-
Galliano pulls Met Gala exhibit after antisemitism backlash
-
Jury hears closing arguments in Tupac Shakur murder trial
-
Afghan people should 'not be abandoned': top Red Cross official
-
Pakistan sack coach, send seven players home after England defeats
-
Six defining moments of Lionel Messi's Argentina career
-
New storms threaten Grand Canyon flood search, 2 bodies recovered
-
Trump blasts US backlash against data centers
-
France takes aim at ultra-fast fashion with new levy
-
It 'hurts' says Messi of decision to retire from international football
-
Tribunal says India cannot withdraw from water treaty with Pakistan
-
Benzema ends brief stint with Al Hilal in Saudi league
-
John Galliano pulls US exhibition after antisemitism backlash
-
Djokovic's Grand Slam future uncertain after brutal US Open defeat
-
French Top 14 boss offers 'no guarantees' for first Club World Cup
-
Turkey says regional defence pact not against any country
-
Munoz reunites with Glasner after joining Forest from Palace
-
US vows to keep economic pressure on Iran as G20 finance talks begin
-
Liverpool sign Barcola from PSG for £124 million
-
Shein valued at $26.3 bn in Hong Kong market debut
-
Putin, Xi hold talks in Kyrgyzstan as regional summit begins
-
Crude prices rise above $90 per barrel on US-Iran strikes
-
ChatGPT becomes first AI chatbot to face tougher EU rules
-
Liverpool sign Barcola from PSG for reported £124 million
-
Man City sign Palmeiras winger Allan on five-year deal
-
Putin, Xi, Iran's Pezeshkian in Kyrgyzstan for summit
-
More flooding feared at Grand Canyon after storm leaves 15 missing
-
Fully Permitted Tanzanian Gold Project Clears Path to Construction as Financing, EPCM Fall in Place (LVGLF)
-
RedHill Divests Talicia® to Apotex for $18 Million Cash Upfront Plus Milestones to Fuel Strategic Growth Opportunities
-
EdWealth Announces MoneyBench Benchmark Comparing AI Money Answers From Ed, ChatGPT and Gemini
-
MEXC Data: BTC Breaks $80,000, Major-Asset Spot Trading Volume Surges 300%
-
Root says new balls behind batsmen's struggles in England
-
G20 finance talks open as US seeks to ramp up pressure on Iran
-
Swollen rivers, washed-out roads hamper Nepal rescue effort
-
Solving Agent Sprawl: The Case for Enterprise Orchestration
-
In France's north, winegrowers bet on a warmer future
-
Springboks switch Kolbe to full-back for third All Blacks Test
-
Deadly virus stalks South Africa's sardines
-
Malaysia's Sarawak eyes cloud seeding as haze worsens
-
South Korea women's football body probes 'period' insult
-
World leaders need to see rising oceans in Pacific: UN official
-
Transitional Fashion Essentials for Autumn: Key Pieces from M&S and Joe Browns
-
Xiaomi Pad 9 Pro Leak Suggests 12.5-Inch Display and Massive Battery
-
China's Xi and Iran's Pezeshkian in Kyrgyzstan, Putin expected
-
UK Homeowners Advised to Use Peppermint Tea Bags to Deter Spiders
-
Rescuers hunt for missing after deadly N.Cyprus ferry accident
-
Nepal toll surges as rescuers struggle through 'unimaginable' disaster
-
Ethiopia's Abiy could consolidate power as 'executive president'
-
Mauled Australian swimmer recalls punching shark
-
Crude prices rise on US-Iran strikes, equities mixed after Warsh remarks
-
Passengers stranded overnight by Kenya airport strike
Solarius Capital Acquisition Corp. Announces Completion of $172.5 million IPO
DARIEN, CONNECTICUT / ACCESS Newswire / July 17, 2025 / Solarius Capital Acquisition Corp. (NASDAQ:SOCAU) (the "Company") today announced the closing of its initial public offering of 17,250,000 units, including 2,250,000 units sold pursuant to the full exercise of the underwriter's over-allotment option, at a price of $10.00 per unit. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants will be exercisable. The units are listed on the Nasdaq Global Market ("Nasdaq") and trade under the ticker symbol "SOCAU" as of July 16, 2025. After the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols "SOCA" and "SOCAW," respectively.
Solarius Capital Acquisition Corp. is a special purpose acquisition company (a "SPAC"), whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination in any industry, sector or geographical location, it intends to focus on targets that complement its management team's background and experience, including in the asset management, wealth management and financial services markets, and intends to seek businesses with enterprise values of approximately $500 million to $2 billion.
Stifel, Nicolaus & Company, Incorporated ("Stifel") acted as the representative of the underwriters for the offering.
The offering was made only by means of a prospectus. Copies of the prospectus may be obtained from Stifel, Attention: Syndicate Department, One South Street, 15th Floor, Baltimore, MD 21202, by telephone at (855) 300-7136 or by email at [email protected].
A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on July 15, 2025. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any State or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State or jurisdiction.
Cautionary Note Concerning Forward-Looking Statements
This press release contains statements that constitute "forward-looking statements," including with respect to the Company's search for an initial business combination. No assurance can be given that the proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement for the initial public offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
# # #
INVESTOR AND MEDIA CONTACT:
Richard H. Haywood, Jr.
Chief Executive Officer
(203) 617-0223
SOURCE: Solarius Capital Acquisition Corp.
View the original press release on ACCESS Newswire
D.Johnson--AT