Columbus Acquisition Corp Announces Pricing of $60 Million Initial Public Offering
23 Januar 2025 - 12:17AM
Columbus Acquisition Corp (the “Company”), a blank check company
incorporated in the Cayman Islands, today announced the pricing of
its initial public offering of 6,000,000 units at a price of $10.00
per unit. Each unit consists of one ordinary share and one right to
receive one-seventh of one ordinary share upon consummation of an
initial business combination. The units are expected to trade on
The Nasdaq Global Market (“NASDAQ”) under the ticker symbol “COLAU”
beginning January 23, 2025. Once the securities comprising the
units begin separate trading, the ordinary shares and rights are
expected to be listed on NASDAQ under the symbols “COLA” and
“COLAR,” respectively. The offering is expected to close on January
24, 2025, subject to customary closing conditions.
The Company has granted the underwriters a
45-day option to purchase up to 900,000 units at the initial public
offering price to cover over-allotments, if any.
A.G.P./Alliance Global Partners is acting as the
sole book-running manager for the offering. The Benchmark Company,
LLC is acting as the co-manager for the offering.
A registration statement relating to the
securities, as amended (File No. 333-283278) was declared effective
by the U.S. Securities and Exchange Commission (the “SEC”) on
January 22, 2025. The offering is being made only by means of a
prospectus forming part of the effective registration statement.
Electronic copies of the prospectus may be obtained from
A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor,
New York, NY 10022, or by telephone at (212) 624-2060, or by email
at prospectus@allianceg.com or by visiting EDGAR on the SEC’s
website at www.sec.gov.
This press release shall not constitute an offer
to sell or the solicitation of an offer to buy, nor shall there be
any sale of these securities in any state or jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction. No securities regulatory authority has
either approved or disapproved of the contents of this press
release.
About Columbus Acquisition
Corp
The Company is a blank check company
incorporated in the Cayman Islands, sponsored by Hercules Capital
Management VII Corp, formed for the purpose of effecting a merger,
share exchange, asset acquisition, share purchase,
recapitalization, reorganization or similar business combination
with one or more businesses or entities. The Company intends to
identify a prospective target business which will not be limited to
a particular industry or geographic location.
Forward-Looking Statements
This press release contains statements that
constitute “forward-looking statements,” including with respect to
the initial public offering and search for an initial business
combination. No assurance can be given that the offering discussed
above will be completed on the terms described, or at all, or that
the net proceeds of the offering will be used as indicated.
Forward-looking statements are subject to numerous conditions, many
of which are beyond the control of the Company, including those set
forth in the Risk Factors section of the Company's registration
statement and preliminary prospectus for the initial public
offering filed with the SEC. Copies are available on the SEC’s
website, www.sec.gov. The Company undertakes no obligation to
update these statements for revisions or changes after the date of
this release, except as required by law.
Contacts:
Columbus Acquisition CorpFen
ZhangChairman and Chief Executive OfficerEmail:
eric.zhang@hercules.globalTel: (+1) 949 899 1827