Amendment to Quarterly Report (Form 10-Q/A)

Pershing Square SPARC Holdings, Ltd. (the "Company") is filing this Amendment No. 1 to the Quarterly Report on Form (this "Amendment") to amend its Quarterly Report on Form for the quarter ended March 31, 2025, originally filed with the Securities and Exchange Commission ("SEC") on May 5, 2025 (the "Original Filing"). This Amendment is being filed solely for the purpose of revising the certifications filed as Exhibits 31.1 and 31.2 of the Original Filing ("Section 302 Certifications") to correct an inadvertent omission of certain language regarding internal control over financial reporting required to be included in such certifications by Item 601(b)(31)(i) of Regulation

This Amendment contains only the cover page, this explanatory note, the signature page and the revised Section 302 Certifications filed as Exhibits 31.1 and 31.2 to this Amendment. Because no financial statements have been included in this Amendment, paragraph 3 has been omitted from each of the revised Section 302 Certifications. No other changes have been made to the Original Filing. This Amendment speaks as of the filing date of the Original Filing, does not reflect any information or events subsequent to the Original Filing and does not modify or update in any way disclosures contained in the Original Filing. Accordingly, this Amendment should be read in conjunction with the Original Filing and with the Company's other filings made with the SEC subsequent to the Original Filing.