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CMII Overview

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$
0.000
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0.000(0.000%)Aft-market
ET
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Intellectia

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High
10.160
Open
10.160
VWAP
10.14
Vol
265.43K
Mkt Cap
317.39M
Low
10.120
Amount
2.69M
EV/EBITDA(TTM)
--
Total Shares
31.33M
EV
316.83M
EV/OCF(TTM)
--
P/S(TTM)
--
Columbus Circle Capital Corp II is a blank check company. The Company is formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company’s business strategy focuses on identifying attractive and undervalued opportunities in private and public markets across Europe, Middle East, and Africa (EMEA) and Latin American regions.
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Events Timeline

(ET)
2026-06-26
06:30:00
Elroy Air to Merge with CMII, Valued at $800 Million
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News

Newsfilter
8.5
06-26Newsfilter
Elroy Air to Go Public via $1 Billion Merger with Columbus Circle Capital
  • Merger Announcement: Cargo drone startup Elroy Air has entered into a merger agreement with blank-check company Columbus Circle Capital Corp II, valuing the deal at approximately $1 billion, marking a significant milestone for Elroy Air in accessing public capital markets and providing substantial funding for future growth.
  • Market Expansion: This merger will enable Elroy Air to leverage Columbus Circle's resources and network, further expanding its share in the rapidly growing drone logistics market, which is expected to enhance the company's competitiveness in the logistics industry.
  • Investor Confidence: The transaction is likely to attract increased investor interest in Elroy Air, particularly within the drone and automated logistics sectors, which is anticipated to elevate its brand visibility and strengthen market trust.
  • Strategic Development: The merger not only provides Elroy Air with financial backing but also accelerates its technology development and market promotion efforts, positioning the company to lead in future drone transportation solutions.
Newsfilter
8.5
06-26Newsfilter
Elroy Air to Go Public, Accelerating Drone Production for Defense and Commercial Markets
  • Transaction Overview: Elroy Air has entered into a business combination agreement with Columbus Circle Capital Corp II, expected to close in Q4 2026, with a pre-money valuation of approximately $800 million and a post-transaction enterprise value of about $1 billion, reflecting strong market confidence in its drone technology.
  • Funding Support: The transaction has secured over $165 million in committed PIPE capital, with $65 million allocated for the execution of the business combination agreement, ensuring Elroy Air can accelerate the commercial-scale production of its Chaparral drone to meet rising market demand.
  • Market Potential: Elroy Air boasts a demand pipeline exceeding 1,400 aircraft and over $5 billion in potential revenue opportunities from leading logistics and aviation companies such as Bristow Group, Barq Group, and FedEx, underscoring its strategic importance in both defense and commercial markets.
  • Technological Innovation: The Chaparral drone is designed to carry over 500 pounds of cargo with a range of 450 miles, utilizing a hybrid-electric powertrain for reliability and operational flexibility, indicating a significant transformation in the cargo transport sector.
Wall Street analysts forecast CMII stock price to rise
0 Analyst Rating
Wall Street analysts forecast CMII stock price to rise
0 Buy
0 Hold
0 Sell
Current: 0.000
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Current: 0.000
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Valuation Metrics

The current forward P/E ratio for Columbus Circle Capital Corp II (CMII.O) is 0.00, compared to its 5-year average forward P/E of --. For a more detailed relative valuation and DCF analysis to assess Columbus Circle Capital Corp II's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
Current PE
0.00
Overvalued PE
Undervalued PE

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
Undervalued EV/EBITDA

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
Current PS
0.00
Overvalued PS
Undervalued PS

Financials

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Frequently Asked Questions

What is Columbus Circle Capital Corp II (CMII) stock price today?

The current price of CMII is 10.13 USD — it has decreased -0.2

What is Columbus Circle Capital Corp II (CMII)'s business?

Columbus Circle Capital Corp II is a blank check company. The Company is formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company’s business strategy focuses on identifying attractive and undervalued opportunities in private and public markets across Europe, Middle East, and Africa (EMEA) and Latin American regions.

What is the price predicton of CMII Stock?

Wall Street analysts forecast CMII stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CMII is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Columbus Circle Capital Corp II (CMII)'s revenue for the last quarter?

Columbus Circle Capital Corp II revenue for the last quarter amounts to -199.44K USD, decreased

What is Columbus Circle Capital Corp II (CMII)'s earnings per share (EPS) for the last quarter?

Columbus Circle Capital Corp II. EPS for the last quarter amounts to -287163.00 USD, decreased

How many employees does Columbus Circle Capital Corp II (CMII). have?

Columbus Circle Capital Corp II (CMII) has 0 emplpoyees as of July 08 2026.

What is Columbus Circle Capital Corp II (CMII) market cap?

Today CMII has the market capitalization of 317.39M USD.