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Social Commerce Partners Corporation, a Cayman Islands blank check company, reported net income of $727,038 for the quarter and $1,334,382 for the six months ended June 30, 2026, driven by $893,459 and $1,773,499 of interest on $101,833,090 held in its trust account.
Total assets were $102,441,782 as of June 30, 2026, including cash outside the trust of $383,078 and working capital of $440,666, while general and administrative costs were $166,421 for the quarter and $439,117 year-to-date.
Management states that expected costs to identify and complete a business combination relative to limited cash resources raise substantial doubt about the company’s ability to continue as a going concern during the 24 months following its December 24, 2025 initial public offering (the “Completion Window”).
Social Commerce Partners Corporation, a SPAC, reported net income of $607,344 for the quarter ended March 31, 2026, driven by $880,040 of interest on funds held in its Trust Account and offset by $272,696 of general and administrative costs.
The company held $100,939,630 of marketable securities in its Trust Account and cash of $524,610 outside the trust, with working capital of $589,585. Management discloses that expected transaction and operating costs raise substantial doubt about its ability to continue as a going concern if no business combination is completed within the 24‑month window.