Toronto Dominion Bank Buys Shares of 500,000 Spark I Acquisition Co. (NASDAQ:SPKL)

Toronto Dominion Bank bought a new stake in Spark I Acquisition Co. (NASDAQ:SPKL - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 500,000 shares of the company's stock, valued at approximately $5,320,000. Toronto Dominion Bank owned about 3.05% of Spark I Acquisition as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPKL. Bulldog Investors LLP boosted its stake in Spark I Acquisition by 46.6% in the fourth quarter. Bulldog Investors LLP now owns 149,734 shares of the company's stock valued at $1,593,000 after acquiring an additional 47,616 shares during the last quarter. Mizuho Securities USA LLC purchased a new position in Spark I Acquisition in the fourth quarter valued at about $1,616,000. D. E. Shaw & Co. Inc. boosted its stake in Spark I Acquisition by 12.1% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 175,145 shares of the company's stock valued at $1,864,000 after acquiring an additional 18,952 shares during the last quarter. Finally, Wolverine Asset Management LLC boosted its stake in Spark I Acquisition by 19.5% in the fourth quarter. Wolverine Asset Management LLC now owns 475,875 shares of the company's stock valued at $5,063,000 after acquiring an additional 77,581 shares during the last quarter. 34.90% of the stock is currently owned by hedge funds and other institutional investors.

Spark I Acquisition Trading Down 0.4%

SPKL opened at $10.86 on Thursday. Spark I Acquisition Co. has a twelve month low of $10.28 and a twelve month high of $11.95. The company's 50-day moving average price is $10.81 and its two-hundred day moving average price is $10.70.

Spark I Acquisition Company Profile

Spark I Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar combination with one or more businesses or assets. The company was incorporated in 2021 and is based in Palo Alto, California.

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