SciSparc's subsidiary MitoCareX approved for acquisition by N2OFF shareholders; shares up 29% [Seeking Alpha]
SciSparc Ltd. (SPRC)
Company Research
Source: Seeking Alpha
Upon closing, MitoCareX will become a wholly owned subsidiary of N2OFF, focused on mitochondrial protein-targeted therapies for hard-to-treat cancers. Deal terms include $700K cash to SciSparc and 40% of N2OFF's fully diluted stock to MitoCareX shareholders, with future milestone-based stock issuances and 30% share in financing proceeds (capped at $1.6M). N2OFF has committed to a $1M initial investment and ongoing support for two years post-closing. Final closing is targeted for early October 2025. SPRC shares up 28.7% post-market on Monday. Source: Press release More Trending News
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SPRC
News
- SciSparc: Neurothera Labs Signs Non-Binding Term Sheet to Acquire Majority Stake in a Quantum Algorithm Bio Data Analysis CompanyGlobeNewswire
- SciSparc Plans on Entering the Multi-Billion-Dollar GERD Device Market with Acquisition of an Approved IP PortfolioGlobeNewswire
- CNN values your feedback [CNN]CNN
- SciSparc to Acquire Treasury of Patents for Innovative Medical Endoscopy Systems [Yahoo! Finance]Yahoo! Finance
- SciSparc to Acquire Treasury of Patents for Innovative Medical Endoscopy SystemsGlobeNewswire
SPRC
Sec Filings
- 12/4/25 - Form SCHEDULE
- 12/2/25 - Form 6-K
- 11/28/25 - Form 424B5
- SPRC's page on the SEC website