| SPAC Sponsor and Affiliates Information, Restrictions on Sale of SPAC Securities [Table Text Block] |
Pursuant
to a letter agreement to be entered with us, each of our sponsor, directors and officers has agreed to restrictions on its ability to
transfer, assign, or sell the founder shares and private placement units, as summarized in the table below. In addition to the restrictions
set forth below, up to 1,000,000 founder shares are subject to forfeiture to the extent the over-allotment option is not exercised; further,
in the event of a transfer of sponsor membership interests by members of our sponsor or their affiliates, there will be an indirect transfer
of the founder shares and private placement units held by our sponsor. While there are currently no circumstances or arrangements contemplated
under which our sponsor, its members or affiliates, or our directors or officers could indirectly transfer ownership of securities owned
by our sponsor through transfers of sponsor membership interests, in certain limited circumstances such transfers are not prohibited.
For more information, see “Principal Shareholders — Restrictions on Transfers of Founder Shares and Private
Placement Units”. | Subject Securities | | Expiration Date | | Natural Persons and Entities
Subject to Restrictions | | Exceptions to Transfer
Restrictions | | Founder Shares | | The earlier of (A) six months after the completion of our initial business combination and (B) the date following the completion of our initial business combination on which we complete a liquidation, merger, share exchange or other similar transaction that results in all of our shareholders having the right to exchange their Class A ordinary shares for cash, securities or other property. | | Columbus Circle 3
Sponsor Corporation LLC Gary Quin Joseph W. Pooler, Jr. Garrett Curran Alberto Alsina Gonzalez Matthew Murphy Marc Spiegel | | Transfers permitted (a) to our officers, directors or consultants, any affiliate or family member of any of our officers, directors or consultants, any members or partners of the sponsor or their affiliates and funds and accounts advised by such members or partners, any affiliates of the sponsor, or any employees of such affiliates, (b) in the case of an individual, as a gift to such person’s immediate family or to a trust, the beneficiary of which is a member of such person’s immediate family, an affiliate of such person or to a charitable organization; (c) in the case of an individual, by virtue of laws of descent and distribution upon death of such person; (d) in the case of an individual, pursuant to a qualified domestic relations order; (e) by private sales or transfers made in connection with any forward purchase agreement or similar arrangement, in connection with an extension of the completion window or in connection with the consummation of a business combination at prices no greater than the price at which the shares or warrants were originally purchased; (f) pro rata distributions from our sponsor to its respective members, partners or shareholders pursuant to our sponsor’s limited liability company agreement or other charter documents; (g) by virtue of the laws of the Cayman Islands or our sponsor’s limited liability company agreement upon the dissolution of our sponsor, (h) in the event of our liquidation prior to our consummation of our initial business combination; (i) in the event that, subsequent to our consummation of an initial business combination, we complete a liquidation, merger, share exchange or other similar transaction which results in all of our shareholders having the right to exchange their Class A ordinary shares for cash, securities or other property or (j) to a nominee or custodian of a person or entity to whom a transfer would be permissible under clauses (a) through (g); provided, however, that in the case of clauses (a) through (g) and clause (j) these permitted transferees must enter into a written agreement agreeing to be bound by these transfer restrictions and the other restrictions contained in the letter agreements. | | | | | | | | |
| Private Placement Units (including underlying securities) | | 30 days after the completion of our initial business combination | | Columbus Circle 3
Sponsor Corporation LLC Gary Quin Joseph W. Pooler, Jr. Garrett Curran Alberto Alsina Gonzalez Matthew Murphy Marc Spiegel | | Same as above, except CCM and Clear Street shall also be permitted to make the same type of transfers to their affiliates as the sponsor can make to its affiliates as described above. | | | | | | | | |
| Any units, warrants, ordinary shares or any other securities convertible into, or exercisable or exchangeable for, any units, ordinary shares, founder shares or warrants | | 180 days from the date of this prospectus | | Columbus Circle 3
Sponsor Corporation LLC Gary Quin Joseph W. Pooler, Jr. Garrett Curran Alberto Alsina Gonzalez Matthew Murphy Marc Spiegel | | We, our sponsor and our officers and directors have agreed that, for a period of 180 days from the date of this prospectus, we and they will not, without the prior written consent of the representatives of the underwriters, offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, any units, Share Rights, shares or any other securities convertible into, or exercisable, or exchangeable for, shares, subject to certain exceptions. The representatives in their sole discretion may release any of the securities subject to these lock-up agreements at any time without notice, other than in the case of the officers and directors, which shall be with notice. Our sponsor, officers and directors are also subject to separate transfer restrictions on their founder shares and private placement units pursuant to the letter agreement described in the immediately preceding paragraphs. |
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