SPACCircle Acquisition Corp. (SCQC): director Jeffrey W. Cordell elected to the board

Events in this filing

Item 5.02 as filed

Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On
October 26, 2026, in connection with the IPO, Jeffrey W. Cordell, Stephen Markscheid, Diana Glassman and Daniel Torpey (collectively with
John Dicconson, Augustin Meloty-Kapella and Soumen Das, the “Directors”) were appointed to the board of directors of the Company
(the “Board”). Effective October 26, 2026, each of Mr. Markscheid, Ms. Glassman and Mr. Torpey was appointed to the Board’s
Audit Committee, with Mr. Torpey serving as chair of the Audit Committee. Each of Mr. Markscheid, Ms. Glassman and Mr. Cordell was appointed
to the Board’s Compensation Committee, with Ms. Glassman serving as chair of the Compensation Committee.
On
October 26, 2026, the Company entered into indemnity agreements with each of the Directors and the Officers, which require the Company
to indemnify each Director and Officer to the fullest extent permitted by applicable law and to advance expenses incurred as a result
of any proceeding against them as to which they could be indemnified. The foregoing summary of the indemnity agreements does not purport
to be complete and is subject to, and qualified in its entirety by, the full text of the form of indemnity agreement, which is filed as
Exhibit 10.6 to this Current Report on Form 8-K and incorporated herein by reference.