Spark I Acquisition closes $100M IPO, targets late-stage Asia tech startups >$1B

Spark I Acquisition Corp

IPO of 10M units at $10.00/unit, gross $100M; units began trading on Nasdaq as SPKLU on Oct 6.
Over-allotment not exercised; sponsor forfeited 448,052 Class B shares.
Concurrent private placement of 8,490,535 warrants to sponsor at $1.00, gross $8.49M.
$100.5M from IPO and private placement placed in trust; held until business combination or 21 months.
Company led by CEO James Rhee; focus on late-stage technology startups in Asia or US tech with Asia presence.

item 1.01 item 3.02 item 5.03 item 8.01 item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.