SCPQ · Social Commerce Partners Corp
$10.12
At close · Sep 2
Going-concern doubt
— flagged Aug 5, 2026
Substantial doubt about the company's ability to continue as a going concern.
“In connection with the Company's assessment of going concern in accordance with FASB ASC 205-40, "Presentation of Financial Statements - Going Concern", the Company has determined that it has incurred and expects to continue to incur significant costs in pursuit of its acquisition plans. If the estimate of the costs of identifying a target business, undertaking in-depth due diligence and negotiating a Business Combination are less than the actual amount necessary to do so, the Company may have insufficient funds available to operate its business prior to the Initial Business Combination. Such potential liquidity shortfall raises substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 5, 2026
Market Cap
$137.24M
Shares
13.68M
Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.
Holders: 45
Total Value: $96,555,308
Total Shares: 13,350,922
Institutional Ownership Trend
3 quarters
Holder Concentration
Across 45 13F filers · Δ vs Mar 31, 2026Top Holder
8.4%
−8.0 pts
Top 5
30.9%
−39.2 pts
Top 10
52.7%
−43.1 pts
HHI
410
Broadly held−763
Quarterly Activity
vs Mar 31, 2026
New
1
Increased
10
Decreased
14
Sold Out
3
Unchanged
20
Holder count:
-2
Institutional value:
+297.6%
Shares held:
+4.9%
Top Buyers
vs Mar 31, 2026| Institution | Added | Now Holds | Open |
|---|---|---|---|
| Mega MILLENNIUM MANAGEMENT LLC | +200,000 | 600,000 | |
| Large COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | +187,500 | 375,000 | |
| Mid MMCAP International Inc. SPC | +150,000 | 450,000 | |
| Large PICTON MAHONEY ASSET MANAGEMENT | +137,500 | 412,500 | |
| Mid Kryger Capital LLC | +97,893 | 301,585 |
Top Sellers
vs Mar 31, 2026| Institution | Sold | Now Holds | Open |
|---|---|---|---|
| Small Shaolin Capital Management LLC | −65,574 | 530,128 | |
| Small Context Capital Management, LLC | −50,000 | 100,000 | |
| Large Clear Street Group Inc. | −37,153 | 176,820 | |
| Micro L1 Global Manager Pty Ltd | −29,998 | 60,000 | |
| Small ABC ARBITRAGE SA | −20,000 | 40,000 |
Top New Positions
vs Mar 31, 2026| Institution | Acquired | Value (USD) | Open |
|---|---|---|---|
| Mid WOLVERINE ASSET MANAGEMENT LLC | 55,284 | $551,181 |
Top Sold-Out Positions
vs Mar 31, 2026| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Small Tuttle Capital Management, LLC | 10,000 | $100,100 | |
| Small DELTEC ASSET MANAGEMENT LLC | 25,000 | $0 | |
| Mid HIGHBRIDGE CAPITAL MANAGEMENT LLC | 500 | $0 |
| Holder | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Mid Magnetar Financial LLC | $8,154,941 | 8.45% | 817,948 | Shares | 2026-08-14 | |
| Mid AQR Arbitrage LLC | $6,716,230 | 6.96% | 673,644 | Shares | 2026-08-14 | |
| Mid RIVERNORTH CAPITAL MANAGEMENT, LLC | $4,985,000 | 5.16% | 500,000 | Shares | 2026-08-14 | |
| Mid Alberta Investment Management Corp | $4,985,000 | 5.16% | 500,000 | Shares | 2026-08-06 | |
