Welcome to our dedicated page for Scisparc news (Ticker: SPRC), a resource for investors and traders seeking the latest updates and insights on Scisparc stock.
SciSparc Ltd. (SPRC) is a clinical-stage pharmaceutical innovator developing cannabinoid-based therapies for neurological disorders while operating a consumer hemp products division. This page provides verified updates on both business segments, serving investors and stakeholders with essential news repository.
Access authoritative information on SPRC's clinical trial advancements, regulatory filings, and financial performance alongside developments in its hemp-derived product line. Content includes press releases detailing research milestones, partnership announcements, and strategic initiatives across therapeutic and consumer markets.
Key updates cover FDA communications, intellectual property developments, quarterly earnings disclosures, and operational expansions. All materials are curated to meet investor needs for decision-making clarity while maintaining compliance with financial reporting standards.
Bookmark this resource for streamlined access to SPRC's official announcements and analysis. Regularly updated content ensures stakeholders stay informed about the company's progress in pharmaceutical innovation and consumer market execution.
SciSparc (Nasdaq: SPRC) closed the acquisition and transfer transaction with Miza III Ventures (now Neurothera Labs Inc., TSXV: NTLX) effective October 22, 2025. SciSparc received 63,300,000 common shares, 4,000,000 warrants exercisable at CAD 0.25 until October 22, 2030, and up to 48,000,000 contingent rights tied to milestones. The Target Assets transferred had an aggregate value of approximately US$11.6 million while Neurothera enterprise value was ~US$3.3 million (including ~US$1.0M cash).
SciSparc holds a controlling stake of ~75%, potentially rising to ~84% if warrants and milestones are fully executed. SciSparc also committed CAD 1.0M via an unsecured convertible note maturing October 22, 2027. Transaction Securities are subject to TSXV escrow and final TSXV acceptance is pending.
SciSparc (Nasdaq: SPRC) announced on October 23, 2025 the closing of the sale of its majority-owned subsidiary MitoCareX to N2OFF (Nasdaq: NITO).
N2OFF purchased 6,622 MitoCareX shares from SciSparc for $700,000, exchanged remaining shares with the sellers for N2OFF common stock equaling 40% of N2OFF’s fully diluted capital, and reconstituted MitoCareX’s board. Sellers are entitled to 30% of N2OFF’s financing proceeds (capped at $1.6M) for five years and may receive up to 25% of N2OFF common stock as milestone-based issuances. MitoCareX focuses on mitochondrial SLC25 targets and uses the MITOLINE™ algorithm plus in vitro screening for anti-cancer small molecules.
SciSparc (Nasdaq: SPRC) announced on September 16, 2025 a board resolution to launch an initiative to develop quantum-powered 3D protein modeling for drug discovery, with a focus on neurological and rare diseases.
The program will form a dedicated research team, create a wholly owned Israeli subsidiary, collaborate with experts in quantum computing and structural biology, refine quantum algorithms for protein folding and protein-ligand interactions, and seek new intellectual property.
SciSparc (Nasdaq: SPRC) and Clearmind (Nasdaq: CMND) announced the publication of a U.S. patent application on Oct 20, 2025 covering a combination therapy of MEAI (5-methoxy-2-aminoindane) and N‑Acylethanolamines such as Palmitoylethanolamide (PEA) to address binge behavior disorders.
The patent application cites multiple binge behaviors including excessive alcohol use, eating disorders, tobacco use, compulsive shopping, and problematic sexual conduct. The filing describes a therapeutic rationale: MEAI to reduce impulsivity and reward-seeking and PEA for anti-inflammatory and neuroprotective support. The collaboration targets conditions including alcohol use disorder, cocaine addiction, obesity, and depression, and cites preclinical data supporting potential efficacy in reducing binge episodes while preserving natural reward pathways.
SciSparc (Nasdaq: SPRC) entered a definitive asset-and-share purchase agreement dated October 9, 2025, to transfer its advanced clinical-stage pharmaceutical portfolio and a ~51% stake in SciSparc Nutraceuticals into Miza III Ventures (TSXV: MIZA.P).
The agreement values the Target Assets at approximately US$11.6M and Miza enterprise value at approximately US$3.3M. SciSparc will receive 63,300,000 Miza common shares plus up to 48,000,000 contingent rights, yielding an expected post-close controlling interest of ~75%–84%. TSXV granted conditional approval; closing is anticipated on or about Oct 22, 2025. SciSparc may commit up to CAD1.0M via a 2-year convertible note at 7% and will receive 4,000,000 warrants exercisable at CAD0.25 for five years.
SciSparc (Nasdaq: SPRC) announced a framework agreement dated October 6, 2025 with AutoMax Motors and SciSparc Merger Sub to mutually terminate the April 10, 2024 Merger Agreement, effective immediately, the PR states.
Under the framework, AutoMax will: (1) repay a $4.25 million loan plus 9% per annum interest compounded annually in a single lump sum on January 1, 2028; and (2) repay a $2.0 million loan via $60,000 monthly installments beginning November 20, 2025 with 8% per annum interest compounded annually to each payment date. The PR also states accrued interest of $114,523 (from Feb 24, 2025 to Nov 20, 2025) will be paid at the outset.
SciSparc Ltd. (Nasdaq: SPRC) announced that N2OFF (NASDAQ: NITO) shareholders have approved the acquisition of SciSparc's majority-owned subsidiary MitoCareX Bio Ltd., a drug discovery company focused on developing therapies for resistant cancers. The deal structure includes a $700,000 cash payment for 6,622 MitoCareX shares and an equity exchange giving sellers 40% of N2OFF's fully diluted capital stock.
The transaction includes significant milestone-based incentives, with sellers entitled to 30% of N2OFF's financing proceeds (capped at $1.6M) over five years and potential additional stock issuances of up to 25% of N2OFF's common stock. N2OFF has committed to a $1M initial investment to support MitoCareX's operations post-closing. The deal is expected to close in early October 2025.
SciSparc (NASDAQ:SPRC), a clinical-stage pharmaceutical company, announced its board's resolution to launch a groundbreaking initiative leveraging quantum computing for 3D protein modeling in drug discovery. The initiative aims to revolutionize structural biology and personalized medicine through enhanced protein structure prediction and interaction analysis.
The company plans to establish a dedicated research team and form collaborations with quantum computing and structural biology experts. The program will focus on developing quantum-enabled tools for protein folding prediction, protein-ligand interaction modeling, and accelerated drug discovery, particularly for neurological and rare diseases. SciSparc will incorporate a new Israeli subsidiary to operate this initiative.
SciSparc Ltd. (Nasdaq: SPRC), a clinical-stage pharmaceutical company, announced that shareholders of both SciSparc and AutoMax Motors Ltd. have approved their proposed merger. The strategic reverse merger will result in SciSparc acquiring 100% of AutoMax's share capital, with SciSparc shareholders retaining 50.01% ownership of the combined company.
AutoMax, a leading parallel vehicle importer in Israel, specializes in importing and distributing electric vehicles from Anhui Jianghuai Automobile Group. SciSparc has already provided financial support to AutoMax through a $4.25 million bridge loan in 2024 and an additional $2 million loan in February 2025. The merger's completion remains subject to Israeli court approval.
SciSparc (Nasdaq: SPRC), a clinical-stage pharmaceutical company, announced that shareholders have approved its merger with AutoMax Motors, a leading parallel vehicle importer in Israel. The strategic reverse merger will result in SciSparc acquiring 100% of AutoMax's share capital, with SciSparc shareholders retaining 50.01% of the combined company.
The merger represents a significant pivot from SciSparc's pharmaceutical focus to include automotive operations, particularly in electric vehicle distribution. SciSparc has already invested in AutoMax through a $4.25 million bridge loan in 2024 and an additional $2 million loan in February 2025. The deal's closing remains subject to AutoMax shareholder approval and Israeli court approval.
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