>>21258310 lb this is interesting. too bad im blah today to really care.
>Spkl_Tz
Spark I Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company is focused on late-stage technology startups in Asia or U.S. technology companies with a strong Asia presence or strategy, with an enterprise value greater than $1 billion.
Key Facts
IPO Proceeds: $100 million
IPO Date: October 6, 2023
CEO: James Rhee
Underwriters: Cantor Fitzgerald
IPO Cash in Trust: 100.5%
Focus: Technology
Sector: Asia
Recent Developments
Closed its initial public offering (IPO) of 10,000,000 units at a price of $10.00 per unit, resulting in gross proceeds of $100,000,000 (October 11, 2023)
Ringed the Nasdaq Stock Market Closing Bell on October 7, 2023, marking the occasion of its IPO
Investment Strategy
Spark I Acquisition Corp. is not motivated to drive bad deals for quick gain. Instead, it aims to build ecosystem, relationships, and reputation, and prioritize getting deals done. The company leverages SparkLabs Group’s strength in deal flow as a leading accelerator in Asia and one of the leading early-stage investors to capture the best opportunities in Asia.
—(6)Information technology.—The term “information technology”—
(A)with respect to an executive agency means any equipment or interconnected system or subsystem of equipment, used in the automatic acquisition, storage, analysis, evaluation, manipulation, management, movement, control, display, switching, interchange, transmission, or reception of data or information by the executive agency, if the equipment is used by the executive agency directly or is used by a contractor under a contract with the executive agency that requires the use—
(i)of that equipment; or
(ii)of that equipment to a significant extent in the performance of a service or the furnishing of a product;
(B)includes computers, ancillary equipment (including imaging peripherals, input, output, and storage devices necessary for security and surveillance), peripheral equipment designed to be controlled by the central processing unit of a computer, software, firmware and similar procedures, services (including support services), and related resources; but
(C)does not include any equipment acquired by a federal contractor incidental to a federal contract.
40 U.S. Code § 11101
CNF Awarded US Air Force Agile Cyber Technology 2 Contract - CNF Technologies
December 27, 2022 - SAN ANTONIO 12 April 2018 – CNF Technologies is pleased to announce the award of the Air Force Research Laboratory (AFRL) Agile Cyber Technology 2 (ACT 2) contract, a multiple-award Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract servicing Cybersecurity customers across the United …