Spark I Acquisition Corp. Class A Ordinary Share
SPKL
NASDAQ Global Market12.14
USD
+0.02
- -
CIK
0001884046
ISIN
KYG8316B1005
CUSIP
G8316B100
Return %
Stock
S&P500
1Y
10.77
18.21
3Y
20.56
64.38
5Y
20.56
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
- James Rhee
- Full Time Employees
- 3
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 3790 El Camino Real Palo Alto CA United States of America 94306
- IPO Date
- Nov 27, 2023
- CIK
- 0001884046
- Website
- spark1ac.com
- Similar Companies
- Business
- Spark I Acquisition Corporation (SPKL) is a blank check company sponsored by SparkLabs Group that seeks to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company targets late-stage technology startups in Asia or U.S. companies with strong Asia presence and enterprise value exceeding $1 billion; it excludes businesses with principal operations in China, including Hong Kong and Macau. Incorporated in the Cayman Islands in 2021 and headquartered in Palo Alto, California, Spark I Acquisition Corporation completed its initial public offering of 10 million units at $10 each in October 2023, raising $100 million, with units comprising one Class A ordinary share and one-half of a redeemable warrant exercisable at $11.50; the shares and warrants trade on Nasdaq under SPKL, SPKLU, and SPKLW. The company has no current operations or revenue, holding proceeds in a trust account invested in U.S. government securities or money market funds; its sponsor provides administrative support and working capital loans. In October 2024, the company signed a non-binding letter of intent to merge with Kneron Holding Corporation, a San Diego-based edge AI solutions provider for vehicles, security, and AIoT applications, while also pursuing a hospitality software target but prioritizing Kneron; as of June 2025, no definitive agreement has been reached, with negotiations ongoing post-LOI expiration, and shareholders approved a Combination Period extension to September 29, 2026 in July 2025. SparkLabs Group, a global network of accelerators and venture funds with investments in over 550 technology startups across six continents since 2013, holds an 86.76% stake and leverages its ecosystem for deal flow.
ZincFive, the Leader in Nickel-Zinc Immediate Power Solutions for Data Centers and AI Infrastructure, to Go Public via a Business Combination with Spark I
ZincFive, the Leader in Nickel-Zinc Immediate Power Solutions for Data Centers and AI Infrastructure, to Go Public via a Business Combination with Spark I