WISeSat.Space Holdings Corp., a British Virgin Islands business company known as Pubco, has completed its previously announced business combination with Columbus Acquisition Corp. The closing took place on October 1, 2026, after Columbus shareholders approved the transaction at an extraordinary general meeting on September 30, 2026. The combined company will begin trading on the Nasdaq on October 2, 2026, under the ticker symbol SAIQ.
Business Combination Completion
The business combination represents a significant milestone for WISeSat and Columbus Acquisition Corp. All remaining closing conditions of the transaction were satisfied or waived among the parties on October 1, 2026, before the closing was finalized. Under the terms of the agreement, the ordinary shares of Pubco, the combined company following the business combination, will commence trading on the Nasdaq under the ticker symbol SAIQ.
Shareholder Approval and Market Listing
Columbus Acquisition Corp. shareholders approved the business combination at an extraordinary general meeting held on September 30, 2026. The approval cleared the way for the completion of the transaction and the subsequent listing of the combined company. Trading in the ordinary shares of Pubco is scheduled to begin on October 2, 2026, giving public market investors access to the newly formed space technology company.
Strategic Rationale
The transaction combines WISeSat's secure satellite communications capabilities with the public market platform provided by Columbus Acquisition Corp. The combined company intends to leverage its cybersecurity and digital identity technologies to support trusted Internet of Things applications. This structure is designed to provide the resources and visibility needed to pursue growth in the space technology sector.
Advisory Team
Maxim Group LLC served as WISeSat's financial advisor for the business combination. Ellenoff Grossman & Schole LLP provided legal counsel to WISeSat, and Harney Westwood & Riegels (BVI) LP represented the company as British Virgin Islands legal counsel. Loeb & Loeb LLP represented Columbus Acquisition Corp. as legal counsel, Ogier served as Cayman legal counsel, and The Equity Group, Inc., acted as WISeSat's strategic communications advisor.
About WISeSat
WISeSat is a space technology company focused on secure satellite communications for Internet of Things applications. The company combines satellite infrastructure with cybersecurity and digital identity technologies to support trusted communications between connected devices and ground-based systems. Its listing on Nasdaq is expected to enhance visibility for its integrated approach to satellite connectivity and secure data transmission.
About Columbus Acquisition Corp.
Columbus Acquisition Corp. is a blank check company, commonly referred to as a special purpose acquisition company or SPAC. The company was formed to effect 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 track record of value creation across industries.
The completion of the business combination positions WISeSat to advance its secure satellite communications strategy as a Nasdaq-listed company. The transaction provides the combined company with a public market platform to support its Internet of Things connectivity ambitions and broader growth objectives. Investors and industry observers will now focus on the company's execution following its debut under the ticker symbol SAIQ.