved during the 2-year period following the Closing. The description of the Sponsor Letter Agreement is qualified in its entirety by reference to the full text of such agreement, a copy of which was filed by the Issuer as Exhibit 10.1 to the Form 8-K filed by the Issuer with the SEC on December 5, 2025 (and is incorporated by reference herein as Exhibit 10.3).

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Columbus Circle 1 Sponsor Corp

**Signature:** /s/ Cohen & Company, LLC

**Name/Title:** managing member of Columbus Circle 1 Sponsor Corp LLC by Dennis Crilly, an authorized signatory

**Date:** 12/11/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Cohen & Company, LLC

**Signature:** /s/ Cohen & Company Inc.

**Name/Title:** controlling entity of Cohen & Company, LLC by Dennis Crilly, an authorized signatory

**Date:** 12/11/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Cohen & Company Inc.

**Signature:** /s/ Dennis Crilly

**Name/Title:** an authorized signatory

**Date:** 12/11/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Cohen & Company Securities, LLC

**Signature:** /s/ Dennis Crilly

**Name/Title:** an authorized signatory

**Date:** 12/11/2025