SOCAU · Solarius Capital Acquisition Corp. · Insider Trading
Substantial doubt about the company's ability to continue as a going concern.
“In connection with the Company's assessment of going concern considerations in accordance with Financial Accounting Standards Board ("FASB") ASC 205-40, Presentation of Financial Statements – Going Concern ("ASC 205-40"), management has determined that these conditions raise substantial doubt about the Company's ability to continue as a going concern. In addition, if the Company is unable to complete a Business Combination within the Combination Period (by April 17, 2027), the Company's board of directors would proceed to commence a voluntary liquidation and thereby a formal dissolution of the Company. There is no assurance that the Company's plans to consummate a Business Combination will be successful within the Combination Period. As a result, management has determined that such an additional condition also raises substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 13, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2025-07-17 | Solarius Capital Sponsor, LLC |
Director, 10% Owner |
Award↑
Filing footnotes — Class A Ordinary Shares (Direct)
The reported Class A ordinary shares are within 450,000 of the Issuer's Private Placement Units, as described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-288078), purchased by Solarius Capital Sponsor, LLC (the "Sponsor") for $10.00 per Private Placement Unit. The Sponsor is the record holder of the securities reported herein. David Saab, Charles Ecalle and Evangelia Kallitsi are the managing members of the Sponsor. Each of Mr. Saab, Mr. Ecalle and Ms. Kallitsi disclaims any beneficial ownership of the securities held by the Sponsor other than to the extent of any pecuniary interest they may have therein, directly or indirectly. |
Class A Ordinary Shares
|
450,000 |