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SciSparc (NASDAQ: SPRC) to implement 1-for-9 reverse share split

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6-K

Rhea-AI Filing Summary

SciSparc Ltd. is implementing a 1-for-9 reverse share split of its ordinary shares, effective at the market open on March 4, 2026. The shares will continue trading on the Nasdaq Capital Market under the symbol SPRC on a split-adjusted basis starting that date.

The number of issued and outstanding ordinary shares will be reduced from 5,089,501 to approximately 565,500, with about 565,000 outstanding shares after the split, of which roughly 561,533 will be publicly held. Authorized share capital will remain at 2,000,000,000 ordinary shares. All shareholders are affected uniformly, with fractional shares rounded to the nearest whole share at the DTC participant level, and option and warrant terms will be adjusted proportionately.

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Insights

SciSparc is consolidating its share count via a 1-for-9 reverse split.

SciSparc is executing a 1-for-9 reverse share split, cutting issued and outstanding ordinary shares from 5,089,501 to about 565,500. The company states that shareholder ownership percentages remain unchanged apart from minor rounding effects from fractional-share treatment.

The authorized capital of 2,000,000,000 ordinary shares stays intact, while options and warrants receive proportionate adjustments to exercise prices and share quantities. This is a structural change to the share capital, not an operating event, and cash-flow effects are not described.

The split becomes effective at the market open on March 4, 2026, when SPRC begins trading on a split-adjusted basis. Future disclosures in periodic reports may clarify how the new share structure interacts with listing requirements or capital-raising plans.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

 

For the month of March 2026

 

Commission file number: 001-38041

 

SCISPARC LTD.

(Translation of registrant’s name into English)

 

20 Raul Wallenberg Street, Tower A,

Tel Aviv 6971916 Israel

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F             Form 40-F 

 

 

 

 

 

 

CONTENTS

 

On March 2, 2026, SciSparc Ltd. (the “Company”) issued a press release titled “SciSparc Announces 1-for-9 Reverse Share Split” a copy of which is furnished as Exhibit 99.1 to this Form 6-K.

 

This Report of Foreign Private Issuer on Form 6-K is incorporated by reference into the Company’s registration statements on Form F-3 (File Nos. 333-286099333-275305333-269839333-266047333-248670333-255408, 333-293167 and 333-293533) and on Form S-8 (File Nos. 333-278437333-225773333-286791 and 333-292952)  filed with the Securities and Exchange Commission to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.

 

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EXHIBIT INDEX

 

Exhibit No.    
99.1   Press release issued by SciSparc Ltd., dated March 2, 2026, titled “SciSparc Announces 1-for-9 Reverse Share Split”.

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  SciSparc Ltd.
     
Date: March 2, 2026 By: /s/ Oz Adler 
  Name:  Oz Adler
  Title: Chief Executive Officer and Chief Financial Officer

 

3

 

Exhibit 99.1

 

SciSparc Announces 1-for-9 Reverse Share Split

 

Following the reverse share split, the Company will have approximately 565,000 outstanding shares, out of
which approximately 561,533 will be publicly held

 

Tel Aviv, Israel, March 2, 2026 (GLOBE NEWSWIRE) -- SciSparc Ltd. (“SciSparc” or the “Company”) (Nasdaq: SPRC), a company engaged in clinical-stage pharmaceutical developments through its majority-owned subsidiary NeuroThera Labs Inc., announced today that it intends to effect a one-for-nine (1-for-9) reverse share split (the “Reverse Share Split”) of the Company’s issued and outstanding ordinary shares, no par value per share (the “Ordinary Shares”), effective at the market open on March 4, 2026. The Ordinary Shares will continue to trade on the Nasdaq Capital Market under the existing trading symbol “SPRC” and will begin trading on a split-adjusted basis at the market open on March 4, 2026. The new CUSIP number for the Ordinary Shares following the Reverse Share Split will be M82618139.

 

The Reverse Share Split was approved by the Company’s shareholders at the Company’s Annual General Meeting of Shareholders held on June 26, 2025, to be effected at the board of directors’ discretion within the approved parameters.

 

The Reverse Share Split will not result in an adjustment to the authorized share capital of the Company under the Company’s amended and restated articles of association, as currently in effect (the “Articles”), which, as of the date hereof, consists of 2,000,000,000 Ordinary Shares.

