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Space Asset Acquisition Corp.

corporate_fare Company Profile

Space Asset Acquisition Corp.

SAAQU·NASDAQ·Industrials·CIK 0002091222

Space Asset Acquisition Corp. is a blank check company, also known as a Special Purpose Acquisition Company (SPAC), incorporated on September 12, 2025, as a Cayman Islands exempted company. Its sole purpose is to complete a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company has a "Completion Window" of 24 months from the closing of its initial public offering (IPO), or an earlier liquidation date approved by its board of directors, to finalize this initial business combination. Space Asset Acquisition Corp. has not engaged in any operations and has not generated any revenue to date. It is classified as a "shell company" under the Exchange Act of 1934 due to its lack of operations and nominal assets, which consist almost entirely of cash. The company may pursue an acquisition opportunity in any industry, sector, or geographic location. The registration statement for its IPO was declared effective by the U.S. Securities and Exchange Commission (SEC) on January 27, 2026. On January 29, 2026, the company completed its IPO, offering 23,000,000 units at $10.00 per unit. This total includes the full exercise by the underwriters of their over-allotment option for 3,000,000 units, generating gross proceeds of $230,000,000.

Space Asset Acquisition Corp. (NASDAQ:SAAQU) is a publicly traded company in the Industrials sector. Wiseek monitors SAAQU SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Space Asset Acquisition Corp. Files First 10-K Post-IPO, Discloses Significant Dilution & Internal Control Weakness
  • Sponsor Discloses 25.48% Stake Post-IPO, Outlining Foundational Agreements
  • Space Asset Acquisition Corp. Closes $230M IPO with Full Over-Allotment Exercise and Concurrent Private Placement
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$10.63
52-week range · as of 2026-03-27 $10.09 – $10.28
Market cap
$327.83M
Volume
14.6K (2.8× avg)
3-mo avg 5.3K
Live data · 2026-06-14 03:52 UTC · Market closed

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feed SAAQU - Latest Insights

SAAQU
Mar 27, 2026, 5:29 PM EDT
Filing Type: 10-K
Importance Score:
7
Price at Filing: $10.27
Real-time Price: $10.63 info
Change: +$0.360 (+4%) info
Market Cap: $327.833M info
SAAQU
Feb 18, 2026, 5:30 PM EST
Filing Type: SCHEDULE 13D
Importance Score:
8
Price at Filing: $10.11
Real-time Price: $10.63 info
Change: +$0.520 (+5%) info
Market Cap: $327.833M info
SAAQU
Jan 30, 2026, 4:16 PM EST
Filing Type: 8-K
Importance Score:
9
Price at Filing: $10.19
Real-time Price: $10.63 info
Change: +$0.440 (+4%) info
Market Cap: $327.833M info