SciSparc Ltd. (SPRC) has released an update.
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SciSparc Ltd. is set to merge with AutoMax Motors Ltd., a prominent vehicle importer in Israel, making AutoMax a wholly-owned subsidiary. The estimated merger consideration is approximately $2.33 million, based on SciSparc’s average closing share price. This strategic move is expected to enhance SciSparc’s market position and financial potential.
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