Social Commerce Partners Corporation Announces Pricing of $100,000,000 Initial Public Offering

Rhea-AI Summary

Social Commerce Partners Corporation (NASDAQ:SCPQ) priced a $100,000,000 initial public offering on December 22, 2025. The offering consists of 10,000,000 units at $10.00 per unit; each unit includes one Class A ordinary share and one-half redeemable warrant. Each whole warrant will be exercisable 30 days after completion of the company’s initial business combination to buy one Class A ordinary share at $11.50 per share.

The units are expected to begin trading on Nasdaq as SCPQU on December 23, 2025; separated shares and warrants are expected to trade as SCPQ and SCPQW. BTIG is sole book‑running manager and has a 45‑day option to purchase up to 1,500,000 additional units to cover over‑allotments. The offering is expected to close on December 24, 2025, subject to customary closing conditions.

Positive

• Initial offering of $100,000,000 (10,000,000 units)
• Units expected to trade on Nasdaq as SCPQU on Dec 23, 2025
• Underwriter granted 45‑day 15% over‑allotment option (1,500,000 units)

Negative

• Possible supply increase up to 15% from over‑allotment option
• Warrants exercisable only after initial business combination (delayed exercise)

Plano, TX, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Social Commerce Partners Corporation (the “Company”), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company, today announced the pricing of its initial public offering of 10,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant, which becomes exercisable 30 days after the completion of the Company’s initial business combination, will entitle the holder thereof to purchase one Class A ordinary share at $11.50 per share. The units are expected to trade on the Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbol “SCPQU” beginning December 23, 2025. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, the Class A ordinary shares and the warrants are expected to be traded on Nasdaq under the symbols “SCPQ” and “SCPQW,” respectively.

BTIG, LLC is acting as sole book-running manager for the offering.

The Company has granted the underwriter a 45-day option to purchase up to an additional 1,500,000 units at the initial public offering price to cover over-allotments, if any. The offering is expected to close on December 24, 2025, subject to customary closing conditions.

A registration statement relating to the securities sold in the initial public offering was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on December 22, 2025. The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from: BTIG, LLC, 65 East 55th Street New York, New York 10022, Attn: Syndicate Department, or by email at ProspectusDelivery@btig.com, or by accessing the SEC’s website at www.sec.gov.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Social Commerce Partners Corporation

Social Commerce Partners Corporation is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue a business combination in any sector, the Company will primarily focus on target businesses in the social commerce (direct selling) industry. The Company’s management team is led by Stuart Johnson, its Chief Executive Officer and Chairman of the Board of Directors (the “Board”), and Harley (Michael) Rollins, its Chief Financial Officer and Director. In addition, the Board includes Wayne Moorehead, Peter Griscom and Heather Chastain.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s initial public offering (“IPO”) and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of Social Commerce Partners Corporation, including those set forth in the Risk Factors section of Social Commerce Partners Corporation’s registration statement and preliminary prospectus for the IPO filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. Social Commerce Partners Corporation undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contacts:
Stuart Johnson
Chief Executive Officer
SPJ@socialcommerce.partners

FAQ

What is the size and price of Social Commerce Partners (SCPQ) initial public offering?

The IPO is 10,000,000 units at $10.00 per unit, totaling $100,000,000.

When will SCPQ units begin trading on Nasdaq and under what ticker?

Units are expected to begin trading on Nasdaq as SCPQU on December 23, 2025.

What do SCPQ units consist of and what are the warrant terms?

Each unit contains one Class A ordinary share and one‑half redeemable warrant; whole warrants exercisable 30 days after a business combination at $11.50 per share.

Is there an over‑allotment option in the SCPQ IPO and how large is it?

Yes; the underwriter has a 45‑day option to buy up to 1,500,000 units (15%) to cover over‑allotments.

When is the SCPQ offering expected to close?

The offering is expected to close on December 24, 2025, subject to customary closing conditions.

Under which tickers will the separated shares and warrants trade for SCPQ?

Once separated, Class A ordinary shares are expected to trade as SCPQ and warrants as SCPQW.