I need to check whether the filing names a ticker/exchange. The filing is a Schedule 13D for SPACCircle Acquisition Corp. The filing text does not contain a registered-securities table with an exchange and ticker symbol stated explicitly. The reference ticker is NASDAQ:SCQC, but per Source-Fidelity Rule 4, I cannot state a ticker not written in the source text. I will omit the exchange:ticker notation. The substantive content is well over 150 words, so I proceed.

SPACCircle Sponsor LLC, along with related reporting persons Soumen Das, MiteshKumar Patel, and SPACCatalyst LLC, filed a Schedule 13D with the SEC on November 3, 2026, disclosing beneficial ownership of 5,266,590 ordinary shares of SPACCircle Acquisition Corp. following a triggering event dated October 28, 2026.

Key Highlights

  • Aggregate beneficial ownership: Each reporting person is associated with 5,266,590 shares of SPACCircle Acquisition Corp., representing 34.50% of the class, according to the filing.
  • Share composition: The 5,266,590 shares consist of 266,590 Class A Ordinary Shares (par value $0.0001) and 5,000,000 Class B Ordinary Shares (par value $0.0001), as disclosed in the filing.
  • Forfeiture of founder shares: The filing states that SPACCircle Sponsor LLC forfeited 750,000 Class B Ordinary Shares on November 2, 2026, as a result of the underwriters forfeiting their over-allotment option in the issuer's initial public offering.
  • Private placement units: The 266,590 Class A Ordinary Shares were acquired pursuant to a Private Placement Units Purchase Agreement between the Sponsor and the issuer, according to the filing.
  • Disclaimers of beneficial ownership: The filing reports that Soumen Das and MiteshKumar Patel each disclaim ownership of the reported securities "other than to the extent of any pecuniary interest he may have therein, directly or indirectly."
  • Source of funds: SPACCircle Sponsor LLC listed its source of funds as working capital (WC); Das, Patel, and SPACCatalyst LLC each listed OO (other).

SPACCircle Sponsor LLC Discloses Post-IPO Ownership Structure After Over-Allotment Lapse

According to the Schedule 13D filed November 3, 2026, the triggering event for the filing occurred on October 28, 2026. The four reporting persons are SPACCircle Sponsor LLC (a Delaware entity), Soumen Das (a U.S. citizen and director of the issuer), MiteshKumar Patel (a U.S. citizen), and SPACCatalyst LLC (a Nevada entity). The filing describes SPACCatalyst LLC as the managing member of SPACCircle Sponsor LLC, and identifies Das and Patel as managing members of SPACCatalyst LLC.

The filing reports that SPACCircle Sponsor LLC holds sole voting and dispositive power over all 5,266,590 shares, while Das, Patel, and SPACCatalyst LLC each report shared voting and dispositive power over the same 5,266,590 shares, with no sole voting or dispositive power. The Class B Ordinary Shares are described in the filing as "automatically convertible into Class A Ordinary Shares at the time of the Issuer's initial business combination on a one-for-one basis, or at any time prior to the Issuer's initial business combination, at the option of the holder," subject to adjustment as described in the issuer's Form S-1 registration statement (File No. 333-298956).

Each unit associated with the 266,590 Class A Ordinary Shares is described in the filing as consisting of one Class A Ordinary Share, one warrant exercisable into one Class A Ordinary Share 30 days following consummation of the initial business combination, and one right to receive one-half (1/2) of one Class A Ordinary Share upon consummation of the initial business combination. The filing notes the 750,000 Class B Ordinary Shares were forfeited on November 2, 2026, after underwriters did not exercise their over-allotment option, and the reported share counts reflect that forfeiture.

What Was Disclosed

A Schedule 13D filed November 3, 2026, discloses that SPACCircle Sponsor LLC and related parties hold 5,266,590 ordinary shares, equal to 34.50% of the class, in SPACCircle Acquisition Corp., following a November 2, 2026 forfeiture of 750,000 Class B Ordinary Shares tied to the lapse of the underwriters' over-allotment option.