SciSparc expects $405,728 from warrant exercise at reduced price
SPRC•SciSparc expects gross proceeds of approximately $405,728 after L.I.A Pure Capital agreed to exercise warrants for up to 405,728 ordinary shares at $1 each, reduced from $4.929. The closing is expected on or about October 27, 2026, subject to customary conditions.
1. Warrant exercise terms
SciSparc entered an agreement on October 26, 2026, for L.I.A Pure Capital to exercise warrants for up to 405,728 ordinary shares for cash at $1 per share, down from $4.929. The company expects gross proceeds of approximately $405,728, with net proceeds to fund working capital for general corporate purposes; closing is expected on or about October 27, subject to customary closing conditions.
