securities registered pursuant to section 12(b) of the act: indicate by check mark whether the registrant has (1) filed all reports required to be filed by section 13 or 15(d) ofthe securities exchange act of 1934 during the preceding 12 months (or for such shorter period that the registrantwas required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. yes☒no☐ indicate by check mark whether the registrant has submitted electronically every interactive data file required to besubmitted pursuant to rule 405 of regulation s-t (clso§232.405 of this chapter) during the preceding 12 months (orfor such shorter period that the registrant was required to submit such files). yes☒no☐ indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer,or a smaller reporting company, or an emerging growth company. see the definitions of “large accelerated filer,”“accelerated filer,” “smaller reporting company” and “emerging growth company” in rule 12b-2 of the exchangeact. large accelerated filer☐accelerated filer☐non-accelerated filer☒smaller reporting company☒emerging growth company☒ if an emerging growth company, indicate by check mark if the registrant has elected not to use the extendedtransition period for complying with any new or revised financial accounting standards provided pursuant to section13(a) of the exchange act.☐ indicate by check mark whether the registrant is a shell company (as defined in rule 12b-2 of the exchange act).yes☒no☐ as of may 15, 2025 , there were 7,944,290 ordinary shares, par value $0.0001 per share, issued and outstanding. columbus acquisition corpform 10-qfor the quarterly period ended march 31, 2025 table of contents pagepart i.financial information1item 1.financial statements (unaudited)1condensed balance sheets as of march 31, 2025 (unaudited) and december 31, 20241unaudited condensed statements of operations for the three months ended march 31, 2025and for the period from january 18, 2024 (inception) to march 31, 20242unaudited condensed statements of changes in shareholders’ equity (deficit) for the threemonths ended march 31, 2025 andfor the period from january 18, 2024 (inception) tomarch 31, 20243unaudited condensed statements of cash flows for the three months ended march 31, 2025and for the period from january 18, 2024 (inception) to march 31, 20244notes to unaudited condensed financial statements5item 2.management’s discussion and analysis of financial condition and results of operations17item 3.quantitative and qualitative disclosures about market risk21item 4.controls and procedures21part iiother information22item 1.legal proceedings22item 1a.risk factors22item 2.unregistered sales of equity securities and use of proceeds22item 3.defaults upon senior securities22item 4.mine safety disclosures22item 5.other information22 part i – financial information march 31,2025(unaudited)december31,2024 total liabilities, shares subject to possible redemption, and shareholders’equity (deficit) (1)ordinary shares have been retroactively restated to reflect the sponsor’s forfeiture of 225,000 founder shareson march 10, 2025 for no consideration as the underwriters of the ipo did not exercise the over-allotmentoption. the accompanying notes are an integral part of these unaudited condensed financial statements. columbus acquisition corpunaudited condensed statements of operations (1)ordinary shares have been retroactively restated to reflect the sponsor’s forfeiture of 225,000 founder shareson march 10, 2025 for no consideration as the underwriters of the ipo did not exercise the over-allotmentoption. the accompanying notes are an integral part of these unaudited condensed financial statements. columbus acquisition corpunaudited condensed statements of changes in shareholders’ equity (deficit) for the three months ended march 31, 2025 (1)ordinary shares have been retroactively restated to reflect the sponsor’s forfeiture of 225,000 founder shareson march 10, 2025 for no consideration as the underwriters of the ipo did not exercise the over-allotmentoption. the accompanying notes are an integral part of these unaudited condensed financial statements. columbus acquisition corpunaudited condensed statements of cash flows columbus acquisition corpnotes to unaudited condensed financial statementsmarch 31, 2025 note 1 — organization, business operation and going concern consideration columbus acquisition corp (the “company”) is a blank check company incorporated in the cayman islands onjanuary 18, 2024. the company was formed for the purpose of effecting a merger, share exchange, assetacquisition, share purchase, recapitalization, reorganization or similar business combination with one or morebusinesses or entities (the “business combination”). the company’s efforts to identify a prospective target businesswill not be limited to a particular industry or geographic loc