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[6-K] SciSparc Ltd. Current Report (Foreign Issuer)

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Rhea-AI Filing Summary

SciSparc Ltd. (SPRC) closed the sale of its stake in MitoCareX to N2OFF on October 20, 2025. In exchange, SciSparc received a cash payment of $700,000 and 490,751 shares of N2OFF common stock, representing 16.75% of N2OFF on a fully diluted basis.

The transaction leaves N2OFF owning 100% of MitoCareX, while SciSparc now holds a meaningful equity position in N2OFF plus cash proceeds. The company also furnished a press release as Exhibit 99.1 detailing the closing and MitoCareX’s focus on drug discovery for resistant cancers.

SciSparc Ltd. (SPRC) ha chiuso la vendita della sua partecipazione in MitoCareX a N2OFF il 20 ottobre 2025. In cambio, SciSparc ha ricevuto un pagamento in contanti di $700,000 e 490,751 azioni ordinarie di N2OFF, che rappresentano 16,75% di N2OFF su base completamente diluita.

La transazione lascia N2OFF proprietaria del 100% di MitoCareX, mentre SciSparc detiene ora una posizione azionaria significativa in N2OFF oltre alle somme ricevute in contanti. L'azienda ha inoltre fornito un comunicato stampa come Exhibit 99.1 che dettaglia la chiusura e l'obiettivo di MitoCareX nella scoperta di farmaci per tumori resistenti.

SciSparc Ltd. (SPRC) cerró la venta de su participación en MitoCareX a N2OFF el 20 de octubre de 2025. A cambio, SciSparc recibió un pago en efectivo de $700,000 y 490,751 acciones ordinarias de N2OFF, que representan el 16,75% de N2OFF en base totalmente diluida.

La transacción deja a N2OFF con el 100% de MitoCareX, mientras que SciSparc ahora posee una participación accionaria significativa en N2OFF además de las ganancias en efectivo. La empresa también proporcionó un comunicado de prensa como Exhibit 99.1 que detalla el cierre y el enfoque de MitoCareX en el descubrimiento de fármacos para cánceres resistentes.

SciSparc Ltd. (SPRC) 는 2025년 10월 20일에 MitoCareX에 대한 지분을 N2OFF에 매각하는 거래를 성사시켰습니다. 대가로 SciSparc 는 현금 700,000달러와 N2OFF 보통주 490,751주를 받았으며, 이는 완전 희석 기준으로 N2OFF의 16.75%에 해당합니다.

거래로 N2OFF는 MitoCareX의 100%를 소유하게 되며, SciSparc는 이제 N2OFF에서 의미 있는 지분을 보유하고 현금을 받습니다. 또한 이 회사는 Exhibit 99.1로 마감에 대한 보도자료를 제공했으며, 저항성 암에 대한 신약 발견에 대한 MitoCareX의 초점을 자세히 다루고 있습니다.

SciSparc Ltd. (SPRC) a clos la vente de sa participation dans MitoCareX à N2OFF le 20 octobre 2025. En échange, SciSparc a reçu un paiement en espèces de $700,000 et 490 751 actions ordinaires de N2OFF, représentant 16,75% de N2OFF sur une base entièrement diluée.

La transaction laisse N2OFF détenir 100% de MitoCareX, tandis que SciSparc détient désormais une position d'actionnaire significative dans N2OFF en plus des liquidités. L'entreprise a également fourni un communiqué de presse en tant qu'Exhibit 99.1 détaillant la clôture et l'orientation de MitoCareX vers la découverte de médicaments contre les cancers résistants.

SciSparc Ltd. (SPRC) schloss am 20. Oktober 2025 den Verkauf seiner Beteiligung an MitoCareX an N2OFF ab. Im Gegenzug erhielt SciSparc eine Barzahlung von $700,000 und 490.751 N2OFF-Stammaktien, was 16,75% von N2OFF auf vollständiger Verwässerung bedeutet.

Die Transaktion lässt N2OFF 100% von MitoCareX besitzen, während SciSparc nun eine signifikante Eigenkapitalposition in N2OFF sowie Bargeldzuflüsse hält. Das Unternehmen stellte außerdem eine Pressemitteilung als Exhibit 99.1 zur Verfügung, die den Abschluss und den Fokus von MitoCareX auf die Entdeckung von Arzneimitteln gegen resistente Krebsarten beschreibt.

أغلقت SciSparc Ltd. (SPRC) بيع حصتها في MitoCareX إلى N2OFF في 20 أكتوبر 2025. مقابل ذلك، تلقت SciSparc دفعة نقدية قدرها $700,000 و 490,751 سهماً عاديّاً من N2OFF، تمثل 16.75% من N2OFF على أساس مُخفّض بالكامل.

