SLG SPAC Fund LLC - 05 Oct 2023 Form 3 Insider Report for Spark I Acquisition Corp (SPKL)

Role
Chief Finance Officer, Director, Other*, 10%+ Owner
Signature
/s/ SLG SPAC Fund LLC, by Bernard Moon on behalf of SparkLabs Group Management, LLC, Managing Member
Issuer symbol
SPKL
Transactions as of
05 Oct 2023
Net transactions value
$0
Form type
3
Filing time
10 Oct 2023, 19:14:38 UTC
Next filing
11 Oct 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SPKLU Class B Ordinary Shares 05 Oct 2023 Class A Ordinary Shares 6,020,130 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B ordinary shares are convertible for the Issuer's Class A ordinary shares as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-273176) (as amended, the "Registration Statement") and have no expiration date. The Class B ordinary shares beneficially owned by the Reporting Persons include (a) up to 448,052 Class B ordinary shares subject to forfeiture to the Issuer depending on the extent to which the underwriters' over-allotment option is exercised in connection with the Issuer's initial public offering of units, and (b) up to 3,435,065 Class B ordinary shares subject to forfeiture immediately prior to the closing of the Issuer's initial business combination depending on the amount of the proceeds received under the forward purchase agreement described in the Registration Statement or in the event of the Issuer's winding up and subsequent dissolution as described in the Registration Statement.
F2 SLG SPAC Fund LLC is the record holder of the securities reported herein. The sole managing member of SLG SPAC Fund LLC is SparkLabs Group Management, LLC ("SparkLabs") of which Bernard Moon is a managing member and Ho Min (Jimmy) Kim is a member and SparkLabs may be deemed the beneficial owner of these shares. Each of SparkLabs, Mr. Kim and Mr. Moon disclaims beneficial ownership of the shares held by the SLG SPAC Fund LLC, except to the extent of such person's pecuniary interest therein.

Remarks:

SLG SPAC Fund LLC may be deemed a director by deputization by virtue of its representation on the board of directors of the Issuer. Ho Min (Jimmy) Kim is the member of the board of directors and Chief Finance Officer of the Issuer. See Exhibit 99.1 - Joint Filer Information, which is incorporated herein by reference and describes in further detail the relationships of the Reporting Persons to the Issuer.