Spark I Acquisition Corp: Nasdaq to delist securities

What happened

• The filing says that on Sep 30, 2026 Spark I Acquisition Corporation "received a written notice" from the Nasdaq Listing Qualifications Department that the company's securities will be delisted from Nasdaq for failure to complete its initial business combination by Sep 29, 2026 (36 months from the effectiveness of its IPO registration statement).
• The filing says trading in the company's Class A ordinary shares, units and warrants will be suspended from trading at the opening of business on Oct 7, 2026 and that Nasdaq will file a Form 25-NSE to remove the securities from listing and registration on Nasdaq.
• The filing says the company expects its securities to be quoted on the Pink Limited Market on the OTC Market under the symbols "SPKL", "SPKLU" and "SPKLW", but that there is no guarantee a broker will make a market or that trading will continue on the OTC Market.

Key details

• Nasdaq notice date: Sep 30, 2026; deadline missed: Sep 29, 2026 (36 months from IPO effectiveness).
• Trading suspension effective: opening of business on Oct 7, 2026; Form 25-NSE to be filed by Nasdaq.
• The filing states Spark I intends to complete its previously announced business combination with ZincFive, Inc. and to seek listing of shares and warrants on Nasdaq or another national securities exchange in connection with the transaction.
• Spark I and ZincFive filed a registration statement on Form S-4 on Sep 30, 2026 (File No. 333-299215); the registration statement has not yet been declared effective.

Why it may matter

• Item reported: Item 3.01, notice of delisting or failure to satisfy a continued listing rule or standard. The item covers receipt of a Nasdaq delisting notice, suspension of trading, expected OTC quotation, and related filings and statements about the proposed business combination with ZincFive.
• The filing includes forward-looking statements about the timing and completion of the proposed transaction and identifies risks and uncertainties that could affect outcomes.
• This filing does not show why the insider traded or why the company acted.