Columbus Circle Capital to change ticker for class A shares to BRR from CCCM
- Columbus Circle Capital Corp has changed its ticker symbol from CCCM to BRR, effective July 31, to reflect its business transaction with ProCap BTC.
- The new ticker "BRR" stands for "Bitcoin Rate of Return," which ProCap BTC expects will be an important performance metric in the financial market.
- In pre-market trading, the company's shares experienced a slight decline of 0.10%, dropping to $10.36.
- Additional ticker changes include the company’s units switching to BRRWU and warrants changing to BRRWW.
Recommendation Rating: Positive Adjustment Ahead
Columbus Circle Capital Corp (NASDAQ:CCCM) has officially changed the ticker symbol for its class A ordinary shares from CCCM to BRR, effective Thursday, July 31, at market open.
This change is associated with the company’s previously announced business transaction with ProCap BTC, a firm led by Anthony Pompliano.
The new ticker, BRR, signifies "Bitcoin Rate of Return," a metric that ProCap BTC anticipates will become a crucial performance indicator in the evolving financial landscape.
In pre-market trading, CCCM shares saw a slight decline of 0.10%, bringing the price down to $10.36.
Furthermore, the ticker symbol for the company's units will transition to BRRWU from CCCMU, while the ticker for warrants will change to BRRWW from CCCMW.