SciSparc Closes Acquisition and Gains Control of Neurothera Labs

Reuters

2025/10/24

SciSparc Closes Acquisition and Gains Control of Neurothera Labs

SciSparc Ltd. has closed its previously announced transaction with Neurothera Labs Inc. (formerly Miza III Ventures Inc.), transferring its advanced clinical stage pharmaceutical portfolio and a 51% equity stake in SciSparc Nutraceuticals Inc. to Neurothera. In exchange, SciSparc received 63.3 million common shares of Neurothera, 4 million common share purchase warrants, and up to 48 million contingent rights to acquire additional Neurothera shares upon the achievement of certain milestones. Following the transaction, SciSparc holds a controlling interest of approximately 75% in Neurothera, which could rise to 84% if all warrants are exercised and milestones are met. The securities issued to SciSparc are subject to a scheduled escrow release.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scisparc Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9551579-en) on October 24, 2025, and is solely responsible for the information contained therein.

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(formerly Miza III Ventures Inc.), transferring its advanced clinical stage pharmaceutical portfolio and a 51% equity stake in SciSparc Nutraceuticals Inc. to Neurothera. In exchange, SciSparc received 63.3 million common shares of Neurothera, 4 million common share purchase warrants, and up to 48 million contingent rights to acquire additional Neurothera shares upon the achievement of certain milestones. Following the transaction, SciSparc holds a controlling interest of approximately 75% in Neurothera, which could rise to 84% if all warrants are exercised and milestones are met. The securities issued to SciSparc are subject to a scheduled escrow release.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scisparc Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9551579-en) on October 24, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2095319765.USD","symbol_name":"Natixis Thematics Subscription Economy R/A USD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251024:nNDL2T7dmH:1","article_id":"2577513457","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2577513457","pubTimestamp":1761306914,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"SciSparc Ltd. has closed its previously announced transaction with Neurothera Labs Inc. , transferring its advanced clinical stage pharmaceutical portfolio and a 51% equity stake in SciSparc Nutraceuticals Inc. to Neurothera. 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(formerly Miza III Ventures Inc.), transferring its advanced clinical stage pharmaceutical portfolio and a 51% equity stake in SciSparc Nutraceuticals Inc. to Neurothera. In exchange, SciSparc received 63.3 million common shares of Neurothera, 4 million common share purchase warrants, and up to 48 million contingent rights to acquire additional Neurothera shares upon the achievement of certain milestones. Following the transaction, SciSparc holds a controlling interest of approximately 75% in Neurothera, which could rise to 84% if all warrants are exercised and milestones are met. The securities issued to SciSparc are subject to a scheduled escrow release.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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