Press Releases September 11, 2026 08:00 AM

Columbus Acquisition Corp Announces Adjournment of Extraordinary General Meeting of the Shareholders

Columbus Acquisition Corp Adjourns Shareholder Meeting and Extends Redemption Deadline Amid Proxy Vote on Business Combination

By Derek Hwang
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Columbus Acquisition Corp, a US-based special purpose acquisition company (SPAC), announced that it adjourned its Extraordinary General Meeting without conducting any business, including the vote on its proposed business combination with WISeSat.Space Corp. The company will reschedule the meeting and set a new redemption deadline for shareholders. Investors are advised to review updated proxy materials and voting procedures.

Columbus Acquisition Corp Announces Adjournment of Extraordinary General Meeting of the Shareholders
CACQ
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Key Points

  • The Extraordinary General Meeting was adjourned without vote, delaying the approval of the business combination with WISeSat.Space Corp.
  • The company will announce a new meeting date and extend the redemption deadline, affecting shareholder voting rights and redemption options.
  • Approximately $10.66 per share remains in trust as of early September, preserving shareholder interests during the adjournment.

New York, Sept. 11, 2026 (GLOBE NEWSWIRE) -- Columbus Acquisition Corp (the “Company”), a blank check company, today announced that it convened its Extraordinary General Meeting of the Shareholders (the “Meeting”) and immediately adjourned the Meeting, without conducting any business.

The Meeting was adjourned as to all of the proposals contained in the Company’s definitive proxy statement filed with the Securities and Exchange Commission (“SEC”) on August 19, 2026, including any amendments or supplements thereto (the “Proxy Statement”), including the proposal to approve the proposed business combination with WISeSat.Space Corp.

The Company will announce the date of the reconvened Meeting, and a new redemption deadline (the “Extended Redemption Deadline”), in the coming days. Public shareholders seeking to exercise their redemption rights must complete the procedures described in the Proxy Statement by the Extended Redemption Deadline. As of September 8, 2026, there was approximately $10.66 per share in trust.

The record date for determining the Company shareholders entitled to receive notice of and to vote at the Meeting remains the close of business on August 17, 2026 (the “Record Date”). Shareholders as of the Record Date are eligible to vote, even if they have subsequently sold their shares.
  
If you have already voted, you do not need to vote again unless you would like to change or revoke your prior vote on any proposal.

If you have already submitted a proxy and do not wish to change your vote, you need not take any further action. If you have submitted a proxy and wish to change your vote, you may revoke your proxy at any time before it is exercised at the Meeting as provided in the Proxy Statement. Please note, however, that if your shares are held in street name by a broker or other nominee and you wish to revoke a proxy, you must contact the broker or nominee to revoke any prior voting instructions.

The Company’s shareholders who have questions regarding the adjournment, or the Meeting, or would like to request documents may contact the Company’s proxy solicitor, Advantage Proxy, Inc., at:

Advantage Proxy, Inc. P.O. Box 10904
Yakima, WA 98909
Individuals call toll-free 1-877-870-8565
Banks and brokers call 1-206-870-8565
Email: [email protected]

In addition, shareholders who have already submitted a redemption request with respect to the shares held by them may withdraw such request by contacting our transfer agent. If you would like to change or revoke your prior vote on any proposal, or reverse a redemption request, please refer to the Proxy Statement for additional information on how to do so.

In connection with the adjournment of the Meeting and the extension of the redemption deadline, the Company is concurrently filing with the Securities and Exchange Commission (“SEC”) definitive additional materials on Schedule 14A, consisting of a supplement dated September 11, 2026 (the “Supplement”) to the Proxy Statement. Shareholders are encouraged to read the Supplement together with the Proxy Statement.

About Columbus Acquisition Corp

Columbus Acquisition Corp is a blank check company, also commonly referred to as a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Columbus is led by Fen “Eric” Zhang, Chairman and Chief Executive Officer, and Jie “Janet” Hu, Chief Financial Officer, who are growth-oriented executives with a long track record of value creation across industries. 

Forward Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, including but not limited to the date of the Meeting, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Additional Information and Where to Find It

On August 19, 2026, the Company filed a definitive proxy statement with the SEC in connection with its solicitation of proxies for the Meeting. INVESTORS AND SECURITY HOLDERS OF THE COMPANY ARE URGED TO READ THE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND OTHER DOCUMENTS THE COMPANY FILES WITH THE SEC CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the definitive proxy statement (including any amendments or supplements thereto) and other documents filed with the SEC through the website maintained by the SEC at www.sec.gov or by contacting the Company’s proxy solicitor.

Participants in the Solicitation

The Company and its respective directors and officers may be deemed to be participants in the solicitation of proxies from shareholders in connection with the Meeting. Additional information regarding the identity of these potential participants and their direct or indirect interests, by security holdings or otherwise, is set forth in the definitive proxy statement. You may obtain free copies of these documents using the sources indicated above.

Contact

Fen Zhang
Chairman and Chief Executive Officer
Email: [email protected]
Tel: (+1) 949 899 1827 


Risks

  • Delay in shareholder approval of the business combination may lead to uncertainty regarding the completion of the deal, potentially affecting investor confidence in the SPAC sector.
  • Extended redemption period could increase redemption requests, impacting available funds for the planned business combination.
  • As a blank check company, Columbus Acquisition Corp faces inherent risks including deal execution and market acceptance, especially in the evolving space/technology industry relevant to WISeSat.Space Corp.

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