SPKL
Spark I Acquisition Corporation11.23
+0.08+0.72%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
97.24MP/E (TTM)
160.43Basic EPS (TTM)
0.07Dividend Yield
0%Recent Filings
8-K
Unanimous director elections, auditor ratification
Spark I Acquisition Corp. held its annual meeting on February 25, 2026, electing Kurtis Jang, Shin-Bae Kim, and Ho Min (Jimmy) Kim as Class II directors with unanimous 1,972,078 votes each, to serve until 2028. Stockholders also unanimously ratified CBIZ CPAs P.C. as auditors for fiscal 2025 across all 7,461,944 shares present. Board refreshed seamlessly.
8-K
Nasdaq noncompliance notice issued
Spark I Acquisition Corp. received a Nasdaq notice on January 27, 2026, for failing to hold its annual shareholder meeting within 12 months of fiscal year-end, violating Listing Rule 5620(a). Trading continues uninterrupted, with 45 days until March 13 to submit a compliance plan potentially extending to June 29. No delisting yet. Nasdaq may reject the plan.
10-Q
Q3 FY2025 results
Spark I Acquisition posted a Q3 net loss of $475k versus $902k income a year ago, as expenses doubled to $868k while trust unrealized gains fell to $391k; nine-month net income shrank to $430k from $2.5M (derived). Heavy redemptions slashed trust assets to $24.8M from $107M after 7.8M shares redeemed for $84.8M in July 2025 extension vote, converting 4M Class B shares to Class A. Cash sits at $614k, offset by $3.2M sponsor notes. Trust holds firm at $11.10/share. Extension locked to September 2026. Time ticks.
10-Q
Q2 FY2025 results
Spark I Acquisition Corporation swung to a net income of $362,583 for Q2 FY2025 ended June 30, 2025, down from $870,843 a year earlier, as expenses climbed 62% y/y to $763,867 amid heightened search costs, yet offset by $1.1M in trust unrealized gains. For the half-year, net income dipped 45% y/y to $904,912, with operating losses widening to $1.3M from $1.0M, cushioned by $2.2M in trust income. Cash swelled to $1.1M, bolstered by $1.7M in sponsor notes, while the trust hit $109.2M at $10.92 per share. Shareholders extended the business combination deadline to September 29, 2026, but heavy redemptions later slashed trust assets to $24.4M. Sponsor converted 4M Class B shares to Class A post-quarter. No non-GAAP metrics disclosed in the 10-Q. Still, finding a target grows tougher amid SPAC fatigue.
8-K
SPAC extends merger deadline
Spark I Acquisition Corporation extended its deadline to complete a business combination from July 11, 2025, to September 29, 2026, after shareholders approved the amendment on July 8, 2025. The sponsor converted 4,000,000 Class B shares into Class A shares and will deposit $0.015 monthly per public share into the trust account starting July 11. Yet 7,763,287 shares redeemed for $84.8 million, leaving $24.4 million in trust. This buys time for a deal amid heavy redemptions.
AACI
Armada Acquisition Corp. II
10.29-0.01
APXIF
APx Acquisition Corp. I
11.99+0.00
ASPC
A SPAC III Acquisition Corp.
10.50-0.05
CCTSF
Cactus Acquisition Corp. 1 Limi
11.79+0.00
CSTAF
Constellation Acquisition Corp
11.52+0.00
IBAC
IB Acquisition Corp.
10.45+0.00
SIMA
SIM Acquisition Corp. I
10.57+0.01
SPEG
Silver Pegasus Acquisition Corp
10.07-0.01
SZZL
Sizzle Acquisition Corp. II
10.17+0.00
TBMC
Trailblazer Merger Corporation
12.01-0.48