WISeSat.Space completes business combination with Columbus Acquisition Corp

WISeSat.Space Holdings Corp. has completed its business combination with Columbus Acquisition Corp, a transaction that was approved by shareholders of the special purpose acquisition company on September 30, 2026. The closing occurred on October 1, 2026, after all remaining conditions were satisfied or waived by the parties. This merger brings the British Virgin Islands-based space technology company to the public markets through the Nasdaq exchange. The ordinary shares of the combined entity are scheduled to begin trading on October 2, 2026, under the ticker symbol SAIQ. WISeSat focuses on secure satellite communications for Internet of Things applications, a sector where infrastructure meets cybersecurity and digital identity technologies. The company aims to support trusted communications between connected devices and ground-based systems. Columbus Acquisition Corp, a blank check company formed to effect business combinations, is led by Fen "Eric" Zhang as Chairman and Chief Executive Officer and Jie "Janet" Hu as Chief Financial Officer. The executives are described as growth-oriented with a track record of value creation across various industries. Maxim Group LLC served as the financial advisor for WISeSat during the transaction process. Legal representation for WISeSat included Ellenoff Grossman & Schole LLP and Harney Westwood & Riegels (BVI) LP, the latter handling British Virgin Islands legal matters. Loeb & Loeb LLP acted as legal counsel for Columbus Acquisition Corp, while Ogier provided Cayman legal counsel. The Equity Group, Inc. served as the strategic communications advisor for WISeSat. Carlos Moreira serves as Chairman and CEO of WISeSat. The press release notes that forward-looking statements are included regarding the listing and other future events. These statements are based on current expectations of WISeSat's management and are subject to risks and uncertainties that may cause actual results to differ materially. WISeSat does not undertake a duty to update these statements except as required by law. The transaction marks a significant step for WISeSat as it transitions from a private entity to a publicly traded company on the Nasdaq.