How is COLM conference?

I was wondering how is COLM in terms of prestige or popularity among NLP committee? In ARR Jan cycle,  One of my papers got scores: 2.5, 2, 3 with confidence 3, 2, 4. Meta 2.

Now I am confused should I go for arr march cycle for EMNLP or go directly for COLM. Could anyone give me some advice on it?