An amended beneficial ownership statement covering a transaction dated October 28, 2026 was filed on November 4, 2026, by Soumen Das, MiteshKumar Patel, SPACCatalyst LLC, and SPACCircle Sponsor LLC, each identified as reporting persons with respect to SPACCircle Acquisition Corp. (NASDAQ:SCQCU).

Key Highlights

  • Transaction date: October 28, 2026, with a deemed execution date also of October 28, 2026.
  • Security acquired: 266,590 Class A Ordinary Shares, coded as a purchase (P), at a price of $10 per share.
  • Unit composition: Each private placement unit consists of one Class A ordinary share, one warrant exercisable to purchase one Class A ordinary share, and one right to receive one-half (1/2) of one Class A ordinary share, according to the filing.
  • Beneficial ownership following the transaction: 266,590 Class A Ordinary Shares, held indirectly by Soumen Das through SPACCircle Sponsor LLC.
  • Structure of control: Soumen Das and MiteshKumar Patel are managing members of SPACCatalyst LLC, which is the managing member of SPACCircle Sponsor LLC, the direct holder of the shares.
  • Disclaimer: Each of Messrs. Das and Patel "disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly," as stated in the filing.
  • Amendment: This filing is an amendment to an original filed on October 29, 2026.

Private Placement Units Acquired by SPACCircle Sponsor at $10 Per Share

According to the filing, SPACCircle Sponsor LLC acquired 266,590 Class A Ordinary Shares of SPACCircle Acquisition Corp. (NASDAQ:SCQCU) on October 28, 2026, through a Private Placement Units Purchase Agreement between the Sponsor and SPACCircle Acquisition Corp. The shares are held directly by SPACCircle Sponsor LLC and are classified as indirectly beneficially owned by Soumen Das, who serves as a director and 10% owner of the issuer. The purchase price was reported as $10 per share.

The filing identifies SPACCircle Acquisition Corp. as a special purpose acquisition company. The private placement units underlying the reported shares each include not only one Class A ordinary share, but also one warrant exercisable for one additional Class A ordinary share and one right convertible into one-half of one Class A ordinary share. This unit structure is characteristic of SPAC private placements, in which sponsor-related entities purchase units alongside a public offering to fund operating costs and the trust account.

Soumen Das and MiteshKumar Patel hold the reported securities indirectly through a layered ownership structure: both individuals are managing members of SPACCatalyst LLC, which in turn serves as the managing member of SPACCircle Sponsor LLC. The filing states that each of Messrs. Das and Patel "may be deemed to possess beneficial ownership of the securities held directly by the Sponsor" by virtue of their voting and investment discretion over those holdings.

What Was Disclosed

This amended statement disclosed a purchase of 266,590 Class A Ordinary Shares of SPACCircle Acquisition Corp. at $10 per share on October 28, 2026, by SPACCircle Sponsor LLC, with Soumen Das, MiteshKumar Patel, SPACCatalyst LLC, and SPACCircle Sponsor LLC named as joint reporting persons.