SCHEDULE: Goldman Sachs Reports 0% Stake in Cohen Circle SPAC
Beneficial Ownership Report Amendment
Goldman Sachs Group and Goldman Sachs & Co. LLC filed an amended Schedule 13G, reporting zero beneficial ownership in Cohen Circle Acquisition Corp. I's Class A ordinary shares.
Summary
- The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC filed an Amendment No. 1 to Schedule 13G regarding Cohen Circle Acquisition Corp. I.
- The filing indicates that both reporting entities beneficially own 0.00 Class A ordinary shares, representing 0.0% of the class.
- The event requiring this filing occurred on September 30, 2025.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
- Goldman Sachs & Co. LLC is identified as a broker or dealer and an investment adviser, and a subsidiary of The Goldman Sachs Group, Inc.
Sentiment
Score: 5
Explanation: The filing is neutral as it is a routine regulatory disclosure of 0% beneficial ownership, providing no new material information regarding the issuer's performance or prospects.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding Cohen Circle Acquisition Corp. I's future outlook.
Industry Context
This Schedule 13G filing is a routine regulatory disclosure by a major financial institution, Goldman Sachs, indicating its beneficial ownership (or lack thereof) in a Special Purpose Acquisition Company (SPAC). Such filings are common as institutional investors adjust their holdings or confirm their positions, and this particular filing indicates a non-material ownership stake.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Update | The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC updated their Power of Attorney, appointing a new list of individuals (including Ameen Soetan) to execute SEC filings. This supersedes previous authorizations from July 29, 2024, and October 1, 2024. | 2025-07-16 | This change streamlines the internal process for Goldman Sachs to comply with SEC filing requirements by updating the authorized signatories. It does not directly impact the corporate governance of Cohen Circle Acquisition Corp. I. |
Stakeholder Impact
- Shareholders of Cohen Circle Acquisition Corp. I: Minimal impact, as the filing confirms no significant institutional ownership by Goldman Sachs, which is a continuation of a non-material stake.
Key Dates
| Date | Description |
|---|---|
| 2024-07-29 | Previous Power of Attorney granted by The Goldman Sachs Group, Inc. was superseded. |
| 2024-10-01 | Previous Power of Attorney granted by Goldman Sachs & Co. LLC was superseded. |
| 2025-07-16 | New Power of Attorney for The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC was subscribed, effective until July 16, 2026. |
| 2025-09-30 | Date of event which required the filing of this Schedule 13G statement. |
| 2025-10-08 | Date of signing for the Schedule 13G by Ameen Soetan, Attorney-in-fact for both Goldman Sachs entities. |
Keywords
Goldman Sachs, Cohen Circle Acquisition Corp. I, Schedule 13G, Beneficial Ownership, SPAC, Class A ordinary shares, SEC filing
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