SPACSphere Acquisition Corp. amends Mobilewalla merger deal, expanding combined board to seven
SPACSphere Acquisition Corp. and Mobilewalla signed an amendment to their Business Combination Agreement that would expand the combined company's board from five to seven directors, effective at closing of the merger. The amendment sets out who would hold the seats, including two Mobilewalla designees, one SPACSphere designee and four independent directors, and the rest of the original agreement remains in effect.
Key points
- Combined company board would grow from five to seven directors, effective at the merger closing
- Mobilewalla designees: Anindya Datta (Class III) and Boris M. Gutin; SPACSphere designee: Bala Padmakumar
- Four independent directors, including George Brody, John Garner and Stephen Markscheid; the fourth will be appointed before the Form S-4 is declared effective
The filing
Written by AI on Nov 9, 2026, 11:48 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 October 15, 2026.
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