SPACSphere Acquisition Corp. Right is a security component of SPACSphere Acquisition Corp., a special purpose acquisition company (SPAC) incorporated in the Cayman Islands and headquartered in Sacramento, California. Each right entitles the holder to receive one-fifth of one Class A ordinary share upon the completion of an initial business combination. The rights were distributed as part of units sold during the company's initial public offering in February 2026 and began trading separately on Nasdaq under the symbol SSACR on February 27, 2026. SPACSphere is focused on identifying and acquiring businesses in digital assets, technology, and healthcare sectors, where its management team possesses core competencies. The rights serve as an incentive mechanism for SPAC investors, providing additional equity participation upon successful completion of a merger or acquisition transaction.