Spark I Acquisition Corp. — Form 8-K Summary
Event date: September 30, 2026. The report was signed October 2, 2026. This is an event filing, not a periodic financial report.
Business context and reporting period
Spark I is a Cayman Islands special purpose acquisition company pursuing a previously announced business combination with ZincFive, Inc. The filing reports Nasdaq’s notice that Spark I will be delisted because it did not complete an initial business combination by September 29, 2026, the 36-month deadline tied to its IPO registration statement.
Financial and operating information
The filing provides no revenue, profit, cash flow, margin, debt, liquidity, or other financial results. It provides no comparable-period financial data or financial guidance.
Material developments
- Nasdaq notified Spark I on September 30, 2026 that its securities will be delisted for failure to meet the business-combination deadline.
- Trading in its Class A ordinary shares (SPKL), units (SPKLU), and warrants (SPKLW) is scheduled to be suspended at the opening of business on October 7, 2026. Nasdaq stated it will file Form 25-NSE to remove the securities from listing and registration.
- Spark I expects the securities to be quoted on the OTC Markets Pink Limited Market under the same symbols after delisting, but there is no assurance that OTC trading will continue or that a broker will make a market.
- The company says it still intends to complete the ZincFive transaction and seek a listing for its shares and warrants on Nasdaq or another national exchange. Completion and relisting are not assured.
- A registration statement on Form S-4, including a preliminary proxy statement/prospectus, was filed September 30, 2026 and had not yet been declared effective.
Outlook, risks, and contingencies
The transaction remains subject to completion and related approvals, and shareholders may elect redemptions that could leave the combined company with insufficient cash. The filing also identifies risks involving ZincFive’s growth, customers and suppliers, product performance, manufacturing capacity, financing needs, competition, supply chains, cybersecurity, regulation, and the data-center market. Forward-looking statements reflect expectations as of the filing date and are not guarantees.
Key facts for investors to verify
- Whether Nasdaq suspends trading and files Form 25-NSE as scheduled, and the effective delisting date.
- Whether OTC quotation and market-making for SPKL, SPKLU, and SPKLW are available after delisting.
- Whether the Form S-4 becomes effective, the transaction receives required approvals, and the ZincFive business combination closes.
- Expected redemptions, transaction financing, and the combined company’s ability to obtain an exchange listing.
- The definitive proxy statement/prospectus and subsequent SEC filings for transaction terms, financial information, and participant interests.