GRAND CAYMAN, Cayman Islands, Feb. 05, 2026 (GLOBE NEWSWIRE) -- SPACSphere Acquisition Corp. (the “C...











            







    
        
            February 05, 2026 17:21 ET
        

        
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                SPACSphere Acquisition Corp.
            

        
    

    

    

    





        
GRAND CAYMAN, Cayman Islands, Feb.  05, 2026  (GLOBE NEWSWIRE) -- SPACSphere Acquisition Corp. (the “Company”) today announced the pricing of its initial public offering of 15,000,000 units at a price of $10.00 per unit. The units are expected to be listed on the Nasdaq Global Market (“Nasdaq”) and begin trading tomorrow, February 6, 2026, under the ticker symbol “SSACU.” Each unit consists of one Class A ordinary share, one-half of one redeemable warrant, and one right (the “Share Right”) to receive one-fifth (1/5) of one Class A ordinary share upon the consummation of an initial business combination. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment. Only whole warrants are exercisable. No fractional shares will be issued in connection with the exchange of Share Rights. An amount equal to $10.00 per unit will be deposited into a trust account upon the closing of the offering. Once the securities comprising the units begin separate trading, we expect that the Class A ordinary shares, warrants, and Share Rights will be listed on the Nasdaq under the symbols “SSAC”, “SSACW”, and “SSACR”, respectively.  The Company is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The Company may pursue an acquisition opportunity in any business or industry or at any stage of its corporate evolution but will focus on industries where the Company has core competencies and experiences, such as digital assets, technology, and healthcare industries.  The Company’s management team is led by Bala Padmakumar, its Chief Executive Officer and Chairman, and Soumen Das, its Chief Financial Officer and Director. In addition, the Board includes Kathleen Cuocolo, Magnus Ryde, and Mark Platshon. Norton Rose Fulbright US LLP is serving as legal advisor to the Company.  D. Boral Capital LLC (“D. Boral”) is acting as the sole book-running manager for the offering. Loeb & Loeb LLP is serving as legal advisor to D. Boral.  The Company has granted the underwriters a 45-day option to purchase up to an additional 2,250,000 units to cover over-allotments, if any. The offering is expected to close on February 9, 2026, subject to customary closing conditions.  The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained by contacting D. Boral Capital LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022, or by emailing dbccapitalmarkets@dboralcapital.com.  A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (“SEC”) and became effective on January 30, 2026. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.  Forward-Looking Statements  This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds will be used as indicated.  Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.  Contact:  SPACSphere Acquisition Corp.Soumen DasChief Financial Officer  8795 Folsom BlvdSacramento, California 95826(510) 201-0130   
            

SSACU

SPACSphere Acquisition Corp. Announces the Pricing of  $150,000,000 Initial Public Offering

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>GRAND CAYMAN, Cayman Islands, Feb. 05, 2026 (GLOBE NEWSWIRE) -- SPACSphere Acquisition Corp. (the “C...</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>SPACSphere Acquisition Corp. (SSACU) priced its IPO at $10 for 15 million units, set to commence trading on February 6, 2026. The offering, focused on digital assets and healthcare, will close on February 9, 2026, which may impact market perception and investment interest significantly during this period.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>SSACU prices IPO at $10 for 15M units.</li><li>Trading to commence February 6, 2026, on Nasdaq.</li><li>Units include shares, warrants, and rights.</li><li>Initial closing expected on February 9, 2026.</li><li>Focus industries include digital assets and technology.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>SPACSphere Acquisition Corp. (SSACU)</strong>: IPO pricing and launch demonstrate initial market interest.</li><li><strong>Boral Capital LLC (D. Boral)</strong>: Book-running manager may influence market support for SSACU.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This falls under &#039;Corporate Developments&#039; as it delineates SSACU&#039;s entrance into public markets and their strategic focus. The details provide insight into SSACU’s growth potential through merger activities in lucrative sectors.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Initial trading on Nasdaq could see volatility driven by demand.</li><li>Potential for unit price appreciation above $10 if demand surges.</li><li>Investors may react to SPAC&#039;s future acquisition plans.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>15 million units priced at $10 each for the IPO.</li><li>Expected trading start on February 6, 2026.</li><li>IPO proceeds to be deposited into a trust account.</li><li>Closing expected on February 9, 2026.</li><li>Units consist of shares, warrants, and share rights.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Investors should consider SSACU as a speculative buy, targeting significant price movement post-IPO.</p>
  </section>
</section>


