The unlocked bonuses for Spark's Candy Challenge go live later today.

Here's a summary of those bonuses.

To clarify, Raikou is going to get a Raid Day (from the looks of it). They haven't announced the time and date yet.

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Raikou Raid Day will be June 29 from 4 pm to 7 pm Local Time.
Here's an update to the graphic posted earlier today.

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Simple Raikou Graphic

Raikou will be available Saturday, June 29, 4 - 7 pm local time. Shiny Raikou will be available. Trainers will also receive up to 5 free raids passes.

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