Risk factors

Spark I Acquisition (SPKL) risk factors

Item 1A of every Spark I Acquisition Corp. 10-K on file, and what changed from one year to the next.

  • FY2025 10-K risk factors

    62 risks, 2 dropped, 5 reworded since the prior year. Sponsor and management now own 74.2%, giving them more than enough shares to approve an initial business combination without public shareholders.

    Filed Mar 30, 2026
  • FY2024 10-K risk factors

    64 risks. This SPAC has no operating history and faces a strict July 11, 2025 liquidation deadline. It has letters of intent with Kneron and a hospitality software company. Risks center on redemption pressure, potential U.S. excise tax, and lack of target details.

    Filed Mar 21, 2025