Appleby Advises Social Commerce Partners Corporation in Its USD 100M Initial Public Offering
Appleby is pleased to announce that it acted as Cayman Islands legal counsel to Social Commerce Partners Corporation (Social Commerce) in connection with the closing of its initial public offering of 10,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant, which becomes exercisable 45 days after the completion of Social Commerce’s initial business combination, will entitle the holder thereof to purchase one Class A ordinary share at $11.50 per share.
The units are expected to trade on the Nasdaq Stock Market LLC (Nasdaq) under the ticker symbol “SCPQU” beginning December 23, 2025. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, the Class A ordinary shares and the warrants are expected to be traded on Nasdaq under the symbols “SCPQ” and “SCPQW,” respectively.
Appleby advised on all Cayman Islands legal aspects of the transaction, further strengthening its proven track record and consistently demonstrating deep expertise in IPOs and capital markets regulation.
The Appleby Capital Markets team was led by Counsel Alexandra Low, with Partner Simon Raftopoulos, Paralegal Sophia Cunningham and other members of the corporate team.
Appleby continues to play a key role in major IPO and public-market matters worldwide.
