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Spark I shareholders approve extension to March 2027; sponsor deposits up to $201K and adds $0.10 per share
SPKLSpark I Acquisition Corp
Spark I Acquisition Corporation shareholders approved an extension of the deadline to consummate a business combination from September 29, 2026, to March 29, 2027. The Sponsor agreed to deposit $0.015 per public share into the trust account as a loan, up to approximately $201,304, and issued a promissory note for up to $400,000. Additionally, the Company will make a one-time contribution of $0.10 per non-redeemed public share on October 5, 2026, increasing the redemption price from approximately $10.92 per share. This SPAC is focused on completing an initial business combination with ZincFive, Inc.