Columbus Acquisition Corp (COLAU) Prices $60M IPO
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.