Samos Energy Acquisition Corp (SAMO)

Price$9.81Cached quoteAs of 2026-09-05 06:23 UTC

AI: Fair-priced

NYSE-listed SPAC with $230 million initial trustSEC records identify Class A shares SAMO, units SAMO.U and warrants SAMO.WS. Each unit contains one Class A share and half a redeemable warrant.

The Cayman Islands registrant has CIK 0002125567. The July 13 IPO sold 23m units at $10 including full overallotment, for $230m gross and initial trust funding. Each whole warrant can buy one Class A share at $11.50, subject to terms. Trust is restricted and is not operating cash, market capitalization or enterprise value. No rights ticker was identified.

Shares trade near initial redemption value, but discount is not arbitrageThe latest corroborated close was $9.80 on October 26, about 2% below the initial $10 trust allocation; reported volume was 11,029 shares.

The quote is historical, not a verified October 28 execution. Public shares at $9.80 imply about $225.4m indicative public equity value. Including 5.75m founder shares would imply about $281.75m headline share capitalization, but founders are not public redeemable shares. Redemption reflects trust interest and permitted deductions and is event-dependent; thin liquidity, costs and timing matter.

Restricted trust, limited outside cash and material deal liabilitiesThe audited July 13 post-IPO balance sheet showed $7 outside-trust cash, $1.91m due from sponsor and $11.05m total liabilities.

Current liabilities were $422,844, deferred legal fees $825,000 and deferred underwriting fees $9.8m. The sponsor remitted net $1.754m on July 17 after offsets, so the $7 snapshot is not October cash. The August 24 10-Q preceded the IPO and recorded subsequent events; no verified October 28 unrestricted-cash balance was found. Deferred underwriting fees are transaction-contingent, not necessarily immediate redemption deductions.

Long acquisition runway but meaningful founder and warrant dilutionThe original completion deadline is July 13, 2028; no extension, definitive target or completed combination was verified.

Capitalization includes 23m public shares, 5.75m founder shares (20% of initial ordinary shares), and 17.5m whole public/private warrants. Full warrant exercise could imply 46.25m ordinary shares before other issuance, but this is a scenario, not current dilution or guaranteed cash. The separate Samos Energy Group operating assets must not be attributed to the SPAC.

AI: News

August 31: Class A shares and warrants begin separate tradingThe issuer confirmed separate NYSE trading as SAMO and SAMO.WS, while units continue as SAMO.U.

Holders could separate securities beginning August 31. This clarifies instrument trading but does not represent an acquisition announcement or completed transaction.

July 13: closes $230 million IPOThe issuer sold 23m units at $10, including the full 3m-unit overallotment, and funded initial trust with $230m.

A concurrent private placement also occurred. IPO proceeds and trust are not operating revenue; the company remained a shell seeking a business combination.

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Revenue

Q2.26

Net income

Q1.26

Q2.26

Free cash flow

No reported data

Total cash / debt

CashTotal debt

Q1.26

As of Mar 31, 2026

As of Jun 30, 2026

Financial statements

	Q2.26	Q1.26
Revenue	$0	N/A
Operating expenses	$33,747	N/A
Operating income	−$33,747	−$28,393
EBITDA	−$33,747	N/A
Net income	−$33,747	−$28,393

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Owners

Reported shareholders

Ownership data is not available for this listing yet.

Insider buys & sells

Oct 1, 2024–Sep 30, 2026

Buys0$0.00 disclosed value

Sells (SEC code S)0$0.00 disclosed value

No insider transactions transactions were reported in the stored SEC coverage.

Review ownership filings at SEC.gov ↗

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