Social Commerce Partners Corporation filed its Form 10-Q for the quarter ended September 30, 2026 with the Securities and Exchange Commission on November 4, 2026, covering the three and nine months ended September 30, 2026.

Key Highlights

  • Net income: The company reported net income of $2,137,374 for the nine months ended September 30, 2026, compared to a net loss of $52,704 for the period from August 11, 2025 (inception) through September 30, 2025.
  • Trust Account: Marketable securities held in the Trust Account totaled $102,763,578 as of September 30, 2026, up from $100,059,591 at December 31, 2025.
  • Redemption value: 10,000,000 Class A ordinary shares subject to possible redemption carried a redemption value of $10.28 per share at September 30, 2026, compared to $10.01 per share at December 31, 2025.
  • Shareholders' deficit: Total shareholders' deficit was $(3,153,378) as of September 30, 2026, compared to $(2,586,765) at December 31, 2025.
  • Cash position: Cash was $349,599 at September 30, 2026, down from $1,025,947 at December 31, 2025.
  • Shares outstanding: As of November 4, 2026, there were 10,350,000 Class A ordinary shares and 3,333,333 Class B ordinary shares issued and outstanding.

Social Commerce Partners Financial Position as a Blank Check Company

Social Commerce Partners Corporation, a Cayman Islands-incorporated blank check company listed on NASDAQ:SCPQ, filed its quarterly report covering the period ended September 30, 2026. According to the filing, the company is classified as a shell company under Rule 12b-2 of the Exchange Act and is an emerging growth company. Its principal executive offices are located at 5717 Legacy Drive, #250, Plano, TX 75024.

The filing disclosed that interest earned on marketable securities held in the Trust Account totaled $2,703,987 for the nine months ended September 30, 2026, which the company reported as the source of other income during the period. General and administrative costs for the same nine-month period were $566,613, resulting in a loss from operations of $566,613. For the three months ended September 30, 2026, net income was $802,992, with interest earned on Trust Account securities of $930,488 offset by general and administrative costs of $127,496.

The condensed balance sheet shows total assets of $103,265,732 as of September 30, 2026, against total liabilities of $3,655,532. The liabilities include a deferred underwriting fee of $3,500,000, which remained unchanged from December 31, 2025. The filing also noted that accretion of Class A ordinary shares subject to redemption to redemption amount totaled $880,039, $893,460, and $930,488 for the three quarters ending March 31, June 30, and September 30, 2026, respectively, contributing to the widening accumulated deficit of $(3,153,746) as of September 30, 2026. The Sponsor forfeited 500,000 founder shares for no consideration on December 24, 2025, after the underwriters forfeited their over-allotment option.

What Was Disclosed

Social Commerce Partners Corporation disclosed its unaudited condensed financial statements for the quarter and nine months ended September 30, 2026, including balance sheet data, income from Trust Account interest, general and administrative expenses, share counts, and shareholders' deficit figures, as a blank check company seeking a business combination.