Spark I Acquisition Q2 net loss widens to $1.65 million; Q2 operating expenses rise to $1.7 million

Reuters2026/08/14 20:26

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Spark I Acquisition posted a net loss of $1.65 million for the quarter ended June 30, 2026, swinging from net income of $362,583.
Operating expenses rose to $1.7 million; administration-related party expenses fell to $179,940.
Interest earned on Trust Account investments dropped to $226,144 from $1.13 million.
Cash totaled $401,642; Trust Account balance was $25.81 million, with a working capital deficit of $6.05 million.
Entered a merger and reorganization agreement with ZincFive in June 2026; deadline to complete a deal remains Sept. 29, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Spark I Acquisition Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-097178), on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Spark I Acquisition Q2 net loss widens to $1.65 million; Q2 operating expenses rise to $1.7 million

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