Columbus Acquisition Corp Announces Closing of $60 Million Initial Public Offering

Group 1 - Columbus Acquisition Corp has successfully closed its initial public offering (IPO) of 6,000,000 units at a price of $10.00 per unit, resulting in aggregate gross proceeds of $60 million [1] - The units began trading on The Nasdaq Global Market under the ticker symbol "COLAU" on January 23, 2025, with ordinary shares and rights to be listed under "COLA" and "COLAR" respectively once they start separate trading [2] - The underwriters have been granted a 45-day option to purchase up to 900,000 additional units at the IPO price to cover over-allotments [3] Group 2 - Columbus Acquisition Corp is a blank check company incorporated in the Cayman Islands, sponsored by Hercules Capital Management VII Corp, aimed at effecting a merger, share exchange, asset acquisition, or similar business combination with one or more businesses or entities [6] - The company intends to identify a prospective target business without limitations on industry or geographic location [6]