Norton Rose Fulbright advises SPACSphere on its US$172.5 million IPO

Global law firm Norton Rose Fulbright represented SPACSphere Acquisition Corp. (SPACSphere), a special purpose acquisition company, in connection with its Initial Public Offering (IPO), which raised US$172.5 million. The deal closed on February 9, 2026.

The IPO consisted of 17.25 million units priced at US$10 per unit, including 2.25 million units sold pursuant to the full exercise of the underwriter's over-allotment option. The units began trading on the Nasdaq Global Market under the ticker symbol "SSACU" on February 6, 2026.

"This IPO reflects the strength of SPACSphere's leadership team and its clear strategic vision in pursuing an acquisition opportunity through a deSPAC," said Amelia Zhang, who led Norton Rose Fulbright's representation. "Our team was pleased to support SPACSphere through this important milestone."

SPACSphere 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. SPACSphere intends to focus on sectors in which its management team has deep experience, including digital assets, technology and healthcare.

Norton Rose Fulbright's team was led by Amelia Zhang and Lee McIntyre (Houston) and included Scott Saks (New York), Danielle Bodunrin and Maizey MabrySmith (Houston).