SPK Acquisition Corp. announces price of $ 50 million initial public offering




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NEW YORK, June 07, 2021 (GLOBE NEWSWIRE) – SPK Acquisition Corp. (NASDAQ: SPKAU, the “Company”) announced today that it has priced its initial public offering of 5,000,000 units at $ 10.00 per unit. The units will be listed on the NASDAQ Capital Market (“NASDAQ”) and trade under the ticker symbol “SPKAU” effective tomorrow, June 8, 2021. Each unit consists of one common share and a right to receive one. tenth (1/10) of an ordinary share upon completion of a first business combination. Once the securities comprising the Units begin to trade separately, the Common Shares and the Rights will be listed on the NASDAQ under the symbols “SPK” ​​and “SPKAR”, respectively.

The underwriters have been given a 45 day option to purchase up to 750,000 additional units offered by the Company to cover over-allotments, if any.

The offer is scheduled to close on June 10, 2021, subject to customary closing conditions.

Chardan acted as the sole accounting manager of the offer.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on June 7, 2021. The offer is being made only by means of a prospectus, copies of which can be obtained by contacting Chardan, 17 State Street , 21st floor, New York, New York 10004. Copies of the registration statement can be viewed on the SEC’s website at www.sec.gov.

This press release does not constitute an offer to sell or the solicitation of an offer to buy, and there will be no sale of such securities in any state or jurisdiction in which such an offer, solicitation or sale would be illegal. prior to registration or qualification under the securities laws of any such state or jurisdiction.

About SPK Acquisition Corp.

SPK Acquisition Corp. is a Delaware corporation incorporated as a blank check for the purpose of completing a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or consolidation of similar companies with one or more companies or entities. The Company’s efforts to identify a potential target business will not be limited to any particular industry or geographic region, although the Company intends to focus on operating activities in Asia operating in the areas of telecommunications, media and technology (“TMT”).

Forward-looking statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, including the successful completion of the Company’s initial public offering, are subject to risks and uncertainties, which could cause actual results to differ from forward-looking statements. The Company expressly disclaims any obligation or commitment to publicly release any update or revision to any forward-looking statement contained herein to reflect any change in the Company’s expectations in this regard or any change in events, conditions or circumstances on which a statement is based on.

Contact:

Sophie Ye Tao

SPK Acquisition Corp.

+86 13439129879

Source: SPK Acquisition Corp.



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