secwatch.observer — SEC 8-K summary
======================================

Issuer:     SPACCircle Acquisition Corp. (SCQC)
CIK:        0002131303
Form:       8-K
Filed at:   2026-10-28T20:31:07+00:00
Accession:  0001185185-26-005042
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

SPACCircle Acquisition Corp. closes $100 million IPO, placing $100.5 million in trust
--------------------------------------------------------------------------------

- SPACCircle Acquisition Corp. closed its $100 million IPO of 10,000,000 units at $10.00 per unit on Oct. 28, 2026, with D. Boral Capital as sole book-running manager.
- Sold 266,590 private placement units to SPACCircle Sponsor LLC at $10.00 each for $2,665,900, issued under the Section 4(a)(2) exemption.
- $100,500,000 ($10.05 per public unit) went into a trust held by Equiniti Trust Company, releasable only on a business combination, redemption, or charter amendment.
- Appointed Jeffrey W. Cordell, Stephen Markscheid, Diana Glassman and Daniel Torpey to the board; Torpey chairs Audit, Glassman chairs Compensation.
- Underwriters hold a 45-day option for up to 1,500,000 additional units; the trust includes up to $4,000,000 of deferred underwriting commissions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2131303/000118518526005042/0001185185-26-005042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2131303/000118518526005042/spac8k102726.htm
  HTML page:      https://secwatch.observer/filing/0001185185-26-005042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer