Sparq Announces Termination of Investor Relations Agreement

Sparq Systems (OTCQB: SPRQF, TSXV: SPRQ) announced on October 24, 2025 that it has terminated its investor relations agreement with John Welsh.

Rhea-AI Summary

Sparq Systems (OTCQB: SPRQF, TSXV: SPRQ) announced on October 24, 2025 that it has terminated its investor relations agreement with John Welsh.

The Agreement was originally announced on June 26, 2025. The company thanked Mr. Welsh for services rendered.

Argus Oct 28 session

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News Market Reaction – SPRQF

On Oct 28, the first trading day after this news, SPRQF closed 4.58% below the previous close.

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Toronto, Ontario--(Newsfile Corp. - October 24, 2025) - Sparq Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) (FSE: M26) ("Sparq" or the "Company") announces that it has terminated its investor relations agreement (the "Agreement") with John Welsh. The Agreement was announced by the Company on June 26, 2025. The Company wishes to thank Mr. Welsh for services rendered to the Company.

ABOUT SPARQ

Sparq designs and manufactures next generation single-phase microinverters for residential and commercial solar electric applications. Sparq has developed a proprietary PV solution called the Quad; the Quad inverter optimizes four PV modules with a single microinverter, simplifying design and installation, and lowering cost for solar power installations when compared to existing market offerings. Sparq's head office is located at 945 Princess Street, Kingston, Ontario, K7L 0E9.

Neither the TSXV nor its regulation services provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact:

Sparq Systems Inc.
Dr. Praveen Jain
Chief Executive Officer
Email: pjain@sparqsys.com
Tel: 343.477.1158

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271861

FAQ

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When did Sparq (SPRQF) announce termination of its investor relations agreement with John Welsh?

Sparq announced the termination on October 24, 2025.

When was the investor relations agreement between Sparq (SPRQF) and John Welsh first announced?

The Agreement was announced on June 26, 2025.

Does the Sparq (SPRQF) announcement state why the investor relations agreement with John Welsh was terminated?

No. The announcement only states the Agreement was terminated and thanks Mr. Welsh for services rendered.

Which tickers represent Sparq mentioned in the termination notice?

Sparq is listed as TSXV: SPRQ and OTCQB: SPRQF (also FSE: M26).

Will Sparq (SPRQF) continue investor relations efforts after terminating the agreement with John Welsh?

The announcement does not specify next steps or replacement arrangements.