Columbus Acquisition Corp Rights
COLAR
NASDAQ Global Select0.55
USD
-0.02
- -
CIK
0002028201
ISIN
KYG2295P1155
Return %
Stock
S&P500
1Y
205.56
26.53
3Y
243.75
76.60
5Y
243.75
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Fen Zhang
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 14 Prudential Tower Singapore Singapore 049712
- IPO Date
- Jan 23, 2025
- CIK
- 0002028201
- Website
- columbusacquisition.com
- Similar Companies
- Business
- Columbus Acquisition Corp Rights (COLAR) represents the rights component of units issued by Columbus Acquisition Corp, a Cayman Islands-incorporated blank check company founded in 2024 and headquartered at 89 Nexus Way, Camana Bay, Grand Cayman; each right entitles the holder to receive one-seventh of one ordinary share upon consummation of an initial business combination, with separate trading of shares (COLA) and rights (COLAR) commencing March 17, 2025 following the company's $60 million initial public offering closed in January 2025. The company focuses exclusively on pursuing a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more target businesses or entities, without limitation to a specific industry or geographic region; it maintains no current operations, revenues, or employees, positioning it as a special purpose acquisition company (SPAC) sponsored by Hercules Capital Management VII Corp. In its latest major development, Columbus entered a definitive business combination agreement on November 9, 2025 with WISeKey International Holding AG's wholly owned subsidiary WISeSat.Space Corp, under which WISeSat shares will exchange for shares in a new British Virgin Islands holding company (Pubco, to be listed on Nasdaq as WISeSat.Space Holdings Corp), implying a $250 million equity valuation for WISeSat with WISeKey receiving 25 million Pubco shares, subject to Columbus shareholder approval and customary closing conditions expected in the first half of 2026.