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) 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.