SPACCircle announces publication of independent auditor's report
WithumSmith+Brown issued an audit report on SPACCircle Acquisition’s October 28, 2026 balance sheet, concluding it fairly presented the company’s financial position under U.S. GAAP. The report cited substantial doubt about the company’s ability to continue as a going concern and noted its October 28, 2027 business-combination deadline.
1. Audit report findings
WithumSmith+Brown issued an independent registered public accounting firm audit report dated November 3, 2026, covering SPACCircle Acquisition’s October 28, 2026 balance sheet. The auditor said the financial statement fairly presented the company’s financial position, in all material respects, under U.S. GAAP, while citing liquidity needs and the October 28, 2027 business-combination deadline as raising substantial doubt about its ability to continue as a going concern. If the company does not complete a business combination by that deadline, it would cease operations except for liquidation.
