SPK Acquisition Corp.
SPKAU
NASDAQ Capital Market10.25
USD
- -
- -
CIK
0001848097
ISIN
US8486512044
CUSIP
848651204
Return %
Stock
S&P500
1Y
0.99
18.21
3Y
2.50
64.38
5Y
2.50
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Ye Tao CFA
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Room 368 Shanghai People's Republic of China 200131
- IPO Date
- May 14, 2021
- CIK
- 0001848097
- Similar Companies
- Business
- SPK Acquisition Corp. (SPKAU) operates as a blank check company whose sole purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities; it focuses primarily on operating companies in the telecommunications, media, and technology sectors in Asia. Incorporated in 2020 and headquartered in Shanghai, China, the company offers no current products or services beyond its SPAC structure, including units comprising common stock and rights, which trade on the Nasdaq Capital Market under the ticker SPKAU. SPK Acquisition Corp. went public in June 2021 with an initial public offering of 5 million units priced at $10.00, raising approximately $50.9 million in proceeds held 100% in trust, underwritten by Chardan as lead manager. In a major development, the company announced a business combination with Varian Biopharmaceuticals, Inc. in February 2022 targeting precision oncology therapeutics; however, it terminated the agreement in December 2022 due to breaches by the target and failed to extend its deadline, resulting in liquidation on December 30, 2022 with an estimated $10.41 per share redemption. Despite the liquidation, legacy units continue to trade on Nasdaq with a recent price around $10.25 and market capitalization of about $15.43 million as of late 2025, reflecting no further operational activity or new strategic changes.
SPK Acquisition Corp. Announces that Common Stock and Rights to Commence Separate Trading on or about July 23, 2021
SPK Acquisition Corp. Announces Pricing of $50 Million Initial Public Offering