other material
confidence high
sentiment neutral
materiality 0.55
Columbus Acquisition Corp extends SPAC deadline to May 22, 2026 with $50K trust deposit; target contributes $25K
Columbus Acquisition Corp/Cayman Islands
- Columbus Acquisition Corp deposited $50,000 to extend business combination deadline by one month to May 22, 2026.
- Half of the extension fee ($25,000) came from company working capital; $25,000 paid by target WISeSat.Space Corp.
- Extension is under Business Combination Agreement dated Nov 9, 2025 with WISeSat.Space Corp.
- The SPAC can further extend monthly up to January 22, 2027 with additional $50,000 deposits.