SPARK I ACQUISITION CORP

Ticker: SPKL CUSIP: G8316B100 Class: ORD SHS

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (2)

Logan Stone Capital, LLC

Value ($000) $326 Shares 28,480

BERKLEY W R CORP

Value ($000) $749 Shares 65,566

Institution	Shares	Value ($000)
Logan Stone Capital, LLC	28,480	$326
BERKLEY W R CORP	65,566	$749

Increased Positions (4)

MIZUHO SECURITIES USA LLC

Value ($000) $4,850 (+67.5%) Shares 436,195 (+64.9%)

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $375 (+23.3%) Shares 33,217 (+27.0%)

Value ($000) $2 (+1140.9%) Shares 215 (+1164.7%)

Value ($000) $1 (+6.5%) Shares 52 (+8.3%)

Institution	Prev Shares	Curr Shares	Change
MIZUHO SECURITIES USA LLC	264,459	436,195	+171,736 (+64.9%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP	26,160	33,217	+7,057 (+27.0%)
UBS Group AG	17	215	+198 (+1164.7%)
MORGAN STANLEY	48	52	+4 (+8.3%)

Decreased Positions (3)

Rangeley Capital, LLC

Value ($000) $124 (-25.0%) Shares 10,813 (-23.7%)

Radcliffe Capital Management, L.P.

Value ($000) $451 (-20.3%) Shares 39,488 (-18.9%)

GLAZER CAPITAL, LLC

Value ($000) $1 (-9.2%) Shares 60,100 (-7.7%)

Institution	Prev Shares	Curr Shares	Change
Rangeley Capital, LLC	14,173	10,813	-3,360 (-23.7%)
Radcliffe Capital Management, L.P.	48,708	39,488	-9,220 (-18.9%)
GLAZER CAPITAL, LLC	65,100	60,100	-5,000 (-7.7%)

Exited Positions (1)

DEUTSCHE BANK AG\

Value ($000) $3,373 Shares 290,000

Institution	Prev Shares	Prev Value ($000)
DEUTSCHE BANK AG\	290,000	$3,373