Solarius Capital Acquisition (SOCA)
Market Price (5/30/2026): $10.27 | Market Cap: $240.8 MilSector: Financials | Industry: Multi-Sector Holdings
Solarius Capital Acquisition (SOCA)
Market Price (5/30/2026): $10.27Market Cap: $240.8 MilSector: FinancialsIndustry: Multi-Sector Holdings
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Low stock price volatilityVol 12M is 2.6% | Trading close to highsDist 52W High is 0.0%, Dist 3Y High is 0.0% Weak multi-year price returns2Y Excs Rtn is -41%, 3Y Excs Rtn is -80% | Very low revenueRev LTMTotal Revenue or Sales, Last Twelve Months is 0 Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -0.8 Mil Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 69x Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.9% Key risksSOCA key risks include [1] a failure to complete a business combination by its deadline, Show more. |
| Low stock price volatilityVol 12M is 2.6% |
| Trading close to highsDist 52W High is 0.0%, Dist 3Y High is 0.0% |
| Weak multi-year price returns2Y Excs Rtn is -41%, 3Y Excs Rtn is -80% |
| Very low revenueRev LTMTotal Revenue or Sales, Last Twelve Months is 0 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -0.8 Mil |
| Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 69x |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.9% |
| Key risksSOCA key risks include [1] a failure to complete a business combination by its deadline, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Solarius Capital Acquisition (SOCA) stock has remained largely at the same level since 1/31/2026 because of the following key factors:
1. Solarius Capital Acquisition (SOCA) is a Special Purpose Acquisition Company (SPAC) and holds its IPO proceeds in a trust account, providing a stable floor for its stock price. Public shareholders can redeem their shares for cash held in the trust, initially anticipated at approximately $10.05 per share, effectively limiting downside risk and keeping the stock close to its initial offering price of $10.00 per unit from July 2025.
2. The company has not yet announced a definitive business combination, leaving it in a pre-deal phase. As of late April 2026, SOCA's management continues its due diligence process for potential merger targets within the asset management, wealth management, and broader financial services sectors, aiming for businesses valued between $500 million and $2 billion. The absence of a disclosed target prevents significant stock price fluctuations that would typically result from company-specific news or market anticipation of a merger.
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Stock Movement Drivers
Fundamental Drivers
The 1.4% change in SOCA stock from 1/31/2026 to 5/29/2026 was primarily driven by a 0.0% change in the company's P/E Multiple.| (LTM values as of) | 1312026 | 5292026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.13 | 10.27 | 1.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | � | 0 | 0.0% |
| Net Income Margin (%) | � | ∞% | 0.0% |
| P/E Multiple | � | 69.3 | 0.0% |
| Shares Outstanding (Mil) | 20 | 23 | -13.7% |
| Cumulative Contribution | 0.0% |
Market Drivers
1/31/2026 to 5/29/2026| Return | Correlation | |
|---|---|---|
| SOCA | 1.4% | |
| Market (SPY) | 9.6% | 1.7% |
| Sector (XLF) | -3.0% | 8.3% |
Fundamental Drivers
The 2.1% change in SOCA stock from 10/31/2025 to 5/29/2026 was primarily driven by a 0.0% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 5292026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.06 | 10.27 | 2.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | � | 0 | 0.0% |
| Net Income Margin (%) | � | ∞% | 0.0% |
| P/E Multiple | � | 69.3 | 0.0% |
| Shares Outstanding (Mil) | 21 | 23 | -9.6% |
| Cumulative Contribution | 0.0% |
Market Drivers
10/31/2025 to 5/29/2026| Return | Correlation | |
|---|---|---|
| SOCA | 2.1% | |
| Market (SPY) | 11.5% | -2.6% |
| Sector (XLF) | -0.7% | 4.2% |
Fundamental Drivers
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Market Drivers
4/30/2025 to 5/29/2026| Return | Correlation | |
|---|---|---|
| SOCA | ||
| Market (SPY) | 38.0% | -5.2% |
| Sector (XLF) | 7.4% | -6.6% |
Fundamental Drivers
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Market Drivers
4/30/2023 to 5/29/2026| Return | Correlation | |
|---|---|---|
| SOCA | ||
| Market (SPY) | 89.0% | -5.2% |
| Sector (XLF) | 63.2% | -6.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SOCA Return | - | - | - | - | 1% | 2% | 3% |
| Peers Return | 39% | -18% | -24% | 1% | -12% | 216% | 142% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 101% |
Monthly Win Rates [3] | |||||||
| SOCA Win Rate | - | - | - | - | 75% | 80% | |
| Peers Win Rate | 25% | 12% | 17% | 21% | 8% | 41% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| SOCA Max Drawdown | - | - | - | - | - | -0% | |
| Peers Max Drawdown | -15% | -21% | -30% | -22% | -23% | -41% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: BEBE, AACO, AEAQ, ARCI, ARTC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/29/2026 (YTD)
How Low Can It Go
SOCA has limited trading history. Below is the Financials sector ETF (XLF) in its place.
