secwatch.observer — SEC 8-K summary
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Issuer:     Social Commerce Partners Corp (SCPQ)
CIK:        0002083143
Form:       8-K
Filed at:   2026-01-07T23:59:59+00:00
Accession:  0001213900-26-002165
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Social Commerce Partners closes IPO, raises $100M; trust funded at $10/share
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- IPO of 10M units at $10/unit; gross proceeds $100M; 24-month window to complete business combination.
- Private placement of 350k units to sponsor and BTIG raises additional $3.5M.
- Trust account holds $100M from IPO and private placement (incl. $3.5M deferred underwriting).
- Audited balance sheet shows $101.3M in assets; shareholders' deficit of $2.56M largely from offering costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2083143/000121390026002165/0001213900-26-002165-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2083143/000121390026002165/ea0270499-8k_social.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-002165

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