ترك الصفقة لـ N2OFF امتلاك 100% من MitoCareX، بينما تمتلك SciSparc الآن مركز حصة ملكية مهم في N2OFF بالإضافة إلى العوائد النقدية. كما زودت الشركة بياناً صحفياً كـ Exhibit 99.1 يوضح الإغلاق وتركيز MitoCareX على اكتشاف أدوية لسرطانات مقاومة.

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Insights

Closed asset sale for cash plus a 16.75% N2OFF stake.

SciSparc completed the transfer of its MitoCareX shares to N2OFF, receiving $700,000 and 490,751 N2OFF shares, equal to 16.75% on a fully diluted basis, as of the closing on October 20, 2025. N2OFF now owns 100% of MitoCareX.

This structure mixes immediate cash with equity exposure to N2OFF’s future performance. The economic impact for SciSparc will depend on N2OFF’s share value and any liquidity pathway.

Key reference points include the $700,000 cash inflow and the equity allocation mechanics (16.75% fully diluted). Subsequent filings may provide additional context on valuation and any lock-ups or transfer restrictions.

SciSparc Ltd. (SPRC) ha chiuso la vendita della sua partecipazione in MitoCareX a N2OFF il 20 ottobre 2025. In cambio, SciSparc ha ricevuto un pagamento in contanti di $700,000 e 490,751 azioni ordinarie di N2OFF, che rappresentano 16,75% di N2OFF su base completamente diluita.

La transazione lascia N2OFF proprietaria del 100% di MitoCareX, mentre SciSparc detiene ora una posizione azionaria significativa in N2OFF oltre alle somme ricevute in contanti. L'azienda ha inoltre fornito un comunicato stampa come Exhibit 99.1 che dettaglia la chiusura e l'obiettivo di MitoCareX nella scoperta di farmaci per tumori resistenti.

SciSparc Ltd. (SPRC) cerró la venta de su participación en MitoCareX a N2OFF el 20 de octubre de 2025. A cambio, SciSparc recibió un pago en efectivo de $700,000 y 490,751 acciones ordinarias de N2OFF, que representan el 16,75% de N2OFF en base totalmente diluida.

La transacción deja a N2OFF con el 100% de MitoCareX, mientras que SciSparc ahora posee una participación accionaria significativa en N2OFF además de las ganancias en efectivo. La empresa también proporcionó un comunicado de prensa como Exhibit 99.1 que detalla el cierre y el enfoque de MitoCareX en el descubrimiento de fármacos para cánceres resistentes.

SciSparc Ltd. (SPRC) 는 2025년 10월 20일에 MitoCareX에 대한 지분을 N2OFF에 매각하는 거래를 성사시켰습니다. 대가로 SciSparc 는 현금 700,000달러와 N2OFF 보통주 490,751주를 받았으며, 이는 완전 희석 기준으로 N2OFF의 16.75%에 해당합니다.

거래로 N2OFF는 MitoCareX의 100%를 소유하게 되며, SciSparc는 이제 N2OFF에서 의미 있는 지분을 보유하고 현금을 받습니다. 또한 이 회사는 Exhibit 99.1로 마감에 대한 보도자료를 제공했으며, 저항성 암에 대한 신약 발견에 대한 MitoCareX의 초점을 자세히 다루고 있습니다.

SciSparc Ltd. (SPRC) a clos la vente de sa participation dans MitoCareX à N2OFF le 20 octobre 2025. En échange, SciSparc a reçu un paiement en espèces de $700,000 et 490 751 actions ordinaires de N2OFF, représentant 16,75% de N2OFF sur une base entièrement diluée.

La transaction laisse N2OFF détenir 100% de MitoCareX, tandis que SciSparc détient désormais une position d'actionnaire significative dans N2OFF en plus des liquidités. L'entreprise a également fourni un communiqué de presse en tant qu'Exhibit 99.1 détaillant la clôture et l'orientation de MitoCareX vers la découverte de médicaments contre les cancers résistants.

SciSparc Ltd. (SPRC) schloss am 20. Oktober 2025 den Verkauf seiner Beteiligung an MitoCareX an N2OFF ab. Im Gegenzug erhielt SciSparc eine Barzahlung von $700,000 und 490.751 N2OFF-Stammaktien, was 16,75% von N2OFF auf vollständiger Verwässerung bedeutet.

Die Transaktion lässt N2OFF 100% von MitoCareX besitzen, während SciSparc nun eine signifikante Eigenkapitalposition in N2OFF sowie Bargeldzuflüsse hält. Das Unternehmen stellte außerdem eine Pressemitteilung als Exhibit 99.1 zur Verfügung, die den Abschluss und den Fokus von MitoCareX auf die Entdeckung von Arzneimitteln gegen resistente Krebsarten beschreibt.

