SPACSphere Acquisition Corp.
SSAC
NASDAQ Global Market10.00
USD
- -
- -
CIK
0002081300
ISIN
KYG8T0881094
CUSIP
G8T088109
Return %
Stock
S&P500
1Y
1.21
18.02
3Y
1.21
64.11
5Y
1.21
72.15
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Bala Padmakumar
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 8795 Folsom Blvd Sacramento CA United States of America 95826
- IPO Date
- Feb 27, 2026
- CIK
- 0002081300
- Website
- samsaraluggage.com
- Similar Companies
- Business
- SPACSphere Acquisition Corp. Class A Ordinary Shares (SSAC) operates as a Cayman Islands–incorporated blank check company formed to pursue a merger, share exchange, asset acquisition, reorganization, or similar business combination, with an initial focus on digital assets, technology, and healthcare sectors; it seeks to leverage a Nasdaq listing to access capital for growth opportunities, primarily through targeted acquisitions and partnerships within its stated industries. The company is led by a management team headed by CEO and Chairman Bala Padmakumar and CFO Soumen Das, and its IPO raised $172.5 million in proceeds to fund its search and eventual combination strategy; the trust structure remains a core component until a qualifying transaction is completed. The firm’s headquarters and incorporation are aligned with Cayman Islands domicile, with planned U.S. trading on Nasdaq Global Market under the SSACU/SSAC ticker framework, and a plan to deploy capital toward a merger or acquisition that aligns with its digital assets, technology, and healthcare focus. Founding year and establishment details reflect the pre-IPO formation in the years leading up to the 2026 public listing, and the company’s ongoing objective is to identify a suitable business combination partner within its target sectors. In addition to capital deployment, SPACSphere provides a vehicle for investors to participate in potential growth opportunities by supporting a merger, share exchange, or asset acquisition, subject to regulatory approvals and market conditions. The latest major changes include the closing of its IPO, the establishment of a structured trust, and the initiation of a search for acquisition targets in its priority sectors; ongoing developments may include partnerships, product or service line expansions via acquired entities, and potential reorganization or strategic refinements as it progresses toward a qualifying transaction. The company’s geographic footprint is centered on its Cayman Islands domicile with anticipated U.S. market activity on Nasdaq, and it maintains relationships with underwriters and advisors to support its listing and forthcoming business combination processes. The description covers core products and services as a SPAC vehicle, core focus areas for potential targets, and the latest capital-raising and strategic positioning elements intended to facilitate a future merger or acquisition.
Mobilewalla, a Leading Provider of Data-centric, Vertical Agentic AI solutions, to Go Public Through Business Combination With SPACSphere Acquisition Corp.