Every 10-Q that Columbus Acquisition Corp Unit (COLAU) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow COLAU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full COLAU filings page.
Columbus Acquisition Corp, a Cayman Islands SPAC, reports total assets of $27,306,272 as of June 30, 2026, including $27,213,256 held in a Trust Account and only $8,393 of cash outside the trust. Trust assets fell from $62,231,602 at December 31, 2025 after redeeming 3,449,851 public shares for approximately $35.83 million, leaving 2,550,149 ordinary shares subject to possible redemption.
For the six months ended June 30, 2026, general and administrative expenses were $362,492 and interest income on the Trust Account was $513,750, resulting in net income of $151,258. The company has a working capital deficit of $483,254, and management states that this liquidity position and the limited time to complete a deal raise substantial doubt about its ability to continue as a going concern within one year.
The company has a business combination agreement with WISeSat.Space Holdings Corp. under which Pubco would issue shares with an aggregate value of $250,000,000 plus any Transaction Financing, at $10.00 per Pubco share, and each CAC share would convert into one Pubco ordinary share. To extend its completion deadline toward January 22, 2027, a total of $350,000 of monthly extension fees has been deposited into the Trust Account, funded partly through $250,000 of unsecured, convertible Extension Notes from the sponsor and target. Nasdaq has granted time until November 18, 2026 to regain compliance with the minimum 400-holder requirement, while a prior market-value deficiency has been cured.
Columbus Acquisition Corp, a Cayman Islands blank check company, reported unaudited results for the quarter ended March 31, 2026 and provided an update on its proposed merger with WISeSat.Space Corp. Total assets were $27,027,078, including $26,836,906 held in a trust account after significant shareholder redemptions.
During the quarter, 3,449,851 ordinary shares were redeemed for approximately $35.83 million, leaving 2,550,149 redeemable shares outstanding and producing net income of $61,472, mainly from trust interest. The company ended with only $129,350 of cash outside the trust and a working capital deficit of $196,690, and its liquidity position raises substantial doubt about its ability to continue as a going concern.
Columbus has a Business Combination Agreement to merge into a new holding company, under which the seller would receive Pubco shares valued at $250,000,000 plus any transaction financing, at $10.00 per Pubco share. The charter currently allows until January 22, 2027, if fully extended, to complete this transaction or another business combination.
Columbus Acquisition Corp is a Cayman Islands blank-check company that completed an IPO on January 24, 2025, raising $60,000,000 from public units and $2,342,900 from a private placement. Proceeds are held primarily in a Trust Account with a demand deposit of $61,018,247, producing $1,018,247 of interest for the six months ended June 30, 2025. As of June 30, 2025 the Company reported total assets of $61,836,356, cash of $761,463 and working capital of $719,917. For the six months, net income was $612,414, driven by trust interest, partially offset by $405,833 of general and administrative expenses. The capital structure includes 6,000,000 ordinary shares subject to possible redemption and 1,944,290 non-redeemable ordinary shares, for a total of 7,944,290 ordinary shares outstanding. Management discloses substantial doubt about the Company’s ability to continue as a going concern if it cannot complete an initial business combination by January 22, 2026. The Sponsor forfeited 225,000 Founder Shares on March 10, 2025, and related-party financing and potential working capital loans remain available but not committed.