SPKLU
SPKLU 1-star rating from Upturn Advisory

Spark I Acquisition Corp. Unit (SPKLU)

Spark I Acquisition Corp. Unit (SPKLU) 1-star rating from Upturn Advisory
$11.9
Last Close (24-hour delay)
Profit since last BUY7.01%
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Upturn Advisory Summary

02/27/2026: SPKLU (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

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Key Highlights

Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta -
52 Weeks Range 10.40 - 13.35
Updated Date 05/16/2025
52 Weeks Range 10.40 - 13.35
Updated Date 05/16/2025
Dividends yield (FY) -
Basic EPS (TTM) -
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Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -1.25%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value 178150528
Price to Sales(TTM) -
Enterprise Value 178150528
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 10000060
Shares Outstanding -
Shares Floating 10000060
Percent Insiders -
Percent Institutions 2.67

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Spark I Acquisition Corp. Unit

Spark I Acquisition Corp. Unit(SPKLU) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Spark I Acquisition Corp. Unit is a special purpose acquisition company (SPAC). SPACs are shell companies that raise capital through an IPO to acquire an existing private company. Spark I Acquisition Corp. did not have a specific founding year as it is a SPAC entity formed for the purpose of acquisition. Its evolution is tied to its acquisition target, which, as of my last update, was not publicly disclosed or finalized in a way that defines a distinct history beyond its formation as a SPAC.

Company business area logo Core Business Areas

  • SPAC Operations: As a SPAC, Spark I Acquisition Corp. Unit's core business is to identify and complete a business combination with one or more target businesses. This involves raising capital, identifying suitable acquisition targets, conducting due diligence, and merging with the target company to take it public.

leadership logo Leadership and Structure

The leadership and structure of Spark I Acquisition Corp. Unit would typically consist of a management team and a board of directors responsible for overseeing the SPAC's operations, identifying acquisition targets, and managing the de-SPAC transaction process. Specific names and roles are usually disclosed in SEC filings, but without a specific completed acquisition, the ongoing operational leadership may be focused on the de-SPAC process.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • SPAC IPO and Business Combination: Spark I Acquisition Corp. Unit's 'product' is essentially its platform to take a private company public through a merger. There are no direct 'products' in the traditional sense. Market share is not applicable as its function is to facilitate an acquisition rather than compete in a product market.

Market Dynamics

industry overview logo Industry Overview

Spark I Acquisition Corp. Unit operates within the financial services sector, specifically the Special Purpose Acquisition Company (SPAC) market. This market experienced significant growth in recent years but has also seen increased scrutiny and regulatory attention. The primary goal is to facilitate a public listing for private companies, offering an alternative to traditional IPOs.

Positioning

As a SPAC, Spark I Acquisition Corp. Unit's positioning is that of an intermediary, aiming to find a suitable private company for a business combination. Its success depends on its ability to identify a valuable target company and successfully complete the merger, thereby bringing that company to the public markets. Its competitive advantage would lie in the expertise of its management team in identifying opportunities and executing transactions.

Total Addressable Market (TAM)

The TAM for SPACs is the total value of private companies seeking to go public. This market is dynamic and depends on macroeconomic conditions, investor appetite for IPOs, and the regulatory environment. Spark I Acquisition Corp. Unit's position within this TAM is to secure a target company and execute a successful merger, effectively defining its potential market entry through its chosen acquisition.

Upturn SWOT Analysis

Strengths

  • Access to capital through its IPO.
  • Experienced management team with potential expertise in deal-making.
  • Flexibility in choosing a target company across various industries.

Weaknesses

  • No established operating history or revenue generation prior to acquisition.
  • Reliance on finding a suitable acquisition target within a limited timeframe.
  • Potential dilution to shareholders if a business combination is not accretive.
  • Dependence on market conditions for successful de-SPAC transaction.

Opportunities

  • Acquiring promising private companies undervalued by traditional IPOs.
  • Capitalizing on emerging industries or technologies.
  • Leveraging market inefficiencies for attractive valuations.

Threats

  • Regulatory changes affecting SPACs.
  • Increased competition from other SPACs and traditional IPOs.
  • Market volatility impacting deal valuations and investor sentiment.
  • Failure to identify and complete a business combination within the stipulated time, leading to dissolution.

Competitors and Market Share

Key competitor logo Key Competitors

  • Other SPACs actively seeking targets.
  • Companies pursuing traditional IPOs.
  • Private equity firms involved in buyouts and take-privates.

Competitive Landscape

Spark I Acquisition Corp. Unit competes with a vast number of other SPACs and the traditional IPO market for attractive acquisition targets. Its ability to secure a desirable target at a reasonable valuation, and then successfully integrate it and drive value, will determine its competitive standing.

Growth Trajectory and Initiatives

Historical Growth: As a SPAC, historical growth is not applicable. Its 'growth' is solely defined by its ability to execute a business combination.

Future Projections: Future projections for Spark I Acquisition Corp. Unit are entirely speculative and contingent upon the identification and successful merger with a target company. Analysts' projections would focus on the potential of the target company post-acquisition.

Recent Initiatives: Recent initiatives for Spark I Acquisition Corp. Unit would revolve around its ongoing search for a suitable acquisition target, conducting due diligence, and engaging with potential merger partners. Specific initiatives would be disclosed in its SEC filings.

Summary

Spark I Acquisition Corp. Unit is a Special Purpose Acquisition Company (SPAC) with its primary function being to identify and merge with a private company to take it public. Its current strength lies in its capital raised from its IPO and the potential expertise of its management team. However, it faces significant weaknesses due to its lack of operating history and the inherent risks associated with finding a suitable acquisition target within a competitive market. The company needs to carefully select a target with strong fundamentals and a clear path to profitability to mitigate threats from regulatory changes and market volatility.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • SEC Filings (Form S-1, 10-K, 10-Q, 8-K)
  • Financial news outlets
  • Industry analysis reports

Disclaimers:

This analysis is based on publicly available information and general knowledge of SPAC operations. Specific financial data and forward-looking statements are subject to change and depend on future events. This information should not be considered investment advice. Investors should conduct their own due diligence.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Spark I Acquisition Corp. Unit

Exchange NASDAQ
Headquaters Palo Alto, CA, United States
IPO Launch date 2023-10-06
Chairman & CEO Mr. James Rhee
Sector Financial Services
Industry Shell Companies
Full time employees -
Full time employees -

Spark I Acquisition Corporation does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Palo Alto, California.