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Columbus Acquisition (COLA) Stock News

COLA NASDAQ

Columbus Acquisition Corp is a Cayman Islands blank-check company whose news centers on its SPAC structure, Nasdaq-listed securities, and pursuit of an initial business combination. Company updates include the completed initial public offering of units, each consisting of one ordinary share and one right to receive one-seventh of an ordinary share upon a business combination.

Recurring announcements also cover material agreements, shareholder-vote communications, capital-structure disclosures, and operating or financial results for the pre-combination issuer.

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WISeKey (WKEY) reported approximately $11.4 million in unaudited first-half 2026 revenue, up approximately 116% from the same period in 2025.

Gross profit rose 192% to $5.5 million, with gross margin reaching approximately 48%. Operating loss widened to $40.9 million from $27.3 million, and net loss widened to $36.4 million from $22.3 million. Cash and restricted cash totaled approximately $495 million at June 30, with minimal debt. WISeKey reaffirmed expected FY 2026 revenue growth of 50% to 100%. SEALSQ's estimated commercial pipeline exceeds $225 million through 2029, subject to conversion risks.

Shareholders approved redomiciliation to the British Virgin Islands, expected October 1, with WISeQey shares expected to trade October 5. Proposed WISeSat and Quantisimo combinations remain conditional. Post-quantum product revenue is expected in Q4 2026; a proposed Jura semiconductor center carries indicative investment of CHF 40 million to CHF 60 million over six years.

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Columbus Acquisition (COLA) adjourned its shareholder meeting without conducting business, moving consideration of its proposed WISeSat.Space combination to September 30, 2026.

The adjournment covers every proposal in the meeting proxy statement. The meeting is set to reconvene at 9:30 a.m. Eastern Time in New York and by teleconference. Previously announced meeting information remains unchanged apart from the date and time.

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Columbus Acquisition (COLA) adjourned its reconvened shareholder meeting without conducting business until September 29, 2026.

The adjournment covers all proposals, including approval of the proposed business combination with WISeSat.Space. The meeting is scheduled for 9:00 a.m. Eastern Time in New York and by teleconference. Other previously announced meeting information remains unchanged.

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Columbus Acquisition (COLA) confirmed the time and location of its reconvened extraordinary shareholder meeting on September 28, 2026. The meeting is scheduled for 9:00 a.m. Eastern Time at the offices of Loeb & Loeb, 345 Park Avenue, New York, and will also be accessible by teleconference. Previously announced meeting information remains unchanged apart from the time and access details.

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Columbus Acquisition Corp (COLA) will reconvene its Extraordinary General Meeting of Shareholders on September 28, 2026 to vote on proposals in its definitive proxy statement, including the proposed business combination with WISeSat.Space Corp.

The company set a new redemption deadline of September 24, 2026 for public shareholders wishing to exercise redemption rights, who must follow the procedures described in the proxy statement. As of September 23, 2026, there was approximately $10.79 per share in trust. The record date remains August 17, 2026, and shareholders of record on that date may vote even if they have since sold their shares.

Previously submitted proxies remain valid unless shareholders choose to change or revoke their votes in the manner described in the proxy statement, including through their broker or nominee for street-name holdings.

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Columbus Acquisition Corp (COLA) convened its Extraordinary General Meeting of the Shareholders on September 11, 2026, and immediately adjourned it without conducting any business, including votes on all proposals related to its pending business combination with WISeSat.Space Corp.

The company will announce a new meeting date and an extended redemption deadline (the “Extended Redemption Deadline”) in the coming days. Public shareholders who wish to exercise redemption rights must follow the procedures in the proxy statement by the Extended Redemption Deadline. As of September 8, 2026, there was approximately $10.66 per share in trust. The record date for voting remains August 17, 2026, and shareholders of record on that date may vote even if they have since sold their shares. Previously submitted proxies remain valid unless changed. The company is also filing a Schedule 14A supplement to its proxy statement dated September 11, 2026.

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WISeKey (Nasdaq: WKEY) and Columbus Acquisition (Nasdaq: COLA) entered a definitive business combination to list WISeKey’s subsidiary WISeSat.Space as WISeSat.Space Holdings Corp. on Nasdaq, expected to close in the first half of 2026. Upon closing WISeKey will receive 25.0 million Pubco shares valued at $10.00 each (implied $250 million equity), retaining majority ownership. WISeKey and SEALSQ are expected to provide at least $10.0 million cash to WISeSat. WISeSat operates a LEO constellation with 22 launched satellites (14 operational) and targets 100 satellites by 2030; a next‑generation post‑quantum satellite launch is scheduled in November 2025.

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Columbus Acquisition Corp (Nasdaq: COLA) has announced that starting March 17, 2025, holders of 6,000,000 units from its initial public offering can separately trade the ordinary shares and rights included in the Units. The Units currently trade on NASDAQ under 'COLAU', while separated components will trade as 'COLA' (ordinary shares) and 'COLAR' (rights).

Unit holders must contact Continental Stock Transfer & Trust Company through their brokers to separate their holdings. The offering was managed by A.G.P./Alliance Global Partners as the sole book-runner, with The Benchmark Company as co-manager. The SEC approved the registration statement (File No. 333-283278) on January 22, 2025.

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Columbus Acquisition Corp has successfully completed its initial public offering (IPO) of 6,000,000 units at $10.00 per unit, raising aggregate gross proceeds of $60 million. Each unit comprises one ordinary share and one right to receive one-seventh of an ordinary share upon completing an initial business combination.

The units began trading on Nasdaq Global Market under the symbol 'COLAU' on January 23, 2025. The ordinary shares and rights will separately trade under 'COLA' and 'COLAR' respectively. A.G.P./Alliance Global Partners served as the sole book-running manager, with The Benchmark Company as co-manager. The underwriters have a 45-day option to purchase up to 900,000 additional units to cover over-allotments.

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Columbus Acquisition Corp has announced the pricing of its initial public offering (IPO) of 6,000,000 units at $10.00 per unit, totaling $60 million. Each unit comprises one ordinary share and one right to receive one-seventh of an ordinary share upon completing an initial business combination.

The units will trade on Nasdaq Global Market under symbol COLAU starting January 23, 2025, with ordinary shares and rights later trading separately under COLA and COLAR respectively. The offering is set to close on January 24, 2025. The company granted underwriters a 45-day option to purchase up to 900,000 additional units to cover over-allotments.

A.G.P./Alliance Global Partners serves as the sole book-running manager, with The Benchmark Company as co-manager for the offering.

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FAQ

What is the current stock price of Columbus Acquisition (COLA)?

Columbus Acquisition (COLA) last closed at $2.86.