| Mid TENOR CAPITAL MANAGEMENT Co., L.P. | $4,985,000 | 5.16% | 500,000 | Shares | 2026-08-14 | |
| Mid SONA ASSET MANAGEMENT (US) LLC | $4,765,370 | 4.94% | 477,971 | Shares | 2026-08-14 | |
| Mega D. E. Shaw & Co., Inc. | $4,501,125 | 4.66% | 451,467 | Shares | 2026-08-14 | |
| Mega MILLENNIUM MANAGEMENT LLC | $3,988,000 | 4.13% | 400,000 | Shares | 2026-08-14 | |
| Small Radcliffe Capital Management, L.P. | $3,986,614 | 4.13% | 399,861 | Shares | 2026-08-14 | |
| Large LMR Partners LLP SCPQU | $3,843,750 | 3.98% | 375,000 | Shares | 2026-08-14 | |
| Large COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | $3,738,750 | 3.87% | 375,000 | Shares | 2026-07-17 | |
| Mid Linden Advisors LP | $3,738,750 | 3.87% | 375,000 | Shares | 2026-08-14 | |
| Large OMERS ADMINISTRATION Corp SCPQU | $3,531,893 | 3.66% | 344,575 | Shares | 2026-08-13 | |
| Mid MMCAP International Inc. SPC | $2,991,000 | 3.10% | 300,000 | Shares | 2026-08-14 | |
| Mega BNP PARIBAS ARBITRAGE, SA | $2,973,951 | 3.08% | 298,290 | Shares | 2026-08-13 | |
| Small Shaolin Capital Management LLC | $2,791,609 | 2.89% | 280,001 | Shares | 2026-08-14 | |
| Large PICTON MAHONEY ASSET MANAGEMENT | $2,741,750 | 2.84% | 275,000 | Shares | 2026-08-13 | |
| Small Lineage Point Capital LP SCPQU | $2,566,579 | 2.66% | 250,398 | Shares | 2026-08-14 | |
| Mid WHITEBOX ADVISORS LLC | $2,137,568 | 2.21% | 214,400 | Shares | 2026-08-14 | |
| Mid Kryger Capital LLC | $2,000,849 | 2.07% | 200,687 | Shares | 2026-08-14 | |
| Mid MOORE CAPITAL MANAGEMENT, LP | $1,994,000 | 2.07% | 200,000 | Shares | 2026-08-14 | |
| Mid GLAZER CAPITAL, LLC | $1,351,882 | 1.40% | 135,595 | Shares | 2026-08-17 | |
| Mid Westchester Capital Management, LLC SCPQU | $1,281,249 | 1.33% | 125,000 | Shares | 2026-08-14 | |
| Mid BERKLEY W R CORP | $1,236,539 | 1.28% | 124,026 | Shares | 2026-08-14 | |
| Mega TWO SIGMA INVESTMENTS, LP | $1,173,508 | 1.22% | 117,704 | Shares | 2026-08-14 | |
| Mid BlueCrest Capital Management Ltd SCPQU | $1,025,000 | 1.06% | 100,000 | Shares | 2026-08-14 | |
| Small Context Capital Management, LLC | $997,000 | 1.03% | 100,000 | Shares | 2026-07-23 | |
| Small DLD Asset Management, LP | $997,000 | 1.03% | 100,000 | Shares | 2026-08-13 | |
| Small Bulldog Investors, LLP SCPQU | $912,168 | 0.94% | 88,992 | Shares | 2026-08-14 | |
| Large Clear Street Group Inc. | $867,589 | 0.90% | 87,020 | Shares | 2026-08-12 | |
| Mid Polar Asset Management Partners Inc. | $648,050 | 0.67% | 65,000 | Shares | 2026-08-14 | |
| Micro L1 Global Manager Pty Ltd SCPQU | $615,000 | 0.64% | 60,000 | Shares | 2026-08-13 | |
| Large Clear Street Group Inc. SCPQU | $553,930 | 0.57% | 54,042 | Shares | 2026-08-12 | |
| Mid WOLVERINE ASSET MANAGEMENT LLC | $551,181 | 0.57% | 55,284 | Shares | 2026-08-10 | |
| Mid Centiva Capital, LP | $498,500 | 0.52% | 50,000 | Shares | 2026-08-13 | |
| Small ABC ARBITRAGE SA | $398,800 | 0.41% | 40,000 | Shares | 2026-07-20 | |
