QualityStocksNewsBreaks – SPACSphere Acquisition Corp. (NASDAQ: SSACU) Closes $172.5 Million Initial Public Offering
SPACSphere Acquisition (NASDAQ: SSACU) announced the closing of its initial public offering of 17,250,000 units at $10.00 per unit, including 2,250,000 units issued pursuant to the full exercise of the underwriter’s over-allotment option, generating gross proceeds of $172.5 million. The units began trading on the Nasdaq Global Market on Feb. 6, 2026, under the symbol “SSACU,” with underlying Class A ordinary shares, warrants and share rights expected to trade separately as “SSAC,” “SSACW” and “SSACR,” respectively. An amount equal to $10.00 per unit was placed in trust, and the company will seek a merger or similar business combination, focusing on…
