Spark I Acquisition Corp
Business
Spark I Acquisition Corp is a blank-check company incorporated in the Cayman Islands to identify and execute a merger or business combination with one or more operating businesses. The company holds proceeds in trust for potential acquisition targets and is actively negotiating a binding business combination agreement with Kneron, a provider of edge artificial intelligence solutions. It focuses on late-stage technology startups in Asia or U.S. technology companies with strong Asian presence. The company has no operating revenues and generates no cash flow until completing an initial business combination.
Summary from 10-K filed 2026-03-30
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| Administrative fees - related party | 1 | 1 | 1 | 1 | |
| Operating expenses | 2 | 848,569 | 657,494 | 74,508 | |
| TOTAL EXPENSES | 3 | 2 | 2 | 1 | |
| Interest Income | 4 | 4 | 1 | 4 | |
| Forgiveness of debt | 1,227 | — | — | — | |
| Unrealized gain on investments held in trust account | 3 | 5 | — | — | |
| TOTAL OTHER INCOME | 3 | 5 | 1 | 4 | |
| Net income | 293,600 | 3 | −730,903 | −1 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash | 112,295 | 375,403 | 1 | — | — | |
| Prepaid expenses | 81,072 | 104,411 | 156,541 | 87,500 | — | |
| Total Current Assets | 193,367 | 479,814 | 2 | 675,141 | — | |
| Investments held in trust | 25 | 107 | 102 | — | — | |
| Total Assets | 25 | 107 | 103 | 1 | — | |
| Accrued expenses and offering costs | 604,052 | 505,218 | 408,676 | 316,656 | — | |
| Related party payable | 3,500 | 3,500 | — | — | — | |
| Note payable - Sponsor | 2 | — | — | — | — | |
| Convertible note payable - Sponsor | 2 | 840,000 | — | — | — | |
| Sponsor advance | — | 840,000 | — | — | — | |
| Total Current Liabilities | 4 | 1 | 408,676 | 3 | — | |
| Deferred underwriting fee payable | 4 | 4 | 4 | — | — | |
| Total Liabilities | 7 | 5 | 4 | 3 | — | |
| Commitments and contingencies (Note 6) | — | — | — | — | — | |
| Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding as of December 31, 2025 and 2024, respectively | — | — | — | — | — | |
| Accumulated deficit | −7 | −4 | −3 | −2 | — | |
| Total Shareholders' Deficit | −7 | −4 | −2 | −2 | −429,449 | |
| Total Liabilities and Shareholders' Deficit | 25 | 107 | 103 | 1 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| Net income | 293,600 | 3 | −730,903 | — | |
| Interest earned on investments held in Trust Account | −3 | −5 | — | — | |
| Prepaid expenses | 23,339 | 52,130 | −69,041 | 116,431 | |
| Other assets | — | 77,248 | −77,248 | — | |
| Related party payable | — | 3,500 | — | — | |
| Accrued expenses and offering costs | 98,834 | 96,542 | 92,020 | — | |
| Net Cash Used In Operating Activities | −2 | −2 | −1 | −1 | |
| Cash withdrawn from trust account | 85 | — | — | — | |
| Cash deposited into Trust Account | −201,305 | — | — | — | |
| Net Cash Provided by Investing Activities | 85 | — | −101 | — | |
| Redemptions of Class A ordinary shares | −85 | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | −82 | 840,000 | 103 | 1 | |
| Net change in cash | −263,108 | −1 | 816,533 | — | |
| Remeasurement of Class A ordinary shares to redemption value | 3 | 5 | 12 | — | |
| Conversion of Class B non-redeemable ordinary shares to Class A non-redeemable ordinary Shares | 400 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Spark I Acquisition Corp's CIK number?
Spark I Acquisition Corp's SEC CIK number is 0001884046 (1884046). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Spark I Acquisition Corp's SEC filings?
All of Spark I Acquisition Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.