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SciSparc Issues $3 Million Convertible Note for $2.55 Million

PUBT·11/03/2026 22:22:50
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SciSparc Issues $3 Million Convertible Note for $2.55 Million
  • SciSparc entered a securities purchase agreement on November 3, 2026, for up to $10 million in convertible promissory notes.
  • The initial $3 million note raised $2.55 million for working capital and general corporate purposes.
  • The notes carry 4% annual interest; the initial note’s repayment begins May 3, 2028, in 10 equal monthly installments.
  • The investor also received a warrant to purchase up to 11,457,269 ordinary shares at an exercise price of $0.5237.


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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-115602), on November 03, 2026, and is solely responsible for the information contained therein.