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| BUS > SEC Filings for BUS > Form 8-K on 3-Apr-2009 | All Recent SEC Filings |
3-Apr-2009
Other Events, Financial Statements and Exhibits
On April 2, 2009, Columbus issued a press release announcing that its Board
of Directors has approved amendments to its certificate of incorporation (the
"Extension Amendments") extending the date by which it must complete a business
combination before it is required to be liquidated. The Extension Amendments are
subject to the approval of stockholders of Columbus holding a majority of the
outstanding common stock of Columbus. If approved by Columbus's stockholders,
the Extension Amendments would (i) extend the date by which the Corporation must
complete a business combination from May 18, 2009 to July 15, 2009, before it is
required to liquidate; and (ii) allow public holders of less than 50% of
Columbus's outstanding common stock, par value $0.0001 per share ("common
stock"), who vote against the Extension Amendments and elect conversion to
convert their common stock into a portion of the funds available in the trust
account. In connection with the Extension Amendments, the trust agreement
established in connection with Columbus's initial public offering ("IPO") would
be amended to extend the date by which the trust account established in
connection with the IPO must be liquidated from May 18, 2009 to July 15, 2009.
Columbus has filed a preliminary proxy statement with the Securities and
Exchange Commission (the "SEC") to solicit the approval of Columbus stockholders
of the Extension Amendments at a special meeting of stockholders (the "Special
Meeting") of Columbus. The record date and the date of the Special Meeting will
be announced at a later date.
The press release announcing the Extension Amendments is attached hereto as
Exhibit 99.1 and is incorporated herein by reference.
(d) Exhibits
Exhibit No. Description
99.1 Press Release issued by Columbus, dated April 2, 2009, announcing the
Extension Amendments.
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