WISeSat.Space Holdings Corp. (SAIQ) closed a $10 million PIPE investment from SEALSQ Corp. on October 1, 2026, concurrently with the closing of its business combination with Columbus Acquisition Corp. The investment was priced at $10.79 per share, equal to the redemption price, and provides WISeSat with additional equity capital. WISeSat said the capital would support its planned satellite-infrastructure expansion and integration of post-quantum cryptography into satellite, ground and user-segment architectures.
Under the planned collaboration, WISeSat would provide satellite capacity and related space and ground infrastructure, while SEALSQ would use that capacity for planned quantum and post-quantum services. A subscription-agreement price-protection provision may result in additional WISeSat ordinary shares being issued to SEALSQ if the volume-weighted average price over the 10 consecutive trading days ending on the 60th calendar day after closing is below $10.79 per share; additional issuance is capped at 1,073,216 shares. SEALSQ is also subject to customary lock-up restrictions.
WISeSat.Space Holdings Corp. (SAIQ) completed its previously announced business combination with Columbus Acquisition Corp., a publicly traded special purpose acquisition company, on October 1, 2026. Columbus Acquisition Corp. shareholders approved the transaction at an extraordinary general meeting on September 30, 2026.
WISeSat.Space said its ordinary shares would begin trading on Nasdaq under SAIQ effective October 2, 2026. The company describes its business as secure satellite communications for Internet of Things applications and says it has deployed satellites into orbit since 2024. It is developing satellite connectivity for connected devices, including remote monitoring, logistics, defense and infrastructure management, and aims to integrate hardware-based security, device authentication and post-quantum protection into its communications architecture, including through collaboration with sister company SEALSQ Corp.
A Nasdaq Opening Bell ceremony is scheduled for October 9, 2026, at 9:30 a.m. Eastern Time / 3:30 p.m. Swiss time.
WISeSat.Space Holdings Corp. (SAIQ) completed its business combination with Columbus Acquisition Corp. on October 1, 2026. Columbus Acquisition Corp. shareholders approved the transaction on September 30, and the remaining closing conditions were satisfied or waived before closing.
WISeSat said its ordinary shares will commence trading on Nasdaq on October 2, 2026, under the ticker SAIQ. WISeSat describes its business as secure satellite communications for Internet of Things applications, combining satellite infrastructure with cybersecurity and digital identity technologies.
WISeSat.Space Holdings Corp. (SAIQ): Columbus Acquisition Corp. reconvened its shareholder meeting concerning a proposed business combination with WISeSat.Space Corp. on September 29, 2026, with a quorum, then adjourned it without putting any proposals to a vote. The meeting is set to resume at 9:30 a.m. Eastern Time on September 30, 2026, in person and virtually. The August 17, 2026 record date remains in effect; eligible shareholders may vote even if they later sold their shares. Shareholders who submitted redemption requests may withdraw them by contacting the transfer agent.