Social Commerce Partners Corp 8-K

What Happened
Social Commerce Partners Corporation announced it consummated its initial public offering (IPO) on December 24, 2025, selling 10,000,000 units at $10.00 per unit for gross proceeds of $100,000,000. Simultaneously, the company completed a private placement of 350,000 units for $3,500,000 to the Sponsor (250,000 units) and BTIG (100,000 units). Each unit consists of one Class A ordinary share and one-half of a redeemable warrant; each whole warrant entitles the holder to buy one Class A share at $11.50 (subject to adjustment). An audited balance sheet as of December 24, 2025 reflecting receipt of these proceeds was filed as Exhibit 99.1.

Key Details

• IPO: 10,000,000 units sold at $10.00 per unit, generating $100,000,000 gross.
• Private placement: 350,000 units at $10.00 per unit, generating $3,500,000 (Sponsor bought 250,000; BTIG bought 100,000).
• Unit makeup: 1 Class A ordinary share + 1/2 redeemable warrant; whole warrant exercise price $11.50 (subject to adjustment).
• As of Dec 24, 2025, $100,000,000 of net proceeds (which included $3,500,000 in deferred underwriting commissions) were deposited in a trust account for the benefit of the company’s public shareholders.

Why It Matters
This filing confirms the company is publicly funded following its IPO and related private placement, with substantial proceeds ($100M) held in a trust for public shareholders. For investors, that means the funds are segregated and not immediately available for general corporate use; shareholders should monitor future filings for the company’s plans for those funds, any potential business combinations, redemptions, or other material actions. The audited balance sheet (Exhibit 99.1) provides a verified snapshot of the company’s financial position at the IPO closing date.