other material
confidence high
sentiment neutral
materiality 0.40
Columbus Acquisition Corp extends combination deadline to June 22, 2026; issues $25k note to target WISeSat.Space
Columbus Acquisition Corp/Cayman Islands
- Deposited $50k extension fee into trust ($25k from working capital, $25k from target) to extend deadline from May 22 to June 22, 2026.
- Issued unsecured $25k promissory note to WISeSat.Space Corp. (payable at BCA termination or closing).
- Note convertible into private units at $10/unit (one share + 1/7 right) or, in certain scenarios, into shares at $5/share.
- Extension allows up to Jan 22, 2027 with monthly $50k deposits.