Columbus Acquisition Corp/Cayman Islands COLA
company incorporated in the Cayman Islands on January 18, 2024, for the purpose of entering into a merger, share exchange, asset acquisition,
share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. Our efforts
to identify a prospective target business will not be limited to a particular industry or geographic location. We intend to utilize cash
derived from the proceeds of our initial public offering (the "IPO"), our securities, debt or a combination of cash, securities
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 |
|---|---|---|
| SG&A | $946.5K | $77.1K |
| Operating income | -$946.5K | -$77.1K |
| Pre-tax income | $1.3M | -$77.1K |
| Net income | $1.3M | -$77.1K |
| EPS, basic | — | -0.05 |
| EPS, diluted | — | -0.05 |
| Shares, diluted (wtd. avg.) | — | 1.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 |
|---|---|---|
| Cash and equivalents | $483.8K | — |
| Total current assets | $489.4K | — |
| Total assets | $62.7M | $200.0K |
| Accounts payable | $230.2K | $2.4K |
| Total current liabilities | $310.2K | $252.1K |
| Total liabilities | $310.2K | $252.1K |
| Retained earnings | $179.0K | -$77.1K |
| Total equity | $179.2K | -$52.1K |
Cash flow
| Fiscal year | FY2025 | FY2024 |
|---|---|---|
| Operating cash flow | -$582.9K | -$74.7K |
| Stock-based compensation | $61.5K | — |
| Investing cash flow | -$60.0M | — |
| Financing cash flow | $61.1M | $74.7K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001213900-26-031935.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2024 | FY2025 |
|---|---|---|
| Revenue | — | — |
| Gross profit | — | — |
| Net income | -$77.1K | $1.3M |
Recent filings and events
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Material agreement signed Item 1.01
- Material agreement signed Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- New debt or obligation Item 2.03
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Unregistered share sale Item 3.02
- Material agreement signed Item 1.01
- New debt or obligation Item 2.03
- Delisting notice The exchange has told the company it no longer meets the rules for staying listed - usually price, market cap, or filings that are late. Item 3.01
- Unregistered share sale Item 3.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 6770
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| DMII | Drugs Made In America Acquisition II Corp. | $649.1M | — | — |
| IACO | Idea Acquisition Corp. | $437.9M | — | — |
| KRAQ | KRAKacquisition Corp | $430.8M | — | — |
| TACO | Berto Acquisition Corp. | $393.2M | 36.1x | — |
| ALDF | Aldel Financial II Inc. | $328.0M | — | — |
| ATII | Archimedes Tech SPAC Partners II Co. | $290.3M | — | — |
| FGII | FG Imperii Acquisition Corp. | $290.3M | — | — |
| SOUL | Soulpower Acquisition Corp. | $269.3M | — | — |