Spark I Acquisition Corp: 609,668 Class A shares redeemed, $7,100,000 removed

What happened

• The filing reports that shareholders holding an aggregate of 609,668 Class A ordinary shares exercised their right to redeem such shares for a pro rata portion of the funds held in the Company’s trust account as of Oct 2, 2026.
• The filing also reports that, at an extraordinary general meeting on Sep 25, 2026, shareholders approved an extension of the time to consummate the Company’s initial business combination from Sep 29, 2026 to Mar 29, 2027.

Key details

• $7,100,000 was removed from the trust account to pay redeeming holders, at approximately $11.68 per share.
• Approximately $19,000,000 remained in the trust account after the redemptions.
• After the redemptions, the Company has 6,445,104 Class A ordinary shares outstanding: 1,627,045 Class A shares originally issued as part of units sold in the IPO and 4,000,000 Class A shares that were originally issued to SLG SPAC Fund, LLC as Class B ordinary shares.

Why it may matter

• The filing is Item 8.01 (Other events) and covers the shareholder-approved extension and the related redemptions that reduced the trust account balance.
• A filing does not show why the insider traded or why the company acted.