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Introductory Note On October 1, 2026 (the “Closing Date”), Columbus Acquisition Corp, a Cayman Islands exempted company (“CAC”) and WISeSat.Space Holdings Corp., a British Virgin Islands business company (“Pubco”) consummated (the “Closing”) the previously announced business combination (the “Business Combination”), pursuant to that certain business combination agreement, dated as of Novemer 9, 2025 (as amended on August 6, 2026, the “Business Combination Agreement”) by and among (i) CAC, (ii) Pubco, (iii) WISeSat Merger Sub Corp., a Cayman Islands exempted company and a wholly owned subsidiary of Pubco (“Merger Sub”), (iv) WISeSat.Space Corp., a British Virgin Islands business company (the “Target”), (v) WISeKey International Holding Ltd., a Swiss company, (vi) pursuant to a Joinder Agreement, dated as of December 12, 2025, SEALSQ Corp, a British Virgin Islands business company, and (vii) pursuant to a Joinder Agreement, dated as of September 30, 2026, Maxim Partners LLC (“Maxim” “Maxim” and together with WISeKey and SEALSQ, the “Sellers”). Pursuant to the Closing, CAC merged with and into Merger Sub, with CAC surviving such merger (the “Merger”), and each of CAC and the Target became direct, wholly-owned subsidiaries of Pubco.
In connection to the Closing of the Business Combination, Pubco’s ordinary shares (“Pubco Ordinary Shares”) began trading on The Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbol “SAIQ,” on October 2, 2026.
Item 1.01. Entry into a Material Definitive
Agreement
Item 2.01. Completion of Acquisition or Disposition of Assets.
The information set forth the Introductory Note of this Current Report on Form 8-K is incorporated herein by reference in its entirety. On October 1, 2026, pursuant to the Business Combination Agreement, the following transactions occurred at the effective time of the Merger (the “Effective Time”):
(a) Pubco acquired all of the issued and outstanding ordinary shares, no par value of the Target and Class F ordinary shares of the Target in exchange for Pubco Ordinary Shares and Class F ordinary shares, no par value, of Pubco (“Pubco Class F Shares,” collectively, with Pubco Ordinary Shares, “Pubco Shares”), with the Target becoming a wholly owned subsidiary of Pubco and each shareholder of the Target becoming a shareholder of Pubco; and (b) Merger Sub merged with and into CAC, with CAC continuing as the surviving company, as a result of which, CAC became a wholly owned subsidiary of Pubco.
As previously disclosed, in connection with the special meeting of CAC stockholders, which special meeting was held on September 30, 2026 (the “Special Meeting”), the public stockholders of CAC had the right to elect to redeem all or a portion of their common stock of CAC (“Public Shares”)
for a per share price calculated in accordance with the amended and restated certificate of incorporation of CAC as of the Closing. 2,515,182 Public Shares were redeemed in connection with the Special Meeting for the Business Combination.
Immediately following the consummation of the Business Combination, on October 1, 2026, the issued share capital of Pubco consisted of 16,818,772 Pubco Ordinary Shares and 12,997,400 Pubco Class F Shares.
The Pubco Ordinary Shares commenced trading on Nasdaq under the ticker symbol “SAIQ” on October 2, 2026.
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing; Material Modification to Rights of Security Holders.
The information set forth the Introductory Note of this Current Report on Form 8-K is incorporated herein by reference in its entirety.
On October 1, 2026, in connection with the consummation of the Business Combination, Pubco notified Nasdaq that the Business Combination had become effective and requested that Nasdaq file a Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), on Form 25 (the “Form 25”) to notify the SEC that CAC’s ordinary shares, rights and units were to be delisted and deregistered under Section 12(b) of the Exchange Act. As a result of the Business Combination having become effective, Nasdaq determined to permanently suspend trading of CAC’s ordinary shares, rights and units prior to the opening of trading on October 2, 2026. The deregistration will become effective 10 days from the filing of the Form 25, which occurred on October 1, 2026. CAC intends to file a Form 15 with the SEC in order to complete the deregistration of CAC’s securities under the Exchange Act.
Item 3.03. Material Modifications to Rights of Security Holders.
To the extent required by
The information set forth the Introductory Note of this Current Report on Form 8-K is incorporated herein by reference in its entirety. To the extent required by
Item 5.02 of Form 8-K, the disclosure set forth in Item 5.01 of this Current Report on Form 8-K is incorporated by reference in this Item 5.02.
In connection with the consummation of the Business Combination, each of Fen “Eric” Zhang, Jie “Janet” Hu, Cameron R. Johnson, Kevin McKenzie and Qian “Hebe” Xu ceased to be director and/or officers of CAC. Carlos Moreira was appointed as the sole director of CAC concurrently with the consummation of the Business Combination.
Following the consummation of the Business Combination, Carlos Moreira, Gwenael Rouy-Poirier, David Fergusson, Peter Ward, Cristina Dolan, Philippe D. Monnier, and Cameron R. Johnson were appointed to serve as directors of Pubco, and the board of directors of Pubco appointed the following officers:
Carlos Moreira as Chief Executive Officer and Gwenael Rouy-Poirier as Chief Financial Officer.
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
The information set forth the Introductory Note of this Current Report on Form 8-K is incorporated herein by reference in its entirety.
On October 1, 2026, CAC and WISeSat.Space Holdings Corp. completed the business combination, with CAC and WISeSat.Space Corp. becoming Pubco’s wholly owned subsidiaries.¶1¶2
CAC public stockholders redeemed 2,515,182 Public Shares, and immediately after closing Pubco had 16,818,772 Pubco Ordinary Shares and 12,997,400 Pubco Class F Shares.¶3¶4
Nasdaq permanently suspended trading of CAC’s ordinary shares, rights and units before trading opened on October 2, 2026, when Pubco Ordinary Shares began trading under the ticker symbol “SAIQ”.¶5¶6¶7
Following the business combination, Carlos Moreira became Pubco’s chief executive officer and Gwenael Rouy-Poirier became its chief financial officer, and seven directors were appointed to Pubco’s board.¶8¶9¶10