{"url_path":"/sec/socaw/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/2065948/0001185185-26-001864-index.html","accession_number":"0001185185-26-001864","cik":"0002065948","ticker":"SOCA","issuer_name":"Solarius Capital Acquisition Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2065948/0001185185-26-001864-index.html","primary_entity_key":"0002065948","primary_entity_name":"Solarius Capital Acquisition Corp."},"word_count":316,"has_tables":true,"body_markdown":"** **\n\n**Item\n2. Unregistered Sales of Equity Securities and Use of Proceeds**\n\n \n\nOn\nJuly 17, 2025, we consummated our Initial Public Offering of 17,250,000 Units at $10.00 per Unit, including the issuance of 2,250,000\nUnits as a result of the underwriters’ full exercise of their Over-Allotment Option, generating gross proceeds to the Company of\n$172,250,000. Stifel, Nicolaus & Company, Incorporated acted as the underwriter. The securities sold in the Initial Public Offering\nwere registered under the Securities Act on registration statement on Form S-1 (No. 333-288078). The SEC declared the registration statement\neffective on July 15, 2025.\n\n \n\nSimultaneously\nwith the consummation of the Initial Public Offering, on July 17, 2025, we consummated the private sale of an aggregate of 450,000 Sponsor\nPrivate Placement Units to the Sponsor at a purchase price of $10.00 per unit, generating gross proceeds of $4,500,000. The Private Placement\nUnits are identical to the Units sold in the IPO, except as otherwise disclosed in the Registration Statement. No underwriting discounts\nor commissions were paid with respect to such sale. The issuance of the Private Placement Units was made pursuant to the exemption from\nregistration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.\n\n \n\nWe\nincurred transaction costs amounting to approximately $9.5 million, consisting of an aggregate amount of approximately $1.5 million of\nupfront underwriting fee, approximately $7.4 million of deferred underwriting fees, and approximately $0.6 million of other offering\ncosts.\n\n \n\nFollowing\nthe closing of the Initial Public Offering, of the net proceeds received from the consummation of the Initial Public Offering and simultaneous\nPrivate Placement, $173,362,500 ($10.05 per unit sold in the Initial Public Offering) was placed in a U.S.-based trust account maintained\nby the Trustee.\n\n \n\nThere\nhas been no material change in the planned use of proceeds from the Initial Public Offering and Sponsor Private Placement as is described\nin the Company’s final prospectus for its Initial Public Offering"}