SciSparc offers conversion of $2.02 million in debt and accrued interest into shares
SPRC•SciSparc offered L.I.A Pure Capital conversion of $2.02 million in outstanding principal and accrued interest into ordinary shares at $1.50 per share, with closing expected around October 16 and no cash proceeds to the company.
1. Debt conversion offer
SciSparc entered a convertible promissory note conversion agreement with L.I.A Pure Capital on October 15, 2026. The agreement offers conversion of $2.02 million in outstanding principal and accrued interest into ordinary shares at $1.50 per share. Closing is expected on or about October 16, with no cash proceeds to the company.
