Norton Rose Fulbright advises SPACSphere on proposed combination with Mobilewalla

Norton Rose Fulbright advised SPACSphere Acquisition Corp., a special purpose acquisition company, on its proposed business combination with consumer intelligence and agentic artificial intelligence (AI) company Mobilewalla Holdco, Inc., including the filing of a registration statement on Form S-4 with the US Securities and Exchange Commission.

The transaction, which is expected to close in the second half of 2026, represents a key step in Mobilewalla's planned transition to the public markets. Upon completion of the merger, the combined company is expected to operate under the name Covariate, Inc. and list its shares on Nasdaq or another US national securities exchange.

Mobilewalla's predictive intelligence products and vertical agentic AI solutions are powered by a proprietary consumer data platform with global reach. Its clients span the telecommunications, financial services and consumer data sectors.

"SPACSphere brought a clear strategic vision to this transaction, identifying Mobilewalla as a partner with a differentiated data and AI platform," said Amelia Zhang, lead counsel to SPACSphere. "The filing of the registration statement marks an important milestone in the proposed combination, which reflects strong investor interest in companies applying data and AI to real business challenges."

The Norton Rose Fulbright team was led by partner Amelia Zhang (Houston) and included Lee McIntyre, Danielle Bodunrin (Houston), Siyi Zhu and Kevin Chen (New York).