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Solarius Capital Acquisition Corp. (SOCA) reported its Q3 2025 results as a newly formed SPAC. Net income was $630,309 for the quarter, driven largely by $897,501 of income on investments held in the Trust Account, offset by $201,298 of formation and G&A expenses and $73,548 of related‑party administrative expense.
The Trust Account held $174,260,001 at September 30, 2025, while cash and cash equivalents held outside the trust were $1,266,950, supporting ongoing search and diligence activities. Working capital was $1,217,854. The IPO closed on July 17, 2025, with 17,250,000 units sold and an additional 450,000 private placement units, and total offering costs of $9,458,142, including $7,350,000 of deferred underwriting commissions. The SPAC has up to 21 months from closing—through April 17, 2027—to complete a business combination. As of November 13, 2025, there were 17,700,000 Class A ordinary shares and 5,750,000 Class B ordinary shares outstanding. Warrants outstanding totaled 8,850,000, each exercisable at $11.50 per share after a business combination.