What does assets held in trust noncurrent mean?

Represents funds held in a restricted trust account specifically designated for a future business combination or merger. These assets are typically locked until the completion of a qualifying transaction or liquidation, serving as the primary capital source for the SPAC's acquisition strategy.

Social Commerce Partners Corporation SCPQ Assets Held In Trust Noncurrent

Assets Held In Trust Noncurrent at other companies

ADA

American Drive Acquisition Company ADAC

$232.25M—

PCS

Perceptive Capital SolutionsPCSC

$92.68M+3.8%

Other financials

Income statement

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Operating income-$272.7K—

Net income$607.3K—

EPS (diluted)$0.04—

Balance sheet

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Cash & equivalents$524.6K—

Total equity-$2.9M—

Total assets$101.8M—

Cash flow

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Operating cash flow-$478.5K—

Valuation

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Market cap$136.7M+1.2%

Returns & leverage

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Current ratio4.2×—

Where this comes from

Reported directly by Social Commerce Partners Corporation in its filing.

Tagged under the XBRL concept us-gaap:AssetsHeldInTrustNoncurrent.

The official record: Social Commerce Partners Corporation ’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Social Commerce Partners Corporation 's assets held in trust noncurrent?: Social Commerce Partners Corporation (SCPQ) reported assets held in trust noncurrent of $100.94M in Q1 2026.
What does assets held in trust noncurrent mean?: Represents funds held in a restricted trust account specifically designated for a future business combination or merger. These assets are typically locked until the completion of a qualifying transaction or liquidation, serving as the primary capital source for the SPAC's acquisition strategy.