Here are the 8-K filings from SPACSphere Acquisition Corp. Unit (SSACU) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
An 8-K covers material events a company has to report between its quarterly reports, 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. (SSAC) and Mobilewalla amended their business combination agreement, increasing the planned board of the combined company from five to seven directors, effective at the merger closing.
The board is to include two Mobilewalla designees, Anindya Datta and Boris M. Gutin, neither of whom is required to qualify as independent; one SPACSphere designee, Bala Padmakumar; and four independent directors designated by Mobilewalla before closing. George Brody, John Garner and Stephen Markscheid are named among the independent directors; a fourth will be appointed before the Form S-4 registration statement is declared effective. Subject to applicable laws and Nasdaq listing requirements, the parties agreed to use reasonable best efforts to nominate and elect the designated directors.
SPACSphere Acquisition Corp. entered into a definitive Business Combination Agreement to merge with Mobilewalla Holdco, Inc., a data and vertical agentic AI company. A SPACSphere subsidiary will merge into Mobilewalla, which will become a wholly owned subsidiary.
Before closing, SPACSphere plans to convert its Class B shares into Class A, domesticate from the Cayman Islands to Delaware, and reclassify its securities into New SPACSphere common stock, warrants and rights. After the transaction, SPACSphere will be renamed COVARIATE, INC., with Mobilewalla shareholders receiving New SPACSphere common stock based on an exchange ratio tied to 25,000,000 shares over fully diluted Mobilewalla equity.
Closing is subject to shareholder approvals, SEC effectiveness of a Form S-4 registration statement, Nasdaq listing approvals and customary conditions, including Mobilewalla securing at least $10,000,000 of senior loan financing and efforts to raise additional private capital. Both sides agreed to exclusivity, and key Mobilewalla holders and the SPAC sponsor signed support agreements committing to vote for the deal.
SPACSphere Acquisition Corp. announced that holders of its units from the initial public offering may begin separately trading the underlying securities on or about February 27, 2026. Each unit consists of one Class A ordinary share, one-half of one redeemable warrant, and one right to receive one-fifth of one Class A ordinary share.
Separated Class A ordinary shares, warrants, and rights are expected to trade on Nasdaq under the symbols SSAC, SSACW, and SSACR, while units will continue under SSACU. No fractional warrants will be issued, and only whole warrants will trade, with unit holders working through their brokers and the transfer agent to separate holdings.
SPACSphere Acquisition Corp. completed its initial public offering of 17,250,000 units at $10.00 per unit, raising gross proceeds of $172,500,000. Each unit includes one Class A ordinary share, half of a redeemable warrant, and one-fifth of a right to receive a Class A share.
The company placed $172,500,000 of IPO and private placement proceeds into a trust account for the benefit of public shareholders. An additional private placement of 279,465 units and 768,529 restricted Class A shares to the sponsor and institutional investors generated $2,794,650.
The accompanying audited balance sheet shows total assets of $173,223,875, almost entirely the cash held in trust. Outside the trust, SPACSphere held $552,082 in cash equivalents and had working capital of $488,828, while transaction costs totaled $14,280,684 and deferred underwriting fees were $12,075,000.
The independent auditor issued a going concern paragraph, noting that SPACSphere does not have sufficient cash and working capital to sustain operations without completing a business combination. The SPAC has 15 months from the IPO closing, subject to any extensions, to consummate a deal or redeem public shares and liquidate.
SPACSphere Acquisition Corp. completed its initial public offering of 17,250,000 units at $10.00 per unit, generating gross proceeds of $172,500,000. Each unit includes one Class A ordinary share, one-half of one redeemable warrant, and one right to receive one-fifth of one Class A ordinary share.
The company also sold 279,465 private placement units and 768,529 restricted Class A ordinary shares for $2,794,650 in a private offering exempt from registration. A total of $172,500,000 from the IPO and private placements was deposited into a U.S.-based trust account, to be used for a future business combination or returned to public shareholders if no deal is completed within 15 months of the IPO closing.
SPACSphere Acquisition Corp. filed an 8-K describing governance changes tied to its initial public offering. Upon the effectiveness of its Form S-1 on January 30, 2026, Kathleen Cuocolo, Magnus Ryde, and Mark Platshon joined the board alongside existing directors Bala Padmakumar and Soumen Das.
The board determined that Cuocolo, Ryde, and Platshon qualify as independent under Nasdaq and Exchange Act standards. Cuocolo and Platshon were also designated as audit committee financial experts. All three will serve on the audit and compensation committees, with Cuocolo chairing the audit committee and Ryde chairing the compensation committee.
On the same date, the company adopted an Amended and Restated Memorandum and Articles of Association, previously conditionally approved by shareholders, in connection with its IPO. This updated governing document is filed as an exhibit and incorporated by reference.