Columbus Acquisition issues $25,000 unsecured promissory note to sponsor Hercules Capital Management VII Corp
COLA•Columbus Acquisition issued its sponsor a $25,000 unsecured promissory note on Aug. 30, 2026, to fund half of a $50,000 extension fee. A second $50,000 fee was deposited on Sept. 22, extending the deal deadline to Oct. 22, 2026.
1. Deadline extensions
Columbus Acquisition issued an unsecured promissory note for $25,000 to sponsor Hercules Capital Management VII on Aug. 30, 2026. The note funded half of a $50,000 monthly extension fee deposited into the trust account, extending the deal deadline to Sept. 22.
2. Fees split evenly
A second $50,000 extension fee was deposited on Sept. 22, extending the deadline to Oct. 22, 2026. Under the Nov. 9, 2025 business combination agreement, the extension fees were split evenly between the sponsor and merger target WISeSat.Space.
