Here are the Form 4 insider transactions from Social Commerce Partners Corporation Unit (SCPQU) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow SCPQU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SCPQU filings page.
Social Commerce Partners Corp reported an insider-related purchase of private units through its sponsor, Social Commerce Acquisition Partners, LLC. The sponsor bought 250,000 private units, each at $10.00, for an aggregate of $2,500,000. Each private unit consists of one Class A ordinary share and one-half of one warrant, resulting in 250,000 Class A shares and 125,000 warrants.
Each whole warrant entitles the holder to purchase one Class A ordinary share at $11.50 per share. The warrants become exercisable 30 days after completion of the company’s initial business combination and expire five years after that business combination, or earlier upon redemption or liquidation. The Form 4 is filed by Chief Executive Officer Stuart Johnson as managing member of the sponsor, who has voting and dispositive power but disclaims beneficial ownership except to the extent of his pecuniary interest.