Solarius Capital Acquisition Corp (SOCAU)
Solarius Capital Acquisition Corp operates in the Shell Companies industry of the Financial Services sector, headquartered in Darien, CT, US. The stock last traded at $10.59, up 1.83% on the session, giving a market capitalisation of $186.7M. Its beta of 0.10 implies it has historically moved less than the broad market.
Solarius Capital Acquisition Corp (SOCAU) functions as a special purpose acquisition company (SPAC), an investment vehicle established to merge with or acquire an existing firm. Its strategic focus lies in purchasing businesses operating within the asset and wealth management industry across European markets. The company successfully amassed US $150 million in capital by issuing 15 million units, with each unit priced at US $10. Each of these investment units was composed of one common share coupled with a half-warrant, which is exercisable at a price of US $11.50.
Solarius Capital Acquisition Corp is most often compared with the following Financial Services names: