Spacsphere Acquisition (NASDAQ:SSACU) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Spacsphere Acquisition (NASDAQ:SSACU) to a hold rating in a research report sent to investors on Saturday morning.

Spacsphere Acquisition Trading Up 0.0%

NASDAQ:SSACU opened at $10.04 on Friday.

About Spacsphere Acquisition

Spacsphere Acquisition (NASDAQ: SSACU) is a special purpose acquisition company (SPAC) whose units trade on the Nasdaq under the ticker SSACU. As a blank‑check company, its primary purpose is to raise capital through public markets and use those proceeds to identify, acquire, or merge with one or more privately held businesses, thereby bringing a target company public through a business combination or reverse merger.

The company’s main activities center on deal sourcing and transaction execution: evaluating potential acquisition targets, negotiating terms of a business combination, and completing the legal and regulatory steps required to consummate a merger.