The company entered a business combination agreement to merge a subsidiary with Mobilewalla, followed by Class B conversion into Class A and Delaware domestication.
Quarterly results and Trust Account balances
SPACSphere Acquisition posted net income of $687,454 for the quarter ended June 30, 2026.
Interest earned on cash and marketable securities in the Trust Account totaled $1.54 million, offset by $847,965 of general and administrative costs.
For the six months ended June 30, 2026, net income was $1.34 million on $2.4 million of Trust Account interest income.
Marketable securities held in the Trust Account were $174.9 million at June 30, 2026; cash equivalents outside the Trust Account were $229,394.
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