Iron Spark I Inc. Announces Closing of Over-Allotment Option

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Jul 15, 2021

Iron Spark I Inc. (NASDAQ Capital Market: ISAA) ("Iron Spark" or the "Company"), a special purpose acquisition company, today announced the closing of the issuance of an additional 1,680,000 shares of Class A Common Stock (the “Over-Allotment Option Shares”) pursuant to the partial exercise of the underwriters’ over-allotment option in connection with the Company’s initial public offering. The additional units were sold at the initial offering price of $10.00 per unit, generating additional gross proceeds of $16,800,000 to the Company and bringing the total gross proceeds of the initial public offering to $166,800,000. Closing of the issuance of the Over-Allotment Option Shares occurred on June 16, 2021.