Spark I extends SPAC deal deadline to March 29, 2027; 609,668 shares redeemed, $19.0M left in trust

Spark I Acquisition Corp

Shareholders at the September 25, 2026 EGM approved extending the initial business combination deadline from September 29, 2026 to March 29, 2027.
609,668 Class A ordinary shares were redeemed at approximately $11.68 per share, removing roughly $7.1 million from the trust account as of October 2, 2026.
About $19.0 million remained in the trust account after the redemptions, down from roughly $26 million implied before.
6,445,104 Class A ordinary shares are outstanding: 1,627,045 from the IPO units and 4,000,000 originally issued to sponsor SLG SPAC Fund, LLC as Class B shares.
CEO James Rhee signed the report on October 5, 2026; no business combination target was named.

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