SPACSphere Acquisition Corp.
SSACW
NASDAQ0.14
USD
+0.00
- -
CIK
0002081300
ISIN
KYG8T0881334
CUSIP
G8T088133
Return %
Stock
S&P500
1Y
98.43
18.21
3Y
98.43
64.38
5Y
98.43
72.43
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
- Mar 15, 2022
- CIK
- 0002081300
- Website
- spacsphere.com
- Similar Companies
- Business
- SPACSphere Acquisition Corp. is a Cayman Islands–incorporated blank-check company that actively seeks merger, acquisition, share exchange, asset purchase, reorganization, or similar business combinations across multiple sectors, with a focus on digital assets, technology, and healthcare. The company operates a Nasdaq-listedSPAC vehicle designed to facilitate a future reverse merger or business combination, funded by an initial public offering and a dedicated trust. Main products and services: SPACSphere provides a publicly traded vehicle for a potential business combination, including the issuance of units at IPO, segregated trading of its Class A ordinary shares, warrants, and rights following separation of units, and ongoing governance and sponsor oversight associated with SPAC structures. Its investment thesis centers on identifying, evaluating, and executing a strategic transaction with a private company across targeted sectors, leveraging the sponsors’ expertise in private equity, venture capital, and financial structuring to finalize a qualified business combination. Geographic and operating footprint: The company is domiciled in the Cayman Islands and lists on the Nasdaq Global Market, with initial trading and post-IPO activities centered in the United States, while the underlying trust management and sponsor relationships reflect international financial and regulatory structures. Founding year and headquarters: Founded in 2025 and headquartered in the Cayman Islands with corporate activities coordinated to support U.S. listings and shell-company governance for future transactions. Subsidiaries and parent relationships: SPACSphere operates as a standalone SPAC vehicle under a sponsor group, with no disclosed operating subsidiaries at inception; it may establish or acquire subsidiaries or enter strategic alliances as part of a future business combination. Latest major company changes: SPACSphere announces the separate trading of its IPO units into discrete securities—Class A ordinary shares, warrants, and rights—on the Nasdaq Global Market, with units continuing to trade under the combined ticker when not separated; this change, effective around February 27, 2026, aligns with standard SPAC market practices to provide investors with flexibility to trade each component separately. The company completes its IPO and raises gross proceeds of $172.5 million, creating a trust to fund future deal activity, while acknowledging going-concern considerations outside the trust pending a business combination. These events reflect a strategic emphasis on enabling timely execution of a targeted merger or acquisition within a 15-month window, subject to extensions, and potential additional equity flexibility through over-allotment options exercised at IPO. The SPAC remains focused on identifying suitable targets in its stated sectors and executing a compelling business combination that aligns with shareholder value creation. Industry and segments: SPACSphere operates in the blank-check/SPAC industry, with emphasis on digital assets, technology, and healthcare domains, leveraging financial structuring services, corporate governance, and deal-sourcing capabilities to facilitate a future combination with a private company. Target markets and customer types: The primary beneficiary is institutional and accredited investors participating in SPAC offerings, as well as private target companies seeking a route to public markets via a reverse merger or de-SPAC transaction; the vehicle targets diverse industries but concentrates on sectors where the sponsor’s expertise can add value in execution, integration, and post-merger value creation. Founding year and headquarters location: 2025; headquarters in the Cayman Islands, with U.S. exchange listing and regulatory coordination to support cross-border SPAC activities. Notes on corporate relationships: SPACSphere operates as an independent SPAC with a sponsor group responsible for governance and deal sourcing; no parent company or subsidiary relationships are disclosed beyond standard SPAC structures at this stage.