Columbus Acquisition Corp issues $50K in promissory notes to extend business combination deadline to Jan 2027

Columbus Acquisition Corp/Cayman Islands

Issued $25K unsecured note to sponsor Hercules Capital Management VII Corp and $25K note to target WISeSat.Space Corp for monthly extension fee.
Notes bear no interest, payable upon earliest of BCA termination, business combination closing, or winding up.
Notes convertible into private units at $10/unit or, under certain conditions, into conversion shares at $5/share.
Extension allows company until January 22, 2027 to complete initial business combination with WISeSat.Space.

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