Social Commerce Partners Corp
For the period ended Jun 30, 2026. Filed Aug 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 5, 2026
What changed in Management’s Discussion and Analysis?
Read the current filingPrevious report: 10-Q
Period ended 2026-03-31; filed 2026-05-05.
0001213900-26-052183
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsCurrent report: 10-Q
Period ended 2026-06-30; filed 2026-08-05.
0001213900-26-085807
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 27 previous paragraphs and 28 current paragraphs.
23 unchanged; 4 reworded; 1 added; 0 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (1)
Current report
For the six months ended June 30, 2026, we had a net income of $1,334,382, which consist of interest earned on marketable securities held in Trust Account of $1,773,499, offset by general and administrative expenses of $439,117.
Reworded paragraphs (4)
Previous wording
For the three months ended March 31, 2026, we had a net income of $607,344, which consist of interest earned on marketable securities held in Trust Account of $880,040 offset by, operating costs of $272,696.
Current wording
For the three months ended June 30, 2026, we had a net income of $727,038, which consist of interest earned on marketable securities held in Trust Account of $893,459, offset by general and administrative expenses of $166,421.
Previous wording
For the three months ended March 31, 2026, net cash used in operating activities was $478,493. Net income (loss) of $607,344 was affected by interest earned on marketable securities held in Trust Account of $880,040. Changes in operating assets and liabilities used $205,797 of cash for operating activities.
Current wording
For the six months ended June 30, 2026, net cash used in operating activities was $620,025. Net income of $1,334,382 was affected by interest earned on marketable securities held in the Trust Account of $1,773,499. Changes in operating assets and liabilities used $180,908 of cash for operating activities.
Previous wording
As of March 31, 2026, we had cash held in the trust account of $100,939,630 consisting of money market funds with a maturity of 185 days or less. We may withdraw interest from the trust account as described above. We intend to use substantially all of the funds held in the trust account, including any amounts representing interest earned on the trust account (which interest shall be net of any permitted withdrawals and excluding deferred underwriting commissions), to complete our business combination. To the extent that our share capital or debt is used, in whole or in part, as consideration to complete our business combination, the remaining proceeds held in the trust account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.
Current wording
As of June 30, 2026, we had cash held in the trust account of $101,833,090 consisting of money market funds with a maturity of 185 days or less. We may withdraw interest from the trust account as described above. We intend to use substantially all of the funds held in the trust account, including any amounts representing interest earned on the trust account (which interest shall be net of any permitted withdrawals and excluding deferred underwriting commissions), to complete our business combination. To the extent that our share capital or debt is used, in whole or in part, as consideration to complete our business combination, the remaining proceeds held in the trust account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.
Previous wording
As of March 31, 2026, we had cash of $524,610. We intend to use the funds held outside the trust account primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, and structure, negotiate and complete a business combination.
Current wording
As of June 30, 2026, we had cash of $383,078. We intend to use the funds held outside the trust account primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, and structure, negotiate and complete a business combination.