| Event | XLF | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -15.5% | -18.8% |
| % Gain to Breakeven | 18.4% | 23.1% |
| Time to Breakeven | 80 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -10.7% | -9.5% |
| % Gain to Breakeven | 12.0% | 10.5% |
| Time to Breakeven | 26 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -16.1% | -6.7% |
| % Gain to Breakeven | 19.1% | 7.1% |
| Time to Breakeven | 270 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -22.3% | -24.5% |
| % Gain to Breakeven | 28.6% | 32.4% |
| Time to Breakeven | 467 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.8% | -33.7% |
| % Gain to Breakeven | 74.8% | 50.9% |
| Time to Breakeven | 289 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -19.7% | -19.2% |
| % Gain to Breakeven | 24.5% | 23.8% |
| Time to Breakeven | 123 days | 105 days |
In The Past
State Street Financial Select Sector SPDR ETF's stock fell -15.5% during the 2025 US Tariff Shock. Such a loss loss requires a 18.4% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
SOCA has limited trading history. Below is the Financials sector ETF (XLF) in its place.
| Event | XLF | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -22.3% | -24.5% |
| % Gain to Breakeven | 28.6% | 32.4% |
| Time to Breakeven | 467 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.8% | -33.7% |
| % Gain to Breakeven | 74.8% | 50.9% |
| Time to Breakeven | 289 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -21.4% | -12.2% |
| % Gain to Breakeven | 27.3% | 13.9% |
| Time to Breakeven | 272 days | 62 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -26.1% | -17.9% |
| % Gain to Breakeven | 35.3% | 21.8% |
| Time to Breakeven | 162 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -78.3% | -53.4% |
| % Gain to Breakeven | 359.8% | 114.4% |
| Time to Breakeven | 2329 days | 1085 days |
In The Past
State Street Financial Select Sector SPDR ETF's stock fell -15.5% during the 2025 US Tariff Shock. Such a loss loss requires a 18.4% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Solarius Capital Acquisition (SOCA)
AI Analysis | Feedback
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- Business Combination Facilitation: Solarius Capital Acquisition functions as a Special Purpose Acquisition Company (SPAC) to identify and execute a merger or acquisition with a private operating business.
AI Analysis | Feedback
Based on the provided description, Solarius Capital Acquisition (SOCA) is a blank check company (a Special Purpose Acquisition Company or SPAC). Its purpose is to effect a business combination with one or more businesses. As of the provided information, SOCA has not selected any specific business combination target and has not engaged in any substantive discussions with potential targets.
Therefore, Solarius Capital Acquisition (SOCA) does not currently have any major customers, as it is not yet an operating company selling products or services to other companies or individuals.
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Richard H. Haywood, Jr. Chief Executive OfficerMr. Haywood has over 30 years of global investment banking and private equity experience. Since 2010, he has served as co-owner and Managing Director of Cambridge International Partners LLC, an investment banking firm specializing in mergers and acquisitions advisory services for the asset and wealth management industries. In this role, he has originated and executed numerous M&A assignments for asset and wealth managers.
Anthony DeLuca Chief Financial Officer and Chief Operating OfficerMr. DeLuca brings over 40 years of global finance and infrastructure experience in the financial services industry. He began his career in public accounting, serving global financial institutions in assurance, audit, and advisory capacities. He spent 15 years at Moore Capital Management, where he served as Chief Financial Officer and a board member, overseeing finance, treasury, accounting, operations, technology, and facilities. During his tenure at Moore, he also represented the firm at the Managed Funds Association, serving two terms on its board and executive committee. Prior to Moore, Mr. DeLuca spent eight years at Morgan Stanley, initially as CFO of its investment management business, where he managed the post-merger integration of several asset management companies following Morgan Stanley's acquisition of Van Kampen and Miller Anderson, and its subsequent merger with Dean Witter. He was also a partner in the financial services practice of Ernst and Young, working with multinational clients including investment management firms, investment banks, broker-dealers, commodities, and energy companies on assurance and advisory engagements. Mr. DeLuca has led M&A due diligence engagements for investment funds involved in venture capital, private equity, real estate, energy, and energy derivatives businesses.
Mohsen Fahmi ChairmanMr. Fahmi currently serves as a guardian of the board of Sarawak Sovereign Wealth Future Fund. He previously served as an advisor to PIMCO and was a Managing Director and Portfolio Manager at PIMCO.
