SPACSphere Acquisition Corp.
SSACU
NASDAQ Global Market10.23
USD
+0.05
- -
CIK
0002081300
ISIN
KYG8T0881250
CUSIP
G8T088125
Return %
Stock
S&P500
1Y
2.10
15.98
3Y
2.10
62.25
5Y
2.10
67.55
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
- Financial - Conglomerates
- Address
- 8795 Folsom Blvd Sacramento CA United States of America 95826
- IPO Date
- Feb 6, 2026
- CIK
- 0002081300
- Website
- spacsphere.com
- Similar Companies
- Business
- SPACSphere Acquisition Corp. is a Cayman Islands–incorporated blank check company formed to effect a merger, share exchange, asset acquisition, reorganization or other similar business combination with one or more enterprises, with a focus on digital assets, technology and healthcare sectors. The company seeks to identify and consummate a business combination across these industries, leveraging management expertise and strategic relationships to pursue opportunities where its affiliates have core competencies. Headquarters are in the Cayman Islands, with planned primary listing on the Nasdaq Global Market under the ticker SSACU. Founding year and leadership: SPACSphere is established in 2025 under the leadership of Chief Executive Officer and Chairman Bala Padmakumar and Chief Financial Officer Soumen Das, who bring extensive private equity, venture capital and SPAC experience to the sourcing and execution process. The sponsor and advisors include D. Boral Capital LLC as the initial underwriter and strategic guidance partners aligned with SPACSphere’s targeted sectors. The company intends to utilize IPO proceeds to pursue a merger, share exchange, asset acquisition, reorganization or similar business combination, including potential equity or debt financing arrangements to support a completed transaction. Main products and services: SPACSphere solely offers a blank check vehicle’s core services, which include targeted identification and evaluation of acquisition targets, structuring of the business combination process, due diligence and valuation analysis, negotiation and execution of merger or acquisition agreements, capital formation and financing coordination, regulatory compliance and disclosure preparations, and post-transaction integration support as needed. The company may pursue opportunities across multiple industries but emphasizes digital assets, technology and healthcare as areas where management possesses notable expertise; it also retains flexibility to consider opportunities in related sectors and geographies to optimize value creation for shareholders and counterparties. Geographic and operational profile: While the entity is Cayman Islands–based for administrative and regulatory purposes, it intends to target opportunities both domestically in the United States and internationally, with a focus on markets where its management team and affiliates have established experience and networks. The organization plans to operate as a shell vehicle until a suitable business combination is identified, after which it will coordinate with participating investors, sponsors and advisors to execute the transaction and follow-on operational steps. Subsidiaries and corporate relationships: SPACSphere operates as a standalone SPAC with a purpose-built governance framework, and may establish or align with strategic operating partners, financial advisors and auditors to support its due diligence, execution and post-combination requirements. The company’s stock market activities, warrants and rights are expected to be traded on the Nasdaq Global Market following separate trading of units, shares, warrants and rights as appropriate to the structure of the public offering and subsequent corporate actions. Key strategic updates and recent changes: In early 2026, SPACSphere completes its initial public offering and lists on Nasdaq Global Market, raising proceeds to pursue a business combination; it announces intentions to pursue a merger or other business combination with a target operating in digital assets, technology or healthcare; it adopts a governance and compliance framework aligned with U.S. securities regulations and the SPAC lifecycle; it announces separation of trading of units, shares, warrants and rights to enhance liquidity and investor access; and it reinforces its management team with experienced SPAC and private equity professionals to accelerate deal sourcing and execution. The company may also announce additional strategic partnerships with financial advisors, investment banks or industry-focused collaborators to bolster deal flow and due diligence capabilities.
SPACSphere Acquisition Corp. Announces the Separate Trading of Its Class A Ordinary Shares, Warrants, and Rights, Commencing on or About February 27, 2026
SPACSphere Acquisition Corp. Announces the Closing of $172,500,000 Initial Public Offering
SPACSphere Acquisition Corp. Announces the Pricing of $150,000,000 Initial Public Offering