Recent Updates — SCQC

SPACCircle Acquisition Corp. consummated its initial public offering on October 28, 2026, selling 10,000,000 units at $10.00 per unit for gross proceeds of $100 million. Simultaneously, the company sold 266,590 private placement units to its sponsor for $2,665,900. A total of $100,500,000 was placed in a U.S.-based trust account. Each unit comprises one Class A ordinary share, one warrant exercisable at $11.50 per share, and one right to receive half an ordinary share upon completion of a business combination. The company operates as a blank check company formed to effect a merger or acquisition with one or more businesses.