secwatch.observer — SEC 8-K summary
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Issuer:     Columbus Acquisition Corp/Cayman Islands (COLA)
CIK:        0002028201
Form:       8-K
Filed at:   2026-10-02T11:05:52+00:00
Accession:  0001213900-26-106080
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Columbus Acquisition extends SPAC deadline to Oct 22, 2026 with $100,000 in extension notes
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- Columbus extended its initial business combination deadline from Aug 22, 2026 to Oct 22, 2026 via two $50,000 monthly extension fee deposits.
- Sponsor Hercules Capital Management VII Corp paid $25,000 for each extension; Target WISeSat.Space Corp also paid $25,000 for each extension.
- Company issued unsecured notes: $25,000 to Sponsor on Aug 30, $50,000 to Target on Sep 22, and $25,000 to Sponsor on Sep 30, 2026.
- Sponsor notes convert into units at $10.00; Target note converts at $10.00 per unit or $5.00 per share if BCA is terminated under Section 10.1(e).
- BCA dated Nov 9, 2025 involves WISeSat.Space Corp, Pubco, Merger Sub, and WISeKey International Holding Ltd.; CEO Fen Zhang signed the filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2028201/000121390026106080/0001213900-26-106080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2028201/000121390026106080/ea0307412-8k425_columbus.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-106080

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