Columbus Acquisition Corp Receives NYSE American Delisting Notice

Columbus Acquisition Corp, a Cayman Islands-incorporated special purpose acquisition company with CIK 0002028201, told the SEC on June 1, 2026 that it had received formal notice from NYSE American that it no longer satisfies a listing rule.

The Form 8-K discloses only Item 3.01 — Notice of Delisting or Failure to Satisfy a Listing Rule. Per the filing, NYSE American determined the company is noncompliant with one or more continued listing standards. The notice triggers a standard NYSE American cure process that gives the company a defined window to submit a plan to regain compliance or appeal the determination.

No specific listing rule violated or exact cure-period length is detailed in the public 8-K, but standard NYSE American procedures for SPACs typically require remediation within 30 to 90 days depending on the deficiency. Failure to cure or secure an extension results in suspension of trading and formal delisting.

Operationally the company moves from presumed continued listing to probationary status. Its securities remain listed for the time being but carry heightened delisting risk. Management must now decide whether to pursue a business combination that restores compliance, request a hearing before a NYSE American hearings panel, or allow the shares to be moved to OTC markets.

Downstream, the delisting notice forces the SPAC to accelerate disclosure of any pending de-SPAC transaction, merger agreement, or extension vote. Sponsors and directors face immediate pressure to file any material update on Form 8-K or Schedule 14A.

If the company cannot regain compliance, its public float will trade on over-the-counter venues, reducing visibility to institutional investors, eliminating Rule 144A eligibility for certain debt, and triggering contractual review clauses in any signed merger agreement that reference NYSE American listing status.

Separate SEC filings will be required to document the outcome of any compliance plan or appeal.

This marks the latest instance of a Cayman Islands SPAC hitting a listing-rule trigger after the 2024-2025 wave of SPAC IPOs that listed on NYSE American. The original listing standards for such vehicles were set under NYSE American Company Guide Sections 1000-1003, which require minimum shareholders’ equity, share price, and public float thresholds that many post-IPO SPACs breach when extensions or redemptions erode their balance sheets.