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Transaction includes issuance of shares and cash payment.
SciSparc Ltd. (Nasdaq: SPRC) through its subsidiary NeuroThera Labs Inc. (TSXV: NTLX) completed the acquisition of approximately 54% interest in CliniQuantum Ltd. on June 04, 2026. The transaction involved the issuance of 56,375 ordinary shares and 56,600,000 common shares, along with a cash payment of CAD$9,459,954.20 (equivalent to US$2,500,000) at CAD$0.05 per common share.
The total consideration for the acquisition included both the shares issued and the cash payment. NeuroThera Labs issued 56,375 ordinary shares and 56,600,000 common shares as part of the deal. Additionally, a cash amount of CAD$9,459,954.20 was paid, which is equivalent to US$2,500,000 at the exchange rate of CAD$0.05 per common share.
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