<article>
    <h2>SPACSphere Acquisition Corp. Announces $150 Million IPO with Ticker Symbol SSACU</h2>
    <p>GRAND CAYMAN, Cayman Islands, <strong>February 05, 2026</strong> (GLOBE NEWSWIRE) — SPACSphere Acquisition Corp. (Ticker: <strong>SSACU</strong>) has successfully priced its initial public offering (IPO) at <strong>$10.00</strong> per unit, aiming to raise a total of <strong>$150 million</strong>. Trading on the Nasdaq Global Market is set to commence on <strong>February 6, 2026</strong>.</p>
    
    <section>
        <h3>Details of the Initial Public Offering</h3>
        <p>The IPO consists of <strong>15,000,000 units</strong>, where each unit includes:</p>
        <ul>
            <li>One Class A ordinary share</li>
            <li>One-half (1/2) of one redeemable warrant</li>
            <li>One right (the “Share Right”) that entitles holders to receive one-fifth (1/5) of one Class A ordinary share in connection with a future business combination</li>
        </ul>
        <p>Whole warrants will allow holders to purchase additional shares at a price of <strong>$11.50</strong> per share, with adjustments as required. It's important to note that no fractional shares will be issued in the context of the Share Rights exchange.</p>
        <p>An amount equal to $10.00 per unit will be placed in a trust account at the closing of the offering, with further trading for shares, warrants, and Share Rights expected under the symbols “SSAC,” “SSACW,” and “SSACR,” respectively.</p>
    </section>
    
    <section>
        <h3>Strategic Focus and Management Team</h3>
        <p>SPACSphere Acquisition Corp. operates as a blank check company, formed to engage in mergers, asset acquisitions, and similar business combinations. The company is poised to explore opportunities across various industries including <em>digital assets, technology, and healthcare</em>, leveraging its management team's expertise.</p>
        <p>The leadership team includes:</p>
        <ul>
            <li><strong>Bala Padmakumar</strong> — Chief Executive Officer and Chairman</li>
            <li><strong>Soumen Das</strong> — Chief Financial Officer and Director</li>
            <li><strong>Kathleen Cuocolo</strong> — Board Member</li>
            <li><strong>Magnus Ryde</strong> — Board Member</li>
            <li><strong>Mark Platshon</strong> — Board Member</li>
        </ul>
        <p>Legal expertise is provided by Norton Rose Fulbright US LLP as the company's advisor, while D. Boral Capital LLC serves as the sole book-running manager for the offering.</p>
    </section>

    <section>
        <h3>Offering Details and Legal Considerations</h3>
        <p>The underwriters have been granted a <strong>45-day option</strong> to purchase up to an additional <strong>2,250,000 units</strong> to accommodate over-allotments as needed. The completion of the offering is anticipated by <strong>February 9, 2026</strong>, contingent upon customary closing conditions.</p>
        <p>This offering is being made exclusively via a prospectus, which can be obtained from D. Boral Capital LLC at their New York office or by emailing <a href="mailto:dbccapitalmarkets@dboralcapital.com">dbccapitalmarkets@dboralcapital.com</a>.</p>
        <p>A registration statement has been filed with the U.S. Securities and Exchange Commission (SEC) and became effective on <strong>January 30, 2026</strong>. Interested parties are directed to review the prospectus for comprehensive details about the offering.</p>
    </section>

    <section>
        <h3>Forward-Looking Statements</h3>
        <p>This announcement contains certain forward-looking statements related to the IPO process and the company’s future business strategies. Investors should be aware that no assurances can be made regarding the successful completion of the offering or the use of net proceeds.</p>
        <p>Forward-looking statements are influenced by numerous factors that are often beyond the Company’s control, including those detailed in the “Risk Factors” section of its SEC registration statement. For further information, you may visit the SEC website at <a href="http://www.sec.gov">www.sec.gov</a>.</p>
    </section>
    
    <section>
        <h3>Contact Information</h3>
        <p>For more inquiries, please contact:</p>
        <p><strong>SPACSphere Acquisition Corp.</strong><br>
        Soumen Das<br>
        Chief Financial Officer<br>
        8795 Folsom Blvd<br>
        Sacramento, California 95826<br>
        Phone: (510) 201-0130</p>
    </section>
</article>

SPACSphere Acquisition Corp. (SSACU) priced its IPO at $10 for 15 million units, set to commence trading on February 6, 2026. The offering, focused on digital assets and healthcare, will close on February 9, 2026, which may impact market perception and investment interest significantly during this period.

SPACSphere Acquisition Corp. Announces the Pricing of $150,000,000 Initial Public Offering

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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