أغلقت SciSparc Ltd. (SPRC) بيع حصتها في MitoCareX إلى N2OFF في 20 أكتوبر 2025. مقابل ذلك، تلقت SciSparc دفعة نقدية قدرها $700,000 و 490,751 سهماً عاديّاً من N2OFF، تمثل 16.75% من N2OFF على أساس مُخفّض بالكامل.

ترك الصفقة لـ N2OFF امتلاك 100% من MitoCareX، بينما تمتلك SciSparc الآن مركز حصة ملكية مهم في N2OFF بالإضافة إلى العوائد النقدية. كما زودت الشركة بياناً صحفياً كـ Exhibit 99.1 يوضح الإغلاق وتركيز MitoCareX على اكتشاف أدوية لسرطانات مقاومة.

SciSparc Ltd. (SPRC) 于2025年10月20日完成向N2OFF出售其在MitoCareX的股份。 作为对价,SciSparc 获得现金70万美元和N2OFF普通股490,751股,按充分摊薄计算相当于N2OFF的16.75%。

此次交易使N2OFF拥有MitoCareX的100%所有权,而SciSparc则在N2OFF中持有重要的股权地位并获得现金收益。公司还提供了Exhibit 99.1的新闻稿,详细说明交易完成情况以及MitoCareX在耐药癌症药物发现方面的关注点。

 

 

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 October 2025 (Report No. 4)

 

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 February 25, 2025, SciSparc Ltd. (the “Company”) entered into a Securities Purchase and Exchange Agreement, as amended (the “Agreement”) together with MitoCareX Bio Ltd., a private company incorporated under the laws of the State of Israel (“MitoCareX”), Dr. Alon Silberman (“Silberman”) and Prof. Ciro Leonardo Pierri (“Pierri”, together with the Company and Silberman, the “Sellers”), which contemplated that the Sellers will sell their respective ordinary shares, par value NIS 0.01 per share, of MitoCareX (the “Ordinary Shares”) to N2OFF, Inc., a Nevada corporation (“N2OFF”), thereby resulting in MitoCareX becoming a wholly-owned subsidiary of N2OFF, and in consideration to the Company the Agreement contemplated that N2OFF shall execute a cash payment of $700,000 (the “Cash Consideration”) and issue shares of N2OFF common stock, par value $0.0001 per share (the “Common Stock”) representing 16.75% of N2OFF on a fully-diluted basis (the “Transaction”).

 

On October 20, 2025, upon the satisfaction of the closing conditions of the Agreement, the Transaction closed (the “Closing”). At the Closing, each of the Sellers transferred their Ordinary Shares to N2OFF, thereby resulting in N2OFF holding 100% of the fully-diluted share capital of MitoCareX, and as consideration to the Company, N2OFF transferred the Cash Consideration, and issued 490,751 shares of Common Stock to the Company, representing 16.75% of N2OFF on a fully-diluted basis.

 

On October 23, SciSparc issued a press release titled “SciSparc Announces Closing of the Sale to N2OFF of Majority-Owned Subsidiary MitoCareX, Advancing Drug Discovery for Resistant Cancers Including Pancreatic and Non-Small Cell Lung Cancer.” A copy of this press release is furnished herewith as Exhibit 99.1 to this Report of Foreign Private Issuer on Form 6-K and is incorporated by reference herein.

 

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. 333-286099333-275305333-269839333-266047333-233417333-248670 and 333-255408) and on Form S-8 (File Nos. 333-278437333-225773 and 333-286791) 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.

 

1

 

 

EXHIBIT INDEX

 

Exhibit No.    
99.1   Press release issued by SciSparc Ltd. titled “SciSparc Announces Closing of the Sale to  N2OFF of Majority-Owned Subsidiary MitoCareX, Advancing Drug Discovery for Resistant Cancers Including Pancreatic and Non-Small Cell Lung Cancer.”

 

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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: October 24, 2025 By: /s/ Oz Adler
  Name:  Oz Adler
  Title: Chief Executive Officer and Chief Financial Officer

 

3

 

FAQ

What did SciSparc (SPRC) announce in this 6-K?

SciSparc closed the sale of its MitoCareX shares to N2OFF, receiving $700,000 in cash and 490,751 N2OFF shares representing 16.75% fully diluted.

When did the MitoCareX sale to N2OFF close?

The transaction closed on October 20, 2025.

How much of N2OFF does SciSparc now own?

SciSparc holds 16.75% of N2OFF on a fully diluted basis, received as 490,751 shares.

What cash proceeds did SciSparc receive?

SciSparc received a cash consideration of $700,000.

Who owns MitoCareX after the transaction?

N2OFF holds 100% of MitoCareX’s fully diluted share capital.

Did SciSparc provide additional details publicly?

Yes. A press release was furnished as Exhibit 99.1 summarizing the closing and MitoCareX’s focus areas.
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