- 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
- Business
- SPACSphere Acquisition Corp. Rights (SSACR) is a Cayman Islands–incorporated, blank-check company formed to pursue a merger, share exchange, asset acquisition, reorganization, or other business combination within its stated sectors. The company focuses on opportunities in digital assets, technology, and healthcare, and aims to create value through a strategic combination with a target operating within these industries. It is led by a management team with extensive experience in private equity, venture capital, SPACs, and cross-border listings, and operates with a Nasdaq-listed vehicle that separates into distinct trading instruments for investors.
Founding and headquarters: founded in 2026; headquarters in Paris, Île-de-France, France, to coordinate international deal sourcing and regulatory compliance. Primary business activity centers on identifying, evaluating, and consummating a business combination with one or more target entities, leveraging its sector focus to target high-growth or transformative opportunities in digital assets, technology, and healthcare.
Main Products and Services:
- IPO and SPAC vehicle services: provision of a listed blank-check entity with funds raised for potential acquisitions; creation of a fiduciary structure to hold and deploy trust proceeds for a business combination; ongoing governance and investor communication related to the SPAC lifecycle
- Investment and deal sourcing: target screening, due diligence, and deal evaluation across technology, digital assets, and healthcare sectors; collaborative partner engagement and strategic advisory support for potential mergers or acquisitions
- Capital allocation and financing instruments: management of proceeds held in trust for future transactions; issuance and trading of units, shares, warrants, and rights related to the SPAC vehicle; ongoing liquidity and shareholder rights management
- Governance and regulatory compliance: corporate governance oversight, SEC/regulatory coordination, and financial reporting for the SPAC structure; ongoing compliance with listing standards and target-transaction disclosures
- Investor relations and market communication: dissemination of disclosures, investor updates, press releases, and milestone announcements; guidance on unit separations and trading mechanics as securities become deconsolidated
Latest Major Company Changes:
- Availability of separate trading for components of IPO units (Class A shares, warrants, and rights) with specified tickers SSAC, SSACW, and SSACR, enabling distinct market participation in February 2026
- Completion of its $172.5 million initial public offering, establishing a trust-based funding vehicle to pursue a targeted business combination and begin active deal sourcing
- Public disclosure of planned use of proceeds for pursuing mergers, share exchanges, or asset acquisitions within digital assets, technology, and healthcare; ongoing search for a suitable acquisition partner
- Appointment of a seasoned leadership team with SPAC and private equity background to guide strategy, governance, and deal execution in the company’s initial phase
- Regulatory and market updates surrounding IPO separation mechanics, liquidity management, and potential over-allotment exercises to support capital deployment plans
Additional Context:
- Industry and segments: SPAC/blank-check vehicles; targeted sectors include digital assets, technology, and healthcare
- Target markets: institutional and accredited investors seeking exposure to announced special purpose acquisition company opportunities; potential targets across North America and Europe, with emphasis on cross-border deal activity
- Geographic operations: listing and listing-related activities on the Nasdaq Global Market; operations and deal origination globally with an emphasis on U.S. markets and international targets
- Subsidiaries/parent: SPACSphere Acquisition Corp. operates as a standalone listed vehicle; no disclosed parent company, with governance structured under Cayman Islands corporate law and U.S. listing compliance
- Founding year and headquarters: 2026; headquarters in Paris, France, serving as strategic hub for international deal sourcing and regulatory alignment
Note: All details reflect public disclosures related to SPACSphere Acquisition Corp. Rights and its SPAC vehicle as of early 2026, including unit separation, IPO completion, and ongoing SPAC lifecycle activities.