Columbus Acquisition CORP/Cayman Islands (COLAR) — SEC Filings

Overview

Columbus Acquisition CORP/Cayman Islands (COLAR) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a DEF 14A filed on Dec 31, 2025: Columbus Acquisition Corp (COLAR) is seeking shareholder approval to extend its deadline for completing a business combination from January 22, 2026, to January 22, 2027, through a Charter Amendment Proposal and a Trust Amendment Proposal. This extension would allow COLAR to pursue its previously an

Sentiment Summary

Across 14 filings, the sentiment breakdown is: 11 neutral, 3 mixed. The dominant filing sentiment for Columbus Acquisition CORP/Cayman Islands is neutral.

Filing Type Overview

Columbus Acquisition CORP/Cayman Islands (COLAR) has filed 1 DEF 14A, 7 8-K, 3 10-Q, 1 10-K, 1 S-1/A, 1 S-1 with the SEC between Nov 2024 to Dec 2025.

Filings by Year

2025 · 2024

Recent Filings (14)

• Columbus SPAC Seeks Year-Long Extension for WISeSat.Space Merger — DEF 14A · Dec 31, 2025 Risk: medium
  Columbus Acquisition Corp (COLAR) is seeking shareholder approval to extend its deadline for completing a business combination from January 22, 2026, to January
• 8-K Filing — 8-K · Dec 29, 2025
• 8-K Filing — 8-K · Nov 13, 2025
• 8-K Filing — 8-K · Nov 10, 2025
• Columbus Acquisition Corp Swings to Profit on Trust Account Interest — 10-Q · Nov 6, 2025 Risk: medium
  Columbus Acquisition Corp (COLAR) reported a net income of $497,832 for the three months ended September 30, 2025, a significant improvement from a net loss of
• Columbus Acquisition Corp Swings to Profit on Trust Account Interest — 10-Q · Aug 13, 2025 Risk: high
  Columbus Acquisition Corp (COLAR) reported a net income of $612,414 for the six months ended June 30, 2025, a significant improvement from a net loss of $48,039
• Columbus Acquisition Corp Files Q1 2025 10-Q — 10-Q · May 15, 2025 Risk: low
  Columbus Acquisition Corp/Cayman Islands filed its quarterly report on Form 10-Q for the period ended March 31, 2025. The company, registered in the Cayman Isla
• Columbus Acquisition Corp Files 2024 Annual Report — 10-K · Mar 31, 2025 Risk: low
  Columbus Acquisition Corp, a Cayman Islands-based blank check company, filed its annual report for the fiscal year ended December 31, 2024. The company's princi
• Columbus Acquisition Corp. Files 8-K: Material Agreement & Officer Changes — 8-K · Mar 24, 2025 Risk: medium
  Columbus Acquisition Corp. announced on March 20, 2025, the entry into a material definitive agreement. The company also reported the departure of directors or
• Columbus Acquisition Corp Files 8-K — 8-K · Mar 13, 2025 Risk: low
  Columbus Acquisition Corp filed an 8-K on March 13, 2025, reporting other events and financial statements. The company, incorporated in the Cayman Islands, has
• Columbus Acquisition Corp Files 8-K — 8-K · Jan 30, 2025 Risk: low
  Columbus Acquisition Corp, a Cayman Islands-based blank check company, filed an 8-K on January 30, 2025, reporting an event that occurred on January 24, 2025. T
• Columbus Acquisition Corp. Files 8-K with Key Corporate Updates — 8-K · Jan 28, 2025 Risk: medium
  Columbus Acquisition Corp. announced on January 22, 2025, that it entered into a material definitive agreement. The company also reported on unregistered sales
• Columbus Acquisition Corp files S-1/A for IPO — S-1/A · Dec 26, 2024 Risk: medium
  Columbus Acquisition Corp, a Cayman Islands-based blank check company, filed an S-1/A amendment on December 26, 2024, for its initial public offering. The compa
• Columbus Acquisition Corp Files for IPO — S-1 · Nov 15, 2024 Risk: medium
  Columbus Acquisition Corp, a Cayman Islands-based blank check company, filed an S-1 registration statement on November 15, 2024. The company is seeking to raise

Risk Profile

Risk Assessment: Of COLAR's 11 recent filings, 1 were flagged as high-risk, 6 as medium-risk, and 4 as low-risk. The overall risk profile suggests moderate risk with a balanced mix of positive and cautionary disclosures.

Financial Highlights

Key financial metrics from Columbus Acquisition CORP/Cayman Islands's most recent 10-Q filing (Nov 6, 2025):

• Revenue: $0
• Net Income: $1,110,246
• EPS: $0.15
• Debt-to-Equity: 0.18
• Cash Position: $638,311
• Operating Margin: N/A
• Total Assets: $62,342,246
• Total Debt: $106,250

Key Executives

• Fen Zhang

Industry Context

Columbus Acquisition Corp is a special purpose acquisition company (SPAC) operating in the financial services sector, specifically focused on identifying and merging with a target company. The SPAC market has seen significant activity, but also increased scrutiny regarding deal timelines and shareholder value. Companies like COLAR rely on timely execution of business combinations to avoid liquidation, a common risk in the SPAC lifecycle.

Top Tags

SPAC (3) · Business Combination (3) · 10-Q (2) · Blank Check Company (2) · IPO (2) · Trust Account (2) · Cayman Islands (2) · 8-K (2) · spac (2) · ipo (2)

Key Numbers

• Trust Account Balance: $62.17M — Amount in Trust Account as of December 22, 2025, before redemptions
• Estimated Redemption Price: $10.35 — Per-share price for public share redemption if extension is approved
• Market Price (Record Date): $10.34 — Closing price of COLAR shares on Nasdaq on December 22, 2025
• Original Business Combination Deadline: Jan 22, 2026 — Current deadline for Columbus Acquisition Corp to complete a merger
• Extended Termination Date: Jan 22, 2027 — Proposed new deadline if extension proposals are approved
• Number of Monthly Extensions: 12 — Maximum number of one-month extensions available if proposals pass
• Maximum Monthly Extension Fee: $50,000 — Cost for each one-month extension for all remaining public shares
• Per-Share Monthly Extension Fee: $0.033 — Alternative cost for each one-month extension per remaining public share
• Outstanding Ordinary Shares: 7,944,290 — Total shares entitled to vote as of December 22, 2025
• Charter Amendment Vote Threshold: 2/3 — Required majority for the Charter Amendment Proposal
• Total Assets: $62.3M — Increased from $200,034 at December 31, 2024, primarily due to IPO proceeds.
• Net Income (9 months): $1.11M — Significant turnaround from a $60,403 net loss in the prior year's inception period.
• Business Combination Deadline: Jan 22, 2026 — Critical date for completing an acquisition or facing redemption.
• Public Shares: 6,000,000 — Issued in the IPO, subject to possible redemption.
• Basic and Diluted Net Income Per Share (9 months): $0.15 — Reflects the company's profitability from interest income.

Related Companies

COLAU · COLA

Frequently Asked Questions