SciSparc announced progress with its merger agreement with AutoMax Motors and SciSparc Merger Sub. The Jerusalem District Court in Israel has approved AutoMax’s petition to convene special class meetings of its shareholders to approve the merger with the company. In addition, on August 14, the company entered into an addendum to the merger agreement with AutoMax and SciSparc Merger Sub pursuant to which the right to terminate the merger agreement if the merger was not consummated by August 30 was deferred to November 30.
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