SPACSphere Acquisition Corp. (SSAC)

SPACSphere Acquisition Corp. is a special purpose acquisition company, also called a blank-check company. It was formed to merge with, or acquire, one or more operating businesses through a business combination.

The company raised capital through an initial public offering and holds the proceeds in a trust account until it completes a transaction or liquidates. It has no operations of its own. Its Class A ordinary shares trade on the Nasdaq under the ticker SSAC.