| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 614,005 | 1,101,828 | ||
| Prepaid expenses | 25,162 | 74,661 | ||
| Total current assets | 639,167 | 1,176,489 | ||
| Investments held in trust | 24,823,733 | 109,172,314 | ||
| Total assets | 25,462,900 | 110,348,803 | ||
| Accrued expenses and offering costs | 573,060 | 843,123 | ||
| Related party payable | 3,500 | 3,500 | ||
| Note payable - sponsor | 1,700,000 | 1,000,000 | ||
| Convertible note payable - sponsor | 1,540,000 | 1,540,000 | ||
| Total current liabilities | 3,816,560 | 3,386,623 | ||
| Deferred underwriting fee payable | 3,500,000 | 3,500,000 | ||
| Total liabilities | 7,316,560 | 6,886,623 | ||
| Class a ordinary shares subject to possible redemption 2,236,713 and 10,000,000 shares at redemption value of 11.10 and 10.69 at september 30, 2025 and december 31, 2024, respectively-Class Common Stock Subject To Redemption | 24,823,733 | - | ||
| Ordinary shares-Common Class A | 400 | - | ||
| Ordinary shares-Common Class B | 242 | 642 | ||
| Accumulated deficit | -6,678,035 | -5,710,776 | ||
| Total shareholders' deficit | -6,677,393 | -5,710,134 | ||
| Class a ordinary shares subject to possible redemption 10,000,000 shares at redemption value of 10.92 and 10.69 at june 30, 2025 and december 31, 2024, respectively-Common Class Subject To Redemption | - | 109,172,314 | ||
| Total liabilities and shareholders' deficit | 25,462,900 | 110,348,803 | ||
Spark I Acquisition Corp (SPKLW)
Spark I Acquisition Corp (SPKLW)