Deborah Kuenstner DirectorMs. Kuenstner possesses over 40 years of investment management experience from prominent investment firms and asset owners. Since 2009, she has been the Chief Investment Officer of Wellesley College, where she oversees the college's $3 billion endowment across various asset classes and geographies. Before joining Wellesley, from 2007 to 2009, Ms. Kuenstner was the first Chief Investment Officer at Brandeis University. From 2005 to 2006, she held the position of Managing Director of research at Fidelity Investments.
AI Analysis | Feedback
Solarius Capital Acquisition (SOCA) faces several key risks inherent to its nature as a blank check company that has not yet completed a business combination.Key Risks to Solarius Capital Acquisition (SOCA)
- Failure to complete a business combination: As a special purpose acquisition company (SPAC), Solarius Capital Acquisition's sole purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. If the company fails to identify and complete an initial business combination within its specified timeframe, it will be forced to liquidate and return the capital held in its trust account to its public shareholders, minus any operational costs. This outcome would mean that the company's "business" effectively ceases to exist, making this the most significant risk.
- Intense competition for attractive acquisition targets: The market for SPAC business combinations is highly competitive, with many blank check companies seeking to acquire suitable private businesses. This competition could make it challenging for Solarius Capital Acquisition to identify and secure a compelling target that aligns with its investment criteria, particularly within its stated focus areas of asset management, wealth management, and financial services.
- Lack of prior SPAC-specific management experience: The company's background explicitly states that "None of our sponsor, officers or directors has previous experience in organizing or managing special purpose acquisition companies." While the management team may possess extensive experience in investment banking, asset management, and financial services, the absence of direct experience in the unique operational and regulatory complexities of organizing and managing a SPAC could introduce additional risks in sourcing, structuring, and executing a successful business combination.
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Increased regulatory scrutiny on special purpose acquisition companies (SPACs) by bodies such as the U.S. Securities and Exchange Commission, which could lead to more stringent disclosure requirements, increased liabilities, and a less favorable environment for de-SPAC transactions. This threatens SOCA's ability to identify and successfully complete a business combination.A significant decline in overall investor confidence and demand for SPACs, leading to higher rates of shareholder redemptions before a de-SPAC transaction and increased difficulty in securing Private Investment in Public Equity (PIPE) financing. This reduces the capital available for an acquisition and makes it harder for SOCA to achieve its primary objective of completing a business combination.
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Share Issuance
- Solarius Capital Acquisition Corp. completed its initial public offering (IPO) on July 17, 2025, issuing 17,250,000 units at $10.00 per unit, which included the full exercise of the underwriter's over-allotment option.
- The IPO generated gross proceeds of $172,500,000.
- Concurrently with the IPO, the company also issued 450,000 private placement units to its sponsor, Solarius Capital Sponsor, LLC, at $10.00 per unit, resulting in gross proceeds of $4,500,000.
Inbound Investments
- The company received $172,500,000 in gross proceeds from its initial public offering.
- An additional $4,500,000 in gross proceeds came from the private placement of units to the company's sponsor.
- A total of $173,362,500 was placed in a U.S.-based trust account, comprising IPO proceeds, underwriter reimbursements, and private placement proceeds.
Trade Ideas
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| 03272026 | JKHY | Jack Henry & Associates | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.3% | 0.3% | -4.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 10.00 |
| Mkt Cap | 0.3 |
| Rev LTM | 0 |
| Op Inc LTM | -1 |
| FCF LTM | -0 |
| FCF 3Y Avg | - |
| CFO LTM | -0 |
| CFO 3Y Avg | - |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | - |
| Rev Chg 3Y Avg | - |
| Rev Chg Q | - |
| QoQ Delta Rev Chg LTM | - |
| Op Inc Chg LTM | - |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | - |
| CFO/Rev 3Y Avg | - |
| FCF/Rev LTM | - |
| FCF/Rev 3Y Avg | - |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.3 |
| P/S | - |
| P/Op Inc | -319.8 |
| P/EBIT | -319.8 |
| P/E | 69.3 |
| P/CFO | -513.4 |
| Total Yield | 1.4% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | - |
| D/E | 0.0 |
| Net D/E | -0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 0.6% |
| 3M Rtn | 1.2% |
| 6M Rtn | 1.2% |
| 12M Rtn | 1.2% |
| 3Y Rtn | 1.2% |
| 1M Excs Rtn | -5.6% |
| 3M Excs Rtn | -9.0% |
| 6M Excs Rtn | -10.9% |
| 12M Excs Rtn | -27.5% |
| 3Y Excs Rtn | -81.6% |
External Quote Links
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