Spark I Acquisition Corporation announced it has agreed to a one-time deposit of $0.10 per public share into its trust account, tied to the extension of its deadline to complete an initial business combination from September 29, 2026 to March 29, 2027. The additional contribution will be made on Monday, October 5, 2026, and will raise the per-share price payable to public shareholders in any redemptions connected to the extraordinary general meeting held to approve the proposed business combination with ZincFive, Inc., or in a liquidation, whichever comes first. The deposit comes on top of the monthly trust-account deposits made by the company's sponsor. Public shareholders who already submitted redemption requests to transfer agent Continental Stock Transfer & Trust Company may withdraw them until 5:00 p.m. Eastern time on Friday, October 2, 2026; those who do not withdraw will receive the original redemption price, estimated at approximately $10.92 per share. Spark I Acquisition Corporation is a special purpose acquisition company formed by SparkLabs Group, a global network of startup accelerators and venture capital funds with bases in Korea, the United States, Taiwan, Australia, and Saudi Arabia.
Spark I Acquisition Corp. Class A Ordinary ShareSpark I adds $0.10 per public share to its trust account and extends the business-combination deadline, raising the redemption/liquidation payout for public shareholders.
Bank of Chongqing Co Ltd
