Columbus Acquisition Corp signs $250M SPAC merger with WISeSat.Space

Columbus Acquisition Corp/Cayman Islands

CAC to acquire WISeSat.Space for $250M in Pubco shares valued at $10.00 each; CAC shareholders get one Pubco share.
CAC rights convert to 1/7 ordinary share before merger; lock-up for Seller: 6 months or $12.50 price trigger.
Closing conditions include CAC shareholder vote, SEC registration statement, Nasdaq listing; drop-dead date July 22, 2026.
Parties to seek at least $10M in financing; termination fee capped at $700,000.
Sponsor agrees to vote for deal, not redeem shares, and pay extension costs beyond cap.

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