Solarius Capital Acquisition Corp

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.