Columbus Acquisition Corp (COLAU) Prices $60M IPO
by Nicholas Alan Clayton on 2025-01-22 at 6:19pm

Columbus Acquisition Corp. (NASDAQ:COLAU) announced the pricing of its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “COLAU”, Thursday, January 23, 2025.

The new SPAC intends to conduct a broad search for a target company without a focus on any particular industry or geography.

Columbus’ sponsor team is led by Chairman and Chief Executive Officer Fen Zhang, and Chief Financial Officer Jie Hu. M. Anthony Wong, Qian Xu and Kevin McKenzie will serve on its Board of Directors.

Total SPAC deal count for 2025 year-to-date is now 5. This offering is expected to close on Friday, January 24, 2025.


A.G.P./Alliance Global Partners is acting as the sole book-running manager for the offering. The Benchmark Company, LLC is acting as the co-manager for the offering. Robinson+Cole LLP is serving as Issuer’s Counsel with Sichenzia Ross Ference Carmel LLP serving as Underwriter’s Counsel. Marcum Asia CPAs LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.

Recent Posts
by Nicholas Alan Clayton on 2025-01-22 at 6:19pm

Columbus Acquisition Corp. (NASDAQ:COLAU) announced the pricing of its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “COLAU”, Thursday, January 23, 2025. The new SPAC intends to conduct a broad search for a target company without a focus on any particular industry or geography. Columbus’ sponsor...

by Nicholas Alan Clayton on 2025-01-22 at 11:50am

Silver Pegasus Acquisition Corp. (NASDAQ:SPEGU) has filed for a $150 million SPAC with Roth Capital Partners underwriting the offering. The new SPAC is laser-focused on finding a semiconductor or “systems solutions” target, which is an intriguing space given that the sector has been in the crosshairs of trade restrictions by nearly all countries involved. That...

by Nicholas Alan Clayton on 2025-01-22 at 8:17am

At the SPAC of Dawn  Space de-SPACs have been among the big winners from the market’s initial parsing of the Trump administration 2.0’s policy priorities, with Rocket Lab (NASDAQ:RKLB) gaining +30%, Redwire (NYSE:RDW) +51% and Intuitive Machines (NASDAQ:LUNR) +23.9%. Redwire got the double boost of Trump’s bullish words on space and also the announcement that...

by Nicholas Alan Clayton on 2025-01-21 at 1:52pm

Iron Horse Acquisitions Corp. II has filed for a $250 million SPAC with D. Boral Capital underwriting under its new name. D. Boral emerged in November from a messy dispute at the top of investment bank EF Hutton that was concluded with Joseph Rallo taking the EF Hutton trademark and departing the firm while David...

by Nicholas Alan Clayton on 2025-01-21 at 8:16am

At the SPAC of Dawn  This shortened trading week could be a rocky one as the market takes in the first wave of initiatives out of the new US administration and will have what are technically the first Trump 2.0 jobs numbers released on Thursday. It should be somewhat quieter for SPACs working through their...

logo

Copyright © 2023 SPACInsider, Inc. All Rights Reserved