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Recent Updates — COLA

July 31, 2026View Source ↗

Columbus Acquisition Corp filed an amendment to correct the disclosure of how the $50,000 monthly extension fee was paid. The Company extended its business combination deadline from May 22, 2026, to June 22, 2026. Hercules Capital Management VII Corp (Sponsor) and WISeSat.Space Corp (Target) each contributed $25,000 toward the fee. Consequently, Columbus issued two unsecured promissory notes: a $25,000 note to the Target on May 21, 2026, and a $25,000 note to the Sponsor on July 29, 2026. These notes bear no interest and are convertible into private units at $10.00 per unit upon consummation of a business combination or payable upon termination or winding up. Columbus Acquisition Corp is a blank check company focused on effecting an initial business combination.