# SPACSphere Acquisition Corp. (SSACW) — merger/definitive [pending] Source: SEC API (secapi.ai) · situation sit_0808ed68755680ce8edd · retrieved 2026-08-11T15:54:05.480Z ## Overview Mobilewalla is a vertical and agentic AI company that combines proprietary longitudinal consumer behavioral data with specialized AI systems to solve operationally critical problems in telecom, consumer credit, insurance, energy, healthcare, and retail. SPACSphere Acquisition Corp. (NASDAQ: SSAC), a blank-check company, is combining with Mobilewalla Inc., a vertical and agentic AI company founded in 2012. Mobilewalla has built a decade-deep proprietary consumer data platform serving telecom, consumer credit, and consumer data markets, with a combined addressable market of $115B+ by 2030 across five verticals. The combined company will pursue organic growth through product expansion and inorganic growth via acquisitions, using public equity as acquisition currency in a consolidating market. ## Terms - Counterparty: SPACSphere Acquisition Corp. · Deal value: $250.0M · Consideration: mixed ## Key dates - Announced 2026-06-01 · Expected close 2026-12-31 ## Timeline - 2026-06-01 · 425 (0001829126-26-005870): 425 - SPACSphere Acquisition Corp. — *Mobilewalla Holdco, Inc. is a Delaware corporation that provides mobile data and artificial intelligence technology services, including AI-powered analytics and insights derived from mobile user behavior and location data.* SPACSphere Acquisition Corp. (a Cayman Islands SPAC) entered into a Business Combination Agreement with Mobilewalla Holdco, Inc. on May 29, 2026. Under the agreement, SPACSphere Merger Sub Inc. will merge with and into Mobilewalla, with Mobilewalla surviving as a wholly-owned subsidiary of SPACSphere. Prior to the merger, SPACSphere will domesticate as a Delaware corporation and convert its Class B ordinary shares into Class A ordinary shares. At closing, Mobilewalla shareholders will receive an aggregate of 25,000,000 shares of SPACSphere common stock (to be renamed COVARIATE, INC. common stock) based on an exchange ratio calculated by dividing 25,000,000 by the Company Fully Diluted Capital Stock. Mobilewalla will also secure at least $10,000,000 in gross proceeds from a senior loan agreement with Avenue Capital, concurrent with closing. https://www.sec.gov/Archives/edgar/data/2081300/0001829126-26-005870.txt - 2026-06-01 · 425 (0001829126-26-005875): 425 - SPACSphere Acquisition Corp. — *Mobilewalla is a data and artificial intelligence company with a proprietary consumer data AI platform built on over a decade of longitudinal behavioral signals, offering purpose-built vertical agentic AI solutions for telecommunications, financial services, and consumer data industries.* Mobilewalla, a data and vertical agentic AI solutions provider, and SPACSphere Acquisition Corp. (NASDAQ: SSAC) announced a definitive business combination agreement under which Mobilewalla will become a publicly listed company. The transaction ascribes a pre-money equity value of $250 million to Mobilewalla. The combined company is expected to receive approximately $172.5 million of cash held in SSAC's trust account at closing, assuming no redemptions of existing SSAC shares and based on trust value per share as of March 13, 2026. Parties anticipate that certain institutional investors affiliated with Mobilewalla will commit $10 million to support the transaction. The boards of both companies have unanimously approved the proposed business combination, which is expected to close in the second half of 2026, subject to approval by SSAC and Mobilewalla stockholders and satisfaction of customary closing conditions. Upon closing, the combined company will be named Mobilewalla, Inc., with common stock and public warrants expected to be listed on a US national exchange. https://www.sec.gov/Archives/edgar/data/2081300/0001829126-26-005875.txt - 2026-06-01 · 425 (0001829126-26-005873): 425 - SPACSphere Acquisition Corp. — *Mobilewalla is a company exploring options to fund future growth and pursuing a SPAC merger to raise capital and achieve public company status.* Mobilewalla announced a business combination with SPACSphere Acquisition Corp. (SSAC), a Nasdaq-traded special purpose acquisition company. Upon closing, Mobilewalla is expected to become a publicly traded company listed on Nasdaq under a new ticker symbol. The proposed transaction values Mobilewalla at a pro forma enterprise value of $250 million. https://www.sec.gov/Archives/edgar/data/2081300/0001829126-26-005873.txt - 2026-06-01 · 425 (0001829126-26-005874): 425 - SPACSphere Acquisition Corp. — *Mobilewalla develops Telescope, an agentic AI platform that enables enterprises to harness data intelligence for market and customer understanding.* Mobilewalla Holdco, Inc. announced a business combination with SPACSphere Acquisition Corp. (NASDAQ: SSAC), a blank-check company. Upon completion, Mobilewalla will become a publicly traded company. The transaction is expected to close in the second half of 2026. Mobilewalla operates Telescope, an agentic AI platform for enterprise data intelligence, and reports a 94% customer retention rate. https://www.sec.gov/Archives/edgar/data/2081300/0001829126-26-005874.txt - 2026-06-01 · 425 (0001829126-26-005872): 425 - SPACSphere Acquisition Corp. — *Mobilewalla is a technology company exploring options to fund future growth and scale its technology and operations.* Mobilewalla announced a business combination with SPACSphere Acquisition Corp. (SSAC), a Nasdaq-traded special purpose acquisition company. Upon closing, Mobilewalla is expected to become a publicly traded company listed on a U.S. national exchange under a new ticker symbol. The proposed transaction values Mobilewalla at a pro forma enterprise value of $250 million. https://www.sec.gov/Archives/edgar/data/2081300/0001829126-26-005872.txt - 2026-06-01 · 425 (0001829126-26-005871): 425 - SPACSphere Acquisition Corp. — *Mobilewalla develops a vertical AI platform powered by a proprietary data lake to deliver technology solutions across multiple markets.* Mobilewalla Holdco, Inc. has entered into a Business Combination Agreement with SPACSphere Acquisition Corp., a blank-check SPAC. Upon closing, the combined entity will be named Mobilewalla and will become a publicly traded company on a US national exchange. The transaction is subject to stockholder approvals and customary closing conditions. SPACSphere will file a Form 8-K and then an S-4 registration statement with the SEC, with the parties targeting completion in the second half of 2026. https://www.sec.gov/Archives/edgar/data/2081300/0001829126-26-005871.txt - 2026-06-01 · 425 (0001829126-26-005876): 425 - SPACSphere Acquisition Corp. — *Mobilewalla is a vertical and agentic AI company that combines proprietary longitudinal consumer behavioral data with specialized AI systems to solve operationally critical problems in telecom, consumer credit, insurance, energy, healthcare, and retail.* SPACSphere Acquisition Corp. (NASDAQ: SSAC), a blank-check company, is combining with Mobilewalla Inc., a vertical and agentic AI company founded in 2012. Mobilewalla has built a decade-deep proprietary consumer data platform serving telecom, consumer credit, and consumer data markets, with a combined addressable market of $115B+ by 2030 across five verticals. The combined company will pursue organic growth through product expansion and inorganic growth via acquisitions, using public equity as acquisition currency in a consolidating market. https://www.sec.gov/Archives/edgar/data/2081300/0001829126-26-005876.txt ## Citations - 0001829126-26-005870 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000182912626005870 - 0001829126-26-005875 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000182912626005875 - 0001829126-26-005873 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000182912626005873 - 0001829126-26-005874 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000182912626005874 - 0001829126-26-005872 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000182912626005872 - 0001829126-26-005871 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000182912626005871 - 0001829126-26-005876 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000182912626005876