SPACSphere Acquisition Corp.(NASDAQ) SSAC

SPACSphere Acquisition Corp. helps private companies go public. It searches for businesses to buy or join. This provides a path to the stock market.

Finding a Business Partner

• Acquisition Search: Identifying and evaluating potential businesses for a merger, share exchange, asset acquisition, or reorganization.
• Capital Trust: Managing investor funds in a protected trust account until a business combination is completed.
• Mobilewalla Merger: Working to finalize a specific purchase agreement with Mobilewalla Holdco, Inc.

Steps Toward the Merger

• Completed an initial public offering on Feb. 9, 2026, to raise capital for acquisitions.
• Entered into a definitive business combination agreement with Mobilewalla Holdco, Inc. on May 29, 2026.
• Approved a plan to convert all Class B ordinary shares into Class A ordinary shares before the merger.
• Initiated a process to relocate the company legal home to Delaware as part of the acquisition.

What Makes It Unique?

SPACSphere focuses on the specific goal of finding a merger partner to bring to the public markets. The company maintains a trust account for shareholders that earns interest while it negotiates its deal with Mobilewalla Holdco, Inc.

By the Numbers

• Net income reached $687,454 for the three-month period ended June 30, 2026.
• Marketable securities held in the trust account totaled $174,896,125 as of June 30, 2026.
• Interest earned on trust account assets was $2,396,125 for the six-month period ended June 30, 2026.
• The company raised $172,500,000 in gross proceeds from its initial public offering on Feb. 9, 2026.
• Market capitalization was $181.1 million, down 12.2% year over year.

Bottom Line

SPACSphere has evolved from an initial public offering to a company with a signed merger agreement. Its current work focuses on finishing the acquisition of Mobilewalla and moving its legal home to Delaware.