Spark I Acquisition Corporation has amended its charter to extend the deadline for completing a business combination by six months. The company’s shareholders approved the amendment at an extraordinary general meeting held on September 25, 2026. The vote to extend the date, known as the Extension, was approved by 7,074,069 shares, with 57,456 shares voting against the measure.
Under the terms of the amendment, the deadline for consummating an initial business combination has been moved from September 29, 2026, to March 29, 2027. The company’s sponsor, SLG SPAC Fund LLC, has agreed to contribute funds to the trust account to support this extension. The sponsor will deposit an amount equal to $0.015 per public share outstanding after redemptions, beginning on October 1, 2026. This contribution is capped at a maximum aggregate amount of approximately $201,304.
In addition to the monthly sponsor contributions, the company announced a one-time deposit into the trust account. This Additional Contribution will be $0.10 per public share that was not redeemed in connection with the extraordinary general meeting. The deposit is scheduled to occur on Monday, October 5, 2026.
The Additional Contribution will increase the per-share value of the trust account. Public shareholders who previously submitted redemption requests for the meeting may withdraw those requests by contacting the transfer agent, Continental Stock Transfer & Trust Company, no later than 5:00 p.m. Eastern time on Friday, October 2, 2026. Shareholders who do not withdraw their requests will receive the original redemption price, which is estimated to be approximately $10.92 per share.
The company is currently pursuing a business combination with ZincFive, Inc. The amended timeline and increased trust account value are intended to facilitate this potential transaction.
