Spark I Acquisition receives Nasdaq deficiency notice for minimum total holders rule

Spark I Acquisition Corp

On May 14, 2026, Nasdaq notified Spark I it lacks at least 400 total holders, violating Listing Rule 5450(a)(2).
Company has 45 days to submit a compliance plan; Nasdaq may extend up to 180 calendar days.
No immediate delisting; Spark I intends to submit a plan by June 29, 2026.
Risk remains Nasdaq may reject plan or company fails other continued listing requirements.

item 3.01

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