SciSparc ( NASDAQ: SPRC ) is offering up to 61.21M shares for resale by selling shareholders. The resale includes 53.
62M shares from the conversion of $4.2M in convertible debentures and 7.59M shares from warrants.
The company will not receive proceeds from the sale of the debenture or warrant shares, except for potential warrant exercise proceeds. The exercise price for the warrants is $0.5532/share.
SPRC shares fall nearly 8% in post-market trading on Tuesday. Source: SEC filing More on SciSparc Ltd. SciSparc to sell MitoCareX to N2Off for $700,000 Financial information for SciSparc Ltd.
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