Solarius Capital Acquisition closes $172.5 million IPO, places $173.4 million in trust
Solarius Capital Acquisition Corp. completed its initial public offering on July 17, 2025, selling 17,250,000 units at $10.00 each for gross proceeds of $172.5 million, including the full exercise of the underwriters' over-allotment option. The company says $173,362,500 was placed in a trust account at $10.05 per unit, and the company has not commenced operations and will not generate operating revenue until a business combination. Shareholder funds in the trust are not released until a business combination, a redemption, or a shareholder-approved amendment, and the company has 21 months from the IPO closing to complete a business combination.
Key points
- IPO of 17,250,000 units at $10.00 per unit, including 2,250,000 units from the full over-allotment exercise, for gross proceeds of $172,500,000
- Sponsor Solarius Capital Sponsor, LLC bought 450,000 private placement units at $10.00 per unit, for $4,500,000 in gross proceeds
- $173,362,500 placed in a trust account at J.P. Morgan Chase Bank, N.A., maintained by Continental Stock Transfer & Trust Company; $10.05 per public share
- Company has 21 months from the IPO closing to complete an initial business combination
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.