---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-26-005145"
form_type: "8-K"
ticker: "SCQC"
cik: "0002131303"
company_name: "SPACCircle Acquisition Corp."
filed_at: "2026-11-03T22:00:20+00:00"
generated_at: "2026-11-03T22:02:13.418267+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# SPACCircle closes $100M IPO, $2.67M sponsor placement; 750,000 Class B shares forfeited

## Summary
- Closed IPO of 10,000,000 units at $10.00/unit, raising $100M gross; each unit holds one Class A share, one $11.50 warrant and one right to half a share.
- Sponsor SPACCircle Sponsor LLC bought 266,590 private placement units at $10.00, adding $2,665,900; $100,500,000 ($10.05/unit) placed in Equiniti Trust.
- Underwriters said Nov. 2, 2026 they would not exercise the over-allotment; 750,000 Class B shares were forfeited and cancelled to keep initial holders at about 33%.
- Audited balance sheet shows $621,457 cash, $4.0M deferred underwriting fee payable, and $3,413,603 shareholders' deficit.
- Going-concern doubt cited; company must complete a business combination by Oct. 28, 2027 or cease operations and liquidate.

## SEC filing metadata
- accession: 0001185185-26-005145
- form_type: 8-K
- ticker: SCQC
- cik: 0002131303
- company_name: SPACCircle Acquisition Corp.
- filed_at: 2026-11-03T22:00:20+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2131303/000118518526005145/0001185185-26-005145-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2131303/000118518526005145/spac8k110226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-26-005145
- JSON: https://secwatch.observer/filing/0001185185-26-005145.json
- Plain text: https://secwatch.observer/filing/0001185185-26-005145.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.