Columbus Acquisition Corp/Cayman Islands 8-K

What Happened

• Columbus Acquisition Corp (a Cayman Islands exempted company) held an Extraordinary General Meeting on January 16, 2026 and shareholders approved a Second Amended and Restated Memorandum and Articles of Association (the "Amended Charter") to allow the company to extend its deadline to complete a business combination.
• The Amended Charter preserves the original deadline of January 22, 2026 and permits the company to elect up to twelve one‑month extensions (Monthly Extensions), extending the latest deadline to January 22, 2027. On the same date the company and Continental Stock Transfer & Trust Company executed an amendment to the Investment Management Trust Agreement requiring the Trustee to commence liquidation of the Trust Account in accordance with the timing set by the Amended Charter.

Key Details

• Extraordinary General Meeting date: January 16, 2026; record date: December 22, 2025.
• Shares outstanding at record date: 7,944,290; ~79.97% of shares were represented at the meeting.
• Vote results (both proposals): For 5,164,299; Against 1,188,717; Abstain 0.
• Redemptions: 3,449,851 Ordinary Shares were tendered for redemption in connection with the vote; post-redemption shares outstanding: 4,494,439, including 2,550,149 held by public shareholders.
• Trustee: Continental Stock Transfer & Trust Company; Trust Agreement amendment dated January 16, 2026 (filed as Exhibit 10.1).

Why It Matters

• The charter change gives the SPAC more time—up to an additional 12 months—to complete a business combination, delaying the hard deadline that would have otherwise forced liquidation on January 22, 2026.
• The trust amendment aligns the Trustee’s liquidation timing with the new charter timeline, affecting when investors might receive trust proceeds if no merger is completed.
• A large number of shares were redeemed at the vote, materially reducing the public float and the company’s outstanding shares, which can affect potential deal dynamics and remaining trust assets.