Welcome to our dedicated page for Columbus Acquisition news (Ticker: COLAU), a resource for investors and traders seeking the latest updates and insights on Columbus Acquisition stock.
Columbus Acquisition Corp (NASDAQ: COLAU) is a Cayman Islands-incorporated blank check company, or SPAC, formed to pursue a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. News related to Columbus often centers on capital markets activity, its initial public offering, and developments in its search for and execution of a business combination.
One of the key news themes for Columbus Acquisition Corp is its announced Business Combination Agreement with WISeKey International Holding AG’s subsidiary WISeSat.Space Corp. Coverage of this transaction includes details on the proposed structure in which Columbus and WISeSat would become wholly owned subsidiaries of a new British Virgin Islands holding company, WISeSat.Space Holdings Corp (Pubco), expected to be listed on Nasdaq. Articles also discuss how Columbus shares and rights are expected to convert into Pubco shares upon closing, and how remaining trust account cash and additional funding from WISeKey or SEALSQ would support the combined company’s operations and commercialization plans.
Investors following COLAU news can expect updates on regulatory milestones, such as SEC filings related to the transaction, progress toward shareholder approvals, and any changes to the terms of the proposed business combination. Earlier news items include announcements of the pricing and closing of Columbus Acquisition Corp’s initial public offering, describing the composition of its units and the listing of its securities on the Nasdaq Global Market.
This news page provides a focused view of developments affecting Columbus Acquisition Corp, from its formation and IPO through its announced combination with WISeSat, helping readers track how the SPAC advances toward completing its stated business objective.
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.
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.
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.
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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