SPACCircle Acquisition (SCQC) priced its initial public offering of units, setting the offering size at $100 million.
The offering comprises 10,000,000 units at $10.00 each. Each unit includes one Class A ordinary share, one redeemable warrant to buy one Class A ordinary share at $11.50, and one right to receive half a Class A ordinary share upon completion of an initial business combination. Units begin trading on the Nasdaq Global Market under SCQCU on October 26, 2026. The company expects the offering to close on October 28, 2026, subject to customary closing conditions.
Underwriters have a 45-day option to purchase up to 1,500,000 additional units at the IPO price to cover over-allotments. The company was formed to pursue a business combination and may seek a target in any business or industry.