regulatory
confidence high
sentiment negative
materiality 0.80
Spark I delisted from Nasdaq after missing Sept 29 SPAC deadline; SPKL to move to OTC Pink
Spark I Acquisition Corp
- Nasdaq notice dated Sept 30, 2026: Spark I failed to complete an initial business combination by Sept 29, 2026, the 36-month deadline under IM-5101-2.
- Trading in SPKL, SPKLU and SPKLW suspended at the open on Oct 7, 2026; Nasdaq will file Form 25-NSE to remove the securities from listing and registration.
- Company expects its Class A shares, units and warrants to be quoted on the OTC Pink Limited Market under SPKL, SPKLU and SPKLW, with no guarantee a market will continue.
- Spark I still intends to close its business combination with ZincFive, Inc. and list on Nasdaq or another national exchange; the S-4 (File No. 333-299215) filed Sept 30, 2026 is not yet effective.