SCHEDULE: Wealthspring Capital LLC and Matthew Simpson Divest Entire Stake in Spark I Acquisition Corp

Wealthspring Capital LLC and Matthew Simpson have reported a 0% beneficial ownership in Spark I Acquisition Corp's Class A Ordinary Shares, indicating a complete divestment of their previously held stake.

Summary

• Wealthspring Capital LLC and Matthew Simpson, as reporting persons, have filed an Amendment No. 1 to Schedule 13G for Spark I Acquisition Corp.
• The filing indicates that as of June 30, 2025, both Wealthspring Capital LLC and Matthew Simpson beneficially own 0.00 Class A Ordinary Shares of Spark I Acquisition Corp.
• This represents 0% of the Class A Ordinary Shares outstanding, signifying a complete divestment of their holdings.
• Wealthspring Capital LLC is classified as an Investment Adviser (IA) and Partnership (PN), while Matthew Simpson is classified as an Investment Adviser (IA), Holding Company (HC), and Individual (IN).
• The reporting persons certify that the securities were acquired and held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a neutral, factual disclosure of a change in passive beneficial ownership. It does not contain operational or financial performance data for Spark I Acquisition Corp, nor does it imply a positive or negative outlook from the company's perspective. The divestment by an investor is a common occurrence and can be driven by various factors unrelated to the issuer's fundamental health.

Future Outlook

No forward-looking statements or guidance are provided in this beneficial ownership filing.

Management Comments

• Wealthspring Capital LLC and Matthew Simpson certify that, to the best of their knowledge and belief, the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.

Industry Context

This filing is a standard disclosure for a change in passive beneficial ownership in a publicly traded company, specifically a Special Purpose Acquisition Company (SPAC) like Spark I Acquisition Corp. The complete divestment by an investment adviser and individual could reflect a portfolio rebalancing decision or a change in investment thesis regarding the SPAC's future prospects or merger activities, common in the dynamic SPAC market.

Stakeholder Impact

• Shareholders of Spark I Acquisition Corp will note the complete exit of Wealthspring Capital LLC and Matthew Simpson as beneficial owners, which may be interpreted as a change in institutional interest in the company's stock.

Key Dates

Keywords

Spark I Acquisition Corp, Wealthspring Capital LLC, Matthew Simpson, Schedule 13G, beneficial ownership, divestment, Class A Ordinary Shares, investment adviser, passive investment