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SPACSphere Acquisition Unit (SSACU) Stock News

SSACU NASDAQ
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SPACSphere Acquisition Corp (NASDAQ:SSACU) announced that, commencing on or about February 27, 2026, holders may elect to separately trade the Class A ordinary shares, warrants, and rights included in the units.

The separated securities are expected to trade under SSAC (shares), SSACW (warrants) and SSACR (rights); any unsplit units will remain under SSACU. No fractional warrants will be issued. Holders must have their broker contact Odyssey Transfer and Trust Company to effect separation. A registration statement became effective on January 30, 2026. Prospectus copies are available via D. Boral Capital contact details provided.

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SPACSphere Acquisition Corp (Nasdaq: SSACU) closed its initial public offering on Feb 9, 2026, selling 17,250,000 units at $10.00 each (including a 2,250,000-unit overallotment) for gross proceeds of $172,500,000. An amount equal to $10.00 per unit was deposited into a trust account.

Each unit comprises one Class A share, one-half warrant, and one Share Right; warrants exercisable at $11.50 per share. Units began trading Feb 6, 2026, and separate listings for SSAC, SSACW, and SSACR are expected when separable.

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SPACSphere Acquisition Corp (Nasdaq: SSACU) priced a $150,000,000 initial public offering of 15,000,000 units at $10.00 per unit, with a 45-day underwriter option for up to 2,250,000 additional units (15%).

Each unit contains one Class A ordinary share, one-half warrant, and one Share Right equal to 1/5 of a share; $10.00 per unit will be deposited in a trust account. Trading of units begins February 6, 2026, with expected separate listings as SSAC (shares), SSACW (warrants), and SSACR (Share Rights). The offering is expected to close on February 9, 2026, subject to customary conditions.

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FAQ

What is the current stock price of SPACSphere Acquisition Unit (SSACU)?

SPACSphere Acquisition Unit (SSACU) last closed at $10.30.