Columbus Acquisition Issues $25,000 Convertible Note to WISeSat to Extend SPAC Deadline
Columbus Acquisition (COLA) issued a $25,000 unsecured, zero-interest convertible promissory note to WISeSat.Space. This note funds half of a monthly trust deposit, extending the SPAC's business combination deadline to June 22, 2026. The note is convertible into private units at $10.00 each or, under specific termination conditions, into post-combination shares at $5.00 per share.