Southern Cross Acquisition I Corp. (NCO) has a large shareholder group led by Sculptor Capital entities that collectively report beneficial ownership of 625,000 ordinary shares of the company’s Class A ordinary shares.
Southern Cross Acquisition I Corp. (NCO) has a large shareholder group led by Sculptor Capital entities that collectively report beneficial ownership of 625,000 ordinary shares of the company’s Class A ordinary shares. This represents 5.32% of the class, calculated using 11,739,300 Class A ordinary shares outstanding as referenced from a July 23, 2026 Form 8-K.
Sculptor Capital LP and Sculptor Capital II LP act as principal investment managers to various private funds and accounts that hold the shares, with related entities (SCHC, SCHC-II, SCU and Sculptor Master Fund, Ltd.) potentially deemed beneficial owners through their control or advisory roles. The group reports no sole voting or dispositive power but shared voting and dispositive power over all 625,000 shares, reflecting a coordinated investment position managed across the reporting business units of Sculptor.
Positive
None.
Negative
None.
Key Figures
Beneficially owned shares:625,000 sharesPercent of class owned:5.32%Shares outstanding baseline:11,739,300 shares+2 more
5 metrics
Beneficially owned shares625,000 sharesOrdinary shares of Southern Cross Acquisition I Corp. beneficially owned by Sculptor group
Percent of class owned5.32%Ownership percentage of Class A ordinary shares held by Sculptor group
Shares outstanding baseline11,739,300 sharesClass A ordinary shares outstanding used to calculate ownership percentage
Shared voting power625,000 sharesShares over which the group has shared power to vote or direct the vote
Shared dispositive power625,000 sharesShares over which the group has shared power to dispose or direct disposition
Key Terms
beneficial owner, dispositive power, Schedule 13G, principal investment manager, +1 more
5 terms
beneficial ownerfinancial
"may be deemed beneficial owners of the Ordinary Shares in the Accounts"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
dispositive powerfinancial
"Shared Dispositive Power 625,000.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13Gregulatory
"The Ordinary Shares reported in this are held in the Account(s)"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
principal investment managerfinancial
"Sculptor...is the principal investment manager to a number of private funds"
SEC Release No. 34-39538regulatory
"In accordance with SEC Release No. 34-39538 (January 12, 1998)"
FAQ
How much of Southern Cross Acquisition I Corp. (NCO) does Sculptor Capital beneficially own?
Sculptor-related entities report beneficial ownership of 625,000 Class A ordinary shares of Southern Cross Acquisition I Corp., representing 5.32% of the class. The stake is held across multiple managed accounts and funds under Sculptor’s investment management.
What voting and dispositive power do Sculptor entities have over NCO shares?
The Sculptor group reports 0 shares with sole voting or dispositive power and 625,000 shares with shared voting and shared dispositive power. This means decisions over these shares are made collectively through the investment management structure, not by any single entity alone.
On what share count is Sculptor’s 5.32% ownership of NCO based?
The reported 5.32% ownership is calculated using 11,739,300 Class A ordinary shares outstanding for Southern Cross Acquisition I Corp. This outstanding share figure is taken from the issuer’s Form 8-K filed July 23, 2026.
Which Sculptor-related entities are included in the NCO Schedule 13G filing?
Entities include Sculptor Capital LP, Sculptor Capital II LP, Sculptor Capital Holding Corporation, Sculptor Capital Holding II LLC, Sculptor Capital Management, Inc., and Sculptor Master Fund, Ltd.. They may be deemed beneficial owners through investment management, general partner, or parent company relationships.
How are the NCO shares actually held under Sculptor’s management?
The 625,000 ordinary shares are held in various private funds and discretionary accounts (the “Accounts”) for which Sculptor Capital LP and Sculptor Capital II LP serve as principal investment managers. These accounts, rather than Sculptor personally, hold legal title to the shares.
Who signed the Schedule 13G for Southern Cross Acquisition I Corp. on behalf of Sculptor?
The filing is signed by Ellen Conti, identified as Chief Financial Officer. Multiple signature blocks dated July 28, 2026 reflect execution for the various Sculptor-related reporting entities named in the Schedule 13G.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Southern Cross Acquisition I Corp.
