Spark I Acquisition fails Nasdaq business-combination deadline, faces delisting notice

Bitget2026/10/02 20:11

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Spark I received a Nasdaq notice citing failure to complete an initial business combination by Sept. 29, 2026 under IM-5101-2.
Nasdaq will suspend trading of its Class A ordinary shares, units, warrants at the Oct. 7, 2026 open.
Nasdaq plans to file Form 25-NSE, removing the securities from listing and registration on the exchange.
Shares, units, warrants are expected to move to the OTC Pink Limited Market under SPKL, SPKLU, SPKLW, with no liquidity assurance.
Company still targets its ZincFive deal, aiming to relist on Nasdaq or another national exchange as soon as practicable.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Spark I Acquisition Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-113281), on October 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Spark I Acquisition fails Nasdaq business-combination deadline, faces delisting notice

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