Here are the 424B prospectus supplements from SPACSphere Acquisition Corp. Unit (SSACU) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow SSACU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SSACU filings page.
SPACSphere Acquisition Corp. is offering 15,000,000 units at $10.00 per unit in an initial public offering to raise $150,000,000 (or $172,500,000 if the 2,250,000-unit over-allotment is exercised). Each unit contains one Class A ordinary share, one-half warrant, and one Share Right (one-fifth of a share upon a business combination). Proceeds (including the over-allotment if exercised) will be deposited into a U.S. trust account.
The sponsor paid $25,000 for 5,750,000 founder (Class B) shares (~$0.004 per share). Public shareholders may redeem shares in connection with an initial business combination. The SPAC must complete a business combination within 15 months, subject to up to two three-month extensions by shareholder vote. The prospectus discloses immediate pro forma dilution to public investors of approximately 98.90% and detailed private placement and anti-dilution provisions that may materially increase dilution.