(Name of Issuer)
Ordinary shares, par value $0.0001 per share
(Title of Class of Securities)
G82934129
(CUSIP Number)
07/22/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G82934129
1
Names of Reporting Persons
Sculptor Capital LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
625,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
625,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
625,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.32 %
12
Type of Reporting Person (See Instructions)
IA
Comment for Type of Reporting Person: Sculptor Capital LP ("Sculptor"), a Delaware limited partnership, is the principal investment manager to a number of private funds and discretionary accounts (collectively, the "Accounts").
SCHEDULE 13G
CUSIP Number(s):
G82934129
1
Names of Reporting Persons
Sculptor Capital II LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
625,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
625,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
625,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.32 %
12
Type of Reporting Person (See Instructions)
IA
Comment for Type of Reporting Person: Sculptor Capital II LP ("Sculptor-II"), a Delaware limited partnership that is wholly owned by Sculptor, also serves as the investment manager to certain of the Accounts. The Ordinary Shares reported in this Schedule 13G are held in the Account(s) managed by Sculptor and Sculptor-II.
SCHEDULE 13G
CUSIP Number(s):
G82934129
1
Names of Reporting Persons
Sculptor Capital Holding Corp
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
625,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
625,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
625,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.32 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: Sculptor Capital Holding Corporation ("SCHC"), a Delaware corporation, serves as the general partner of Sculptor.
SCHEDULE 13G
CUSIP Number(s):
G82934129
1
Names of Reporting Persons
Sculptor Capital Holding II LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
625,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
625,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
625,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.32 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: Sculptor Capital Holding II LLC ("SCHC-II"), a Delaware limited liability company that is wholly owned by Sculptor, serves as the general partner of Sculptor-II.
SCHEDULE 13G
CUSIP Number(s):
G82934129
1
Names of Reporting Persons
Sculptor Capital Management, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
625,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
625,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
625,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.32 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: Sculptor Capital Management, Inc. ("SCU"), a Delaware limited liability company, is a holding company that is the sole shareholder of SCHC and the ultimate parent company of Sculptor and Sculptor-II.
SCHEDULE 13G
CUSIP Number(s):
G82934129
1
Names of Reporting Persons
Sculptor Master Fund, Ltd.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
625,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
625,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
625,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.32 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: Sculptor Master Fund, Ltd. ("SCMF") is a Cayman Islands company. Sculptor is the investment adviser to SCMF.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Southern Cross Acquisition I Corp.
(b)
Address of issuer's principal executive offices:
1412 BROADWAY, 21ST FLOOR SUITE 21V, NEW YORK, NY, 10018
Item 2.
(a)
Name of person filing:
Sculptor Capital LP
(b)
Address or principal business office or, if none, residence:
9 West 57th Street, 40th Floor, New York, NY 10019
(c)
Citizenship:
Delaware
(d)
Title of class of securities:
Ordinary shares, par value $0.0001 per share
(e)
CUSIP Number(s):
G82934129
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
625,000
(b)
Percent of class:
5.32%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
625,000
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
625,000
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Sculptor and Sculptor-II serve as the principal investment managers to the Accounts and thus may be deemed beneficial owners of the Ordinary Shares in the Accounts managed by Sculptor and Sculptor-II. SCHC-II serves as the sole general partner of Sculptor-II and is wholly owned by Sculptor. SCHC serves as the sole general partner of Sculptor. As such, SCHC and SCHC-II may be deemed to control Sculptor as well as Sculptor-II and, therefore, may be deemed to be the beneficial owners of the Ordinary Shares reported in this Schedule 13G. SCU is the sole shareholder of SCHC, and, for purposes of this Schedule 13G, may be deemed a beneficial owner of the Ordinary Shares reported herein.
In accordance with SEC Release No. 34-39538 (January 12, 1998) (the "Release"), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of Sculptor Capital LP and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with the Release.
The percentages reported in this Schedule 13G have been calculated based on 11,739,300 Class A ordinary shares outstanding, as set forth in the Issuer's Form 8-K filed July 23rd, 2026.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Item 6
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