| Mid BOOTHBAY FUND MANAGEMENT, LLC SCPQU | $333,125 | 0.35% | 32,500 | Shares | 2026-08-14 | |
| Micro Kepos Capital LP | $240,277 | 0.25% | 24,100 | Shares | 2026-08-13 | |
| Mid MIZUHO SECURITIES USA LLC Broker-Dealer | $237,435 | 0.25% | 23,815 | Shares | 2026-07-28 | |
| Small PenderFund Capital Management Ltd. | $198,921 | 0.21% | 19,952 | Shares | 2026-08-17 | |
| Large Schonfeld Strategic Advisors LLC | $191,683 | 0.20% | 19,226 | Shares | 2026-08-14 | |
| Mega JPMORGAN CHASE & CO SCPQU | $102,500 | 0.11% | 10,000 | Shares | 2026-08-12 | |
| Mega ROYAL BANK OF CANADA Bank | $21,515 | 0.02% | 2,158 | Shares | 2026-08-14 | |
| Mega UBS Group AG SCPQU | $2,675 | 0.00% | 261 | Shares | 2026-08-13 | |
| Mid GLAZER CAPITAL, LLC SCPQU | $1,814 | 0.00% | 177 | Shares | 2026-08-17 | |
| Mega MORGAN STANLEY | $179 | 0.00% | 18 | Shares | 2026-08-13 | |
| Mega UBS Group AG | $59 | 0.00% | 6 | Shares | 2026-08-13 | |
| Mid Linden Advisors LP SCPQW | — | — | 187,499 | Shares | 2026-08-14 | |
| Small Shaolin Capital Management LLC SCPQW | — | — | 250,127 | Shares | 2026-08-14 | |
| Mega BNP PARIBAS ARBITRAGE, SA SCPQW | — | — | 149,145 | Shares | 2026-08-13 | |
| Mid MMCAP International Inc. SPC SCPQW | — | — | 150,000 | Shares | 2026-08-14 | |
| Mid MOORE CAPITAL MANAGEMENT, LP SCPQW | — | — | 100,000 | Shares | 2026-08-14 | |
| Mega MILLENNIUM MANAGEMENT LLC SCPQW | — | — | 200,000 | Call | 2026-08-14 | |
| Mid WHITEBOX ADVISORS LLC SCPQW | — | — | 107,200 | Shares | 2026-08-14 | |
| Mid Kryger Capital LLC SCPQW | — | — | 100,898 | Shares | 2026-08-14 | |
| Large Clear Street Group Inc. SCPQW | — | — | 35,758 | Shares | 2026-08-12 | |
| Large TORONTO DOMINION BANK Bank SCPQW | — | — | 9,900 | Shares | 2026-08-14 | |
| Small Radcliffe Capital Management, L.P. SCPQW | — | — | 199,929 | Shares | 2026-08-14 | |
| Mid SONA ASSET MANAGEMENT (US) LLC SCPQW | — | — | 165,748 | Shares | 2026-08-14 | |
| Mega ROYAL BANK OF CANADA Bank SCPQW | — | — | 2,250 | Shares | 2026-08-14 | |
| Mid RIVERNORTH CAPITAL MANAGEMENT, LLC SCPQW | — | — | 250,000 | Shares | 2026-08-14 | |
| Mid BERKLEY W R CORP SCPQW | — | — | 62,013 | Shares | 2026-08-14 | |
| Mid Centiva Capital, LP SCPQW | — | — | 25,000 | Shares | 2026-08-13 | |
| Mega D. E. Shaw & Co., Inc. SCPQW | — | — | 175,000 | Shares | 2026-08-14 | |
| Mid TENOR CAPITAL MANAGEMENT Co., L.P. SCPQW | — | — | 250,000 | Shares | 2026-08-14 | |
| Mid GLAZER CAPITAL, LLC SCPQW | — | — | 66,741 | Shares | 2026-08-17 | |
| Small DLD Asset Management, LP SCPQW | — | — | 50,000 | Shares | 2026-08-13 | |
| Mid Alberta Investment Management Corp SCPQW | — | — | 250,000 | Shares | 2026-08-06 | |
| Large PICTON MAHONEY ASSET MANAGEMENT SCPQW | — | — | 137,500 | Shares | 2026-08-13 | |
| Mid Polar Asset Management Partners Inc. SCPQW | — | — | 36,300 | Shares | 2026-08-14 | |
| Mid AQR Arbitrage LLC SCPQW | — | — | 336,822 | Shares | 2026-08-14 | |
| Mid Magnetar Financial LLC SCPQW | — | — | 408,974 | Shares | 2026-08-14 |