Spark I Acquisition Corp 8-K
Research Summary
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Spark I Acquisition Corp Notified of Nasdaq Annual-Meeting Noncompliance
What Happened Spark I Acquisition Corp announced on January 27, 2026 that it received a notice from the Nasdaq Listing Qualifications Department stating the company is not in compliance with Nasdaq Listing Rule 5620(a), which requires an annual meeting of shareholders within 12 months of the fiscal year end. The notice does not immediately affect the listing or trading of the company’s securities. Under Nasdaq Listing Rule 5810(c)(2)(G), the company has 45 calendar days (until March 13, 2026) to submit a plan to regain compliance; if Nasdaq accepts the plan, an extension of up to 180 days from the fiscal year end (until June 29, 2026) may be granted.
Key Details
- Notice received: January 27, 2026 (Nasdaq Listing Qualifications Department).
- Noncompliance cited: Nasdaq Listing Rule 5620(a) — requirement to hold an annual shareholder meeting.
- Deadline to submit compliance plan: 45 days from notice, until March 13, 2026.
- Possible extension if plan accepted: up to 180 days from fiscal year end, until June 29, 2026.
- Current status: Notice has no immediate effect on listing/trading; company intends to submit a plan and hold an annual meeting within any granted compliance period.
Why It Matters This filing alerts investors that Spark I Acquisition Corp is taking formal steps to address a Nasdaq listing-rule deficiency related to its annual shareholder meeting. If the company fails to regain compliance and Nasdaq does not accept a plan or grant an extension, delisting proceedings could follow (the company may appeal such a decision). Investors should watch for the company’s compliance plan submission by March 13, 2026, any Nasdaq response, and the announced date of the annual meeting.