Columbus Acquisition and WISeKey sign deal to list WISeSat via SPAC; $250M equity value

Columbus Acquisition Corp/Cayman Islands

WISeKey to receive 25M Pubco shares at $10/share, valuing WISeSat at $250M.
Business combination expected to close in H1 2026, subject to Columbus shareholder approval and conditions.
Upon close, each non-redeemed Columbus share converts to one Pubco share; 7 rights convert to one Pubco share.
WISeSat operates 14 of 22 launched LEO satellites; targets 100 satellites by 2030; next-gen post-quantum satellite launch set for Nov 2025.

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