SCPQU · Social Commerce Partners Corp · Insider Trading
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
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2025-12-24 | Johnson Stuart Parker |
Director, Chief Executive Officer |
Buy↑
Filing footnotes — Class A ordinary shares (Indirect)
Reflects the 250,000 private units purchased by Social Commerce Acquisition Partners, LLC, the Issuer's sponsor (the "sponsor") pursuant to the Private Placement Units Purchase Agreement dated December 22, 2024 entered into between the sponsor and the Issuer. Each private unit consists of one Class A ordinary share and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. The private units were purchased at $10.00 per unit for an aggregate purchase price of $2,500,000. Stuart Johnson is the managing member of the sponsor and has voting and dispositive power over the securities held of record by the sponsor. Mr. Johnson disclaims any beneficial ownership of the securities held by the sponsor, except to the extent of his pecuniary interest therein. |
Class A ordinary shares
(I)
|
250,000 |
| 2025-12-24 | Social Commerce Acquisition Partners, LLC |
10% Owner |
Buy↑
Filing footnotes — Class A ordinary shares (Direct)
Reflects the 250,000 private units purchased by Social Commerce Acquisition Partners, LLC, the Issuer's sponsor pursuant to the Private Placement Units Purchase Agreement dated December 22, 2024 entered into with the Issuer. Each private unit consists of one Class A ordinary share and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. The private units were purchased at $10.00 per unit for an aggregate purchase price of $2,500,000. |
Class A ordinary shares
|
250,000 |
| 2025-12-24 | Johnson Stuart Parker |
Director, Chief Executive Officer |
Buy↑
Filing footnotes — Warrants to purchase Class A ordinary shares (Indirect)
The warrants included in the private units will become exercisable 30 days after the completion of the Issuer's initial business combination and will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or the Issuer's liquidation. Stuart Johnson is the managing member of the sponsor and has voting and dispositive power over the securities held of record by the sponsor. Mr. Johnson disclaims any beneficial ownership of the securities held by the sponsor, except to the extent of his pecuniary interest therein. |
Warrants to purchase Class A ordinary shares
(I)
|
125,000 |
| 2024-12-24 | Social Commerce Acquisition Partners, LLC |
10% Owner |
Buy↑
Filing footnotes — Warrants to purchase Class A ordinary shares (Direct)
The warrants included in the private units will become exercisable 30 days after the completion of the Issuer's initial business combination and will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or the Issuer's liquidation. |
Warrants to purchase Class A ordinary shares
|
125,000 |