Spark I Acquisition CORP

Market Movers (8-K)

NASDAQ
ZincFive, a leader in nickel-zinc battery solutions for data centers and AI infrastructure, is merging with Spark I Acquisition Corp. in a deal valuing ZincFive at $600 million.
Capital raise
NASDAQ
Spark I Acquisition Corporation received a notice from Nasdaq regarding non-compliance with the Minimum Total Holders Rule and has 45 days to submit a plan to regain compliance.
NASDAQ
Spark I Acquisition Corp. announced the results of its Annual Meeting, where shareholders elected three Class II directors and ratified CBIZ CPAs P.C. as its independent auditor.
NASDAQ
Spark I Acquisition Corp. received a notice from Nasdaq regarding non-compliance with listing rules for failing to hold its annual shareholder meeting.
Worse than expected
Delay expected
NASDAQ
Spark I Acquisition Corporation secured shareholder approval to extend its business combination deadline to September 29, 2026, but faced substantial redemptions totaling $84.8 million, significantly reducing its Trust Account balance.
Delay expected
Worse than expected
Capital raise
NASDAQ
Spark I Acquisition Corporation has entered into an agreement with its sponsor for up to $2.5 million in financing and is seeking shareholder approval to extend its business combination deadline to September 2026, as it continues negotiations for a merger with AI firm Kneron Holding Corporation.
Capital raise
Worse than expected
Delay expected

Quarterly Earnings (10-Q)

NASDAQ
Spark I Acquisition Corp reports a net loss of $94,195 for Q1 2026, with cash reserves of $132,866 and significant ongoing efforts to secure a business combination.
Worse than expected
Capital raise
NASDAQ
Spark I Acquisition Corporation reported a net loss for Q3 2025 and a significant decline in trust account assets, raising substantial doubt about its ability to continue as a going concern.
Capital raise
Worse than expected
NASDAQ
Spark I Acquisition Corporation extended its business combination deadline to September 2026 but faces substantial doubt about its ability to continue as a going concern after significant share redemptions.
Delay expected
Worse than expected
Capital raise
NASDAQ
Spark I Acquisition Corp reports net income of $542,329 for the quarter ended March 31, 2025, while facing substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
NASDAQ
Spark I Acquisition Corp reported a net income of $2.5 million for the nine months ended September 30, 2024, primarily driven by unrealized gains on investments held in trust.
Better than expected
Capital raise
NASDAQ
Spark I Acquisition Corp reported a net income of $1.64 million for the first six months of 2024, while actively pursuing a business combination.
Better than expected
Capital raise

Annual Reports (10-K)

NASDAQ
Spark I Acquisition Corp. reports a net income of $293,600 for fiscal year 2025, actively negotiating a binding business combination with AI solutions provider Kneron Holding Corporation amidst a going concern warning and significant redemptions.
Delay expected
Worse than expected
Capital raise
NASDAQ
Spark I Acquisition Corp's latest 10-K filing reveals ongoing efforts to secure a business combination amidst substantial doubt about its ability to continue as a going concern.
Capital raise
Worse than expected
NASDAQ
Spark I Acquisition Corporation's 10-K filing outlines the company's share structure, warrant details, and governance policies as it seeks a business combination.
Capital raise

Insider Trading (Form 4)

NASDAQ
ZincFive, a developer of nickel-zinc batteries, highlights its technology's advantages for data center backup power and AI applications during a Jefferies-hosted fireside chat.
Capital raise
NASDAQ
ZincFive, Inc. has provided employees with a Q&A detailing the proposed business combination with Spark I Acquisition Corporation, outlining equity conversions, valuation, and post-merger plans.
NASDAQ
Spark I Acquisition Corporation and ZincFive have entered into a merger agreement, outlining a business combination with forward-looking statements regarding financial projections and product commercialization.
Capital raise
NASDAQ
Battery maker ZincFive will merge with Spark I Acquisition Corporation, a SPAC, at a $600 million pre-money valuation to fund production expansion and address an $81 million order backlog.
Capital raise
NASDAQ
Spark I Acquisition Corporation and ZincFive, Inc. have published details regarding their proposed business combination, outlining forward-looking statements and potential risks.
Capital raise
NASDAQ
ZincFive, a provider of immediate power solutions, announced its proposed business combination with Spark I Acquisition Corporation, aiming to list on the Nasdaq under the ticker ZFIV by Q4 2026.
Capital raise

Proxy Statements (Def-14A)

NASDAQ
Spark I Acquisition Corporation will hold its annual general meeting on February 25, 2026, to re-elect directors and ratify its independent auditor, following a delay in meeting Nasdaq requirements.
Worse than expected
Delay expected
NASDAQ
Spark I Acquisition Corporation has filed a proxy statement supplement to correct its proposed charter amendment and announce a new financing agreement with its sponsor to extend the deadline for completing a business combination until September 29, 2026.
Delay expected
Capital raise
NASDAQ
Spark I Acquisition Corporation, a special purpose acquisition company, is seeking shareholder approval to extend its deadline to complete a business combination from July 11, 2025, to September 29, 2026, to avoid liquidation of its trust account.
Worse than expected
Delay expected
NASDAQ
Spark I Acquisition Corporation is holding its annual general meeting on November 7, 2024, to vote on the re-election of three directors, ratification of the auditor, and a proposal to allow for adjournment of the meeting if necessary.

Schedule 13G - Passive Investments

NASDAQ
Mizuho Financial Group, Inc. has reported a 7.0% beneficial ownership stake in Spark I Acquisition Corporation's Common Shares as of December 31, 2025.
NASDAQ
First Trust Merger Arbitrage Fund and affiliated entities have filed an amendment to their Schedule 13G, reporting zero beneficial ownership in Spark I Acquisition Corp's Class A Ordinary Shares.
Worse than expected
NASDAQ
W. R. Berkley Corporation and Berkley Insurance Company have reported a complete divestment of their Class A ordinary shares in SPARK I ACQUISITION CORPORATION.
Worse than expected
NASDAQ
W. R. Berkley Corporation and its subsidiary Berkley Insurance Company have disclosed a 9.8% beneficial ownership stake in Spark I Acquisition Corporation's Class A Ordinary Shares.
NASDAQ
AQR Capital Management and its affiliates reported beneficial ownership of 10.17% of Spark I Acquisition Corp's Class A ordinary shares.
NASDAQ
Wolverine Asset Management LLC and its affiliates have filed an amended Schedule 13G, indicating they no longer beneficially own any Class A Ordinary Shares of Spark I Acquisition Corp.