 

The Reverse Share Split will affect all shareholders uniformly and will not alter any shareholder’s percentage of ownership interest in the Company’s Ordinary Shares, except for minor changes due to the treatment of fractional shares as described below. The number of issued and outstanding Ordinary Shares will be reduced from 5,089,501 Ordinary Shares to approximately 565,500 Ordinary Shares following the Reverse Share Split (subject to any further adjustments due to the treatment of fractional shares). In accordance with the Articles, no fractional Ordinary Shares will be issued as a result of the Reverse Share Split and all fractional Ordinary Shares shall be rounded to the nearest whole Ordinary Share, at the DTC participant level. In addition, a proportionate adjustment will be made to the per share exercise price and the number of shares issuable upon the exercise of all outstanding options and warrants entitling the holders to purchase Ordinary Shares. No fractional Ordinary Shares will be issued upon exercise of warrants or options. As to any fraction of an Ordinary Share which a holder would otherwise be entitled to purchase upon exercise, the Company will round up to the nearest whole Ordinary Share, according to the terms of the warrant or option.

 

Shareholders holding their shares in book-entry form, through a brokerage account, or in “street name” are not required to take any action, as the exchange will be processed automatically by their respective brokers or custodians. For questions or additional information regarding the exchange process, shareholders are encouraged to contact the Company’s transfer agent, VStock Transfer, LLC with a mailing address of 18 Lafayette Place, Woodmere, New York 11598.

 

About SciSparc Ltd. (Nasdaq: SPRC):

 

The Company, through its majority-owned subsidiary NeuroThera Labs Inc., engages in clinical-stage pharmaceutical developments. SciSparc’s focus is on creating and enhancing a portfolio of technologies and assets based on cannabinoid pharmaceuticals. With this focus, the Company, together with its majority-owned subsidiary NeuroThera Labs Inc., are currently engaged in the following drug development programs based on THC and/or non-psychoactive CBD: SCI-110 for the treatment of Tourette syndrome, for the treatment of Alzheimer’s disease and agitation; and SCI- 210 for the treatment of ASD and status epilepticus. The Company, through NeuroThera Labs Inc., also owns a controlling interest in a subsidiary whose business focuses on the sale of hemp seed oil-based products on the Amazon.com Marketplace.

 

Forward-Looking Statements:

 

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. For example, the Company is using forward-looking statements when discussing the anticipated effective date of the Reverse Share Split and the date that trading of the Ordinary Shares will begin on a split-adjusted basis. Since such statements deal with future events and are based on SciSparc’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of SciSparc could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in SciSparc’s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the “SEC”) on April 24, 2025, and in subsequent filings with the SEC. Except as otherwise required by law, SciSparc disclaims any intention or obligation to update or revise any forward-looking statements, which speak only as of the date they were made, whether as a result of new information, future events or circumstances or otherwise.

 

Investor Contact:
IR@scisparc.com
Tel: +972-3-6167055

 

FAQ

What reverse share split did SciSparc (SPRC) approve in March 2026?

SciSparc approved a 1-for-9 reverse share split of its ordinary shares. This consolidates every nine existing shares into one, reducing the number of issued and outstanding shares while keeping overall shareholder ownership percentages effectively the same, apart from minor rounding of fractional shares.

When does SciSparc’s 1-for-9 reverse share split take effect?

The reverse share split becomes effective at the market open on March 4, 2026. From that time, SciSparc’s ordinary shares will trade on the Nasdaq Capital Market on a split-adjusted basis under the existing ticker symbol SPRC, reflecting the new consolidated share count.

How will SciSparc’s outstanding share count change after the reverse split?

SciSparc’s issued and outstanding ordinary shares will decrease from 5,089,501 to approximately 565,500 after the 1-for-9 reverse split. Following the split, the company expects about 565,000 outstanding shares in total, with roughly 561,533 of those shares held by the public market float.

Does SciSparc’s reverse share split change authorized share capital?

The reverse share split does not change SciSparc’s authorized share capital. The company’s amended and restated articles of association continue to authorize 2,000,000,000 ordinary shares. Only the number of issued and outstanding shares is reduced through the 1-for-9 consolidation process described in the announcement.

How will SciSparc handle fractional shares in the 1-for-9 reverse split?

SciSparc will not issue fractional ordinary shares in the reverse split. Instead, fractional entitlements will be rounded to the nearest whole share at the DTC participant level, and any fractional shares from warrant or option exercises will be rounded up to the nearest whole share under the instruments’ terms.

What happens to SciSparc options and warrants after the reverse share split?

SciSparc will adjust options and warrants proportionately to the reverse split. Both the per-share exercise price and the number of ordinary shares issuable on exercise will be modified to reflect the 1-for-9 ratio, so holders maintain the same overall economic position after the capital change.

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