Soumen Das, a director and 10% owner, filed an initial statement of beneficial ownership on Form 3 with the SEC on October 26, 2026, disclosing indirect holdings in SPACCircle Acquisition Corp. (NASDAQ:SCQCU) through affiliated entities.

Key Highlights

  • Reporting person: Soumen Das is identified as both a Director and a 10% Owner of SPACCircle Acquisition Corp.
  • Derivative securities disclosed: 5,750,000 Class B Ordinary Shares (par value $0.0001 per share) are reported as indirectly beneficially owned, held through SPACCircle Sponsor LLC.
  • Forfeiture condition: According to the filing, up to 750,000 of the reported Class B ordinary shares are subject to forfeiture if the underwriters do not exercise in full their over-allotment option.
  • Conversion feature: The filing states the Class B ordinary shares will automatically convert into Class A ordinary shares on a one-for-one basis at the time of the issuer's initial business combination, or earlier at the holder's option, subject to adjustment.
  • Filing entities: Three reporting persons are named: Soumen Das, SPACCircle Sponsor LLC (direct holder), and SPACCatalyst LLC (managing member of the Sponsor).
  • Ownership structure: The filing states that Soumen Das and MiteshKumar Patel are the managing members of SPACCatalyst LLC, which is the managing member of SPACCircle Sponsor LLC.

Indirect Beneficial Ownership Structure Disclosed for SPACCircle Acquisition Corp.

Soumen Das filed a Form 3 initial statement of beneficial ownership dated October 26, 2026, relating to securities of SPACCircle Acquisition Corp. (NASDAQ:SCQCU). The filing was submitted jointly by three reporting persons: Soumen Das individually, SPACCircle Sponsor LLC, and SPACCatalyst LLC, all sharing the address 8795 Folsom Blvd, Sacramento, California 95826, according to the filing.

The filing reports 5,750,000 Class B Ordinary Shares (par value $0.0001 per share) as derivative securities indirectly beneficially owned by Soumen Das. The shares are directly held by SPACCircle Sponsor LLC, identified as the Sponsor. According to the filing's footnotes, the Class B ordinary shares are convertible into Class A Ordinary Shares (par value $0.0001 per share) on a one-for-one basis at the time of the issuer's initial business combination, or at any time prior to that event at the option of the holder, subject to adjustment as described in the issuer's registration statement on Form S-1 (File No. 333-298956). The Class B ordinary shares have no expiration date, the filing states.

The filing further discloses that up to 750,000 of the reported Class B ordinary shares are subject to forfeiture if the underwriters of the issuer's initial public offering do not exercise in full the over-allotment option granted to them. No non-derivative securities are listed in Table I of the filing. Soumen Das and MiteshKumar Patel are identified as managing members of SPACCatalyst LLC, which serves as managing member of SPACCircle Sponsor LLC.

What Was Disclosed

This Form 3 discloses Soumen Das's initial beneficial ownership position in SPACCircle Acquisition Corp. as of October 26, 2026, covering 5,750,000 Class B Ordinary Shares held indirectly through SPACCircle Sponsor LLC, with up to 750,000 shares subject to forfeiture depending on underwriter over-allotment exercise.