Columbus Acquisition Corp/Cayman Islands (COLA): debt financing — Columbus Acquisition Corp issues $100K promissory note to WISeSat.Space to extend business combination deadline

Columbus Acquisition Corp/Cayman Islands

Unsecured promissory note of $100,000 issued to WISeSat.Space Corp. to fund four Monthly Extension Fees of $25,000 each.
Note bears no interest; principal due at earliest of BCA termination, business combination close, or winding up.
Payee may convert unpaid balance into private units at $10/unit before the business combination closes.
If BCA terminated by Maker and a different business combination closes, Payee can elect cash repayment or conversion into post-close shares at $5/share.
Issuance exempt from registration under Section 4(a)(2) of Securities Act.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.99

Columbus Acquisition Corp/Cayman Islands incurred loan of $100,000 with WISeSat.Space Corp at bears no interest maturing payable in full upon the earliest to occur of (i) the termination date of the Business Combination Agreement ... (ii) the date on which the Company consummates.

Instrument: loan
Principal: $100,000
Counterparty: WISeSat.Space Corp
Rate: bears no interest
Maturity: payable in full upon the earliest to occur of (i) the termination date of the Business Combination Agreement ... (ii) the date on which the Company consummates
Event: incurrence

Exact text from the filing

On May 5, 2026, Columbus Acquisition Corp, a Cayman Islands exempted company (the " Company "), issued an unsecured promissory note in the aggregate principal amount of $100,000 to WISeSat.Space Corp., a British Virgin Islands business company (the " Target ") in connection with the Target payment of an aggregate of $100,000 of the Monthly Extension Fee (as defined below) (the " Target Extension Note ").

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Source: SEC EDGAR

accession 0001213900-26-054549

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