Columbus Acquisition Corp extended its deadline to consummate a business combination with WISeSat.Space Holdings Corp. by paying $50,000 monthly extension fees into the trust account for August and September 2026. The Company issued unsecured promissory notes totaling $100,000: $75,000 to Sponsor Hercules Capital Management VII Corp. and $25,000 to Target WISeSat.Space Corp., representing their respective shares of the fees. These notes are convertible into private units at $10.00 per unit upon business combination completion or repayable in specific termination scenarios. Columbus Acquisition Corp operates as a blank check company (SPAC) focused on effecting an initial business combination.
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