SciSparc to Acquire Controlling Interest in Miza III Ventures, Transferring Pharmaceutical Portfolio in $11.6M Deal

Reuters
2025/10/15
SciSparc to Acquire Controlling Interest in Miza III Ventures, Transferring Pharmaceutical Portfolio in $11.6M Deal

SciSparc Ltd. has entered into a definitive agreement to acquire a controlling interest in Miza III Ventures Inc., a company listed on the TSX Venture Exchange. As part of the transaction, SciSparc will transfer its advanced clinical stage pharmaceutical portfolio and its approximately 51% equity stake in SciSparc Nutraceuticals Inc. to Miza. These assets are valued at about US$11.6 million. Upon closing, SciSparc will receive 4,000,000 common share purchase warrants from Miza, each exercisable at CAD 0.25 per share for five years. Additionally, SciSparc or a third party plans to provide up to CAD 1,000,000 in capital to Miza through an unsecured convertible note with a 7% annual interest rate, convertible into up to 4,000,000 common shares of Miza. The transaction is expected to close on or around October 22, 2025, subject to satisfaction of closing conditions and regulatory approval.

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: GNW9545922-en) on October 15, 2025, and is solely responsible for the information contained therein.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10