Columbus Acquisition Corp. Files 8-K with Key Corporate Updates
Ticker: COLAR · Form: 8-K · Filed: Jan 28, 2025 · CIK: 2028201
| Field | Detail |
|---|---|
| Company | Columbus Acquisition CORP/Cayman Islands (COLAR) |
| Form Type | 8-K |
| Filed Date | Jan 28, 2025 |
| Risk Level | medium |
| Pages | 7 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.0001, $10.00, $60,000,000, $2,342,900, $0.0145 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, equity-securities, corporate-governance
TL;DR
Columbus Acquisition Corp. filed an 8-K detailing a material definitive agreement, equity sales, and board changes.
AI Summary
Columbus Acquisition Corp. announced on January 22, 2025, that it entered into a material definitive agreement. The company also reported on unregistered sales of equity securities, changes in its board of directors and officers, and amendments to its articles of incorporation or bylaws. The filing also covers other events and financial statements/exhibits.
Why It Matters
This 8-K filing signals significant corporate actions by Columbus Acquisition Corp., including a material definitive agreement and potential equity issuances, which could impact its stock and future business operations.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement and unregistered sales of equity, which can introduce financial and operational risks.
Key Players & Entities
- Columbus Acquisition Corp. (company) — Registrant
- January 22, 2025 (date) — Date of earliest event reported
- Cayman Islands (location) — Jurisdiction of incorporation
FAQ
What is the nature of the material definitive agreement entered into by Columbus Acquisition Corp.?
The filing indicates the entry into a material definitive agreement but does not provide specific details about its nature in the provided text.
What were the key items reported in the 8-K filing dated January 22, 2025?
The key items reported include entry into a material definitive agreement, unregistered sales of equity securities, departure/election of directors/officers, amendments to articles of incorporation/bylaws, other events, and financial statements/exhibits.
What is the SIC code for Columbus Acquisition Corp.?
The Standard Industrial Classification (SIC) code for Columbus Acquisition Corp. is 6770, which corresponds to 'BLANK CHECKS'.
Where is Columbus Acquisition Corp. headquartered?
Columbus Acquisition Corp.'s business and mailing addresses are listed as 89 Nexus Way, Camana Bay, Grand Cayman, E9, KY1-9009.
What is the SEC file number for Columbus Acquisition Corp.?
The SEC file number for Columbus Acquisition Corp. is 001-42485.
Filing Stats: 2,092 words · 8 min read · ~7 pages · Grade level 12 · Accepted 2025-01-28 16:13:46
Key Financial Figures
- $0.0001 — nits, consisting of one ordinary share, $0.0001 par value, and one Right to acquire one
- $10.00 — Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of
- $60,000,000 — per Unit, generating gross proceeds of $60,000,000. Substantially concurrently with the
- $2,342,900 — rating gross proceeds to the Company of $2,342,900. The Private Units are identical to the
- $0.0145 — Sponsor for such shares, approximately $0.0145 per share, pursuant to a certain securi
- $100,000 — aced in the trust account. Except up to $100,000 of interest earned on the funds in the
Filing Documents
- ea0228739-8k_columbus.htm (8-K) — 69KB
- ea022873901ex1-1_columbus.htm (EX-1.1) — 223KB
- ea022873901ex3-1_columbus.htm (EX-3.1) — 582KB
- ea022873901ex4-1_columbus.htm (EX-4.1) — 51KB
- ea022873901ex10-1_columbus.htm (EX-10.1) — 32KB
- ea022873901ex10-2_columbus.htm (EX-10.2) — 70KB
- ea022873901ex10-3_columbus.htm (EX-10.3) — 105KB
- ea022873901ex10-4_columbus.htm (EX-10.4) — 90KB
- ea022873901ex10-5_columbus.htm (EX-10.5) — 55KB
- ea022873901ex10-6_columbus.htm (EX-10.6) — 78KB
- ea022873901ex10-7_columbus.htm (EX-10.7) — 13KB
- ea022873901ex99-1_columbus.htm (EX-99.1) — 9KB
- ea022873901ex99-2_columbus.htm (EX-99.2) — 10KB
- 0001213900-25-007548.txt ( ) — 1388KB
01 Entry
Item 1.01 Entry into a Material Definitive Agreement On January 22, 2025, the Registration Statement on Form S-1 (File No. 333-283278) (the "Registration Statement") relating to the initial public offering (the "IPO") of Columbus Acquisition Corp (the "Company") was declared effective by the U.S. Securities and Exchange Commission. On January 24, 2025, the Company consummated the IPO of 6,000,000 units (the "Units"). Each Unit consists of one ordinary share, $0.0001 par value per share (each, an "Ordinary Share"), and one right (each, a "Right"), each one Right entitling the holder thereof to exchange for one-seventh of one Ordinary Share upon the completion of the Company's initial business combination. The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $60,000,000. Substantially concurrently with the closing of the IPO, the Company completed the private sale of 234,290 units (the "Private Units") to the Company's sponsor, Hercules Capital Management VII Corp (the "Sponsor"). Each Private Unit consists of one Ordinary Share and one Right. The Private Units were sold at a purchase price of $10.00 per Private Unit, generating gross proceeds to the Company of $2,342,900. The Private Units are identical to the Units sold in the IPO, subject to limited exceptions as described in the Registration The Company also issued to the A.G.P./Alliance Global Partners, the representative of the underwriters of the IPO (the "Representative"), 210,000 Ordinary Shares as part of the underwriting compensation (the "Representative Shares") on the closing of the IPO. The Representative Shares are identical to the Ordinary Shares included in the Units, except that the Representative has agreed not to transfer, assign, sell, pledge, or hypothecate any such Representative Shares, or subject such Representative Shares to hedging, short sale, derivative, put or call transaction that would result in the economic disposition of the securi
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Columbus Acquisition Corp By: /s/ Fen Zhang Name: Fen Zhang Title: Chief Executive Officer Date: January 28, 2025 4