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SciSparc | 6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]

SciSparc | 6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]

SciSparc | 6-K:外国发行人报告
美股SEC公告 ·  2024/09/26 21:22

Moomoo AI 已提取核心信息

SciSparc Ltd. has signed a non-binding letter of intent to divest its 52.73% ownership stake in MitoCareX Bio Ltd. to a US-listed company. The transaction will occur in two phases: first, a $700,000 cash payment for 27% ownership, followed by share-based compensation for the remaining 73% stake, valuing MitoCareX at $5 million.The deal includes potential milestone-based payments that could increase the total consideration from $5 million to $7 million. The proposed valuation represents a 47% increase from SciSparc's initial $3.4 million investment in MitoCareX, which focuses on developing cancer therapeutics targeting mitochondrial SLC25 protein family.The transaction's final terms remain subject to definitive agreements. Notable governance overlaps exist, with SciSparc's board chairman Amitay Weiss and director Liat Sidi also serving on the purchaser's board.
SciSparc Ltd. has signed a non-binding letter of intent to divest its 52.73% ownership stake in MitoCareX Bio Ltd. to a US-listed company. The transaction will occur in two phases: first, a $700,000 cash payment for 27% ownership, followed by share-based compensation for the remaining 73% stake, valuing MitoCareX at $5 million.The deal includes potential milestone-based payments that could increase the total consideration from $5 million to $7 million. The proposed valuation represents a 47% increase from SciSparc's initial $3.4 million investment in MitoCareX, which focuses on developing cancer therapeutics targeting mitochondrial SLC25 protein family.The transaction's final terms remain subject to definitive agreements. Notable governance overlaps exist, with SciSparc's board chairman Amitay Weiss and director Liat Sidi also serving on the purchaser's board.
SciSparc有限公司已签署一份非约束性的意向书,计划将其在MitoCareX Bio有限公司52.73%的股权出售给一家美国上市公司。该交易将分两个阶段进行:首先支付70万美元现金以获得27%股权,然后通过基于股份的补偿获得剩余73%的股份,使MitoCareX的估值达到500万美元。该交易包括潜在的里程碑支付,这可能将总对价从500万美元提高到700万美元。建议的估值较SciSparc最初在MitoCareX投资的340万美元提高了47%,后者专注于开发针对线粒体SLC25蛋白家族的癌症治疗药物。该交易的最终条款仍需依赖于最终协议的确定。值得注意的是,SciSparc董事会主席Amitay Weiss和董事Liat Sidi也在买方的董事会任职,存在显著的治理重叠。
SciSparc有限公司已签署一份非约束性的意向书,计划将其在MitoCareX Bio有限公司52.73%的股权出售给一家美国上市公司。该交易将分两个阶段进行:首先支付70万美元现金以获得27%股权,然后通过基于股份的补偿获得剩余73%的股份,使MitoCareX的估值达到500万美元。该交易包括潜在的里程碑支付,这可能将总对价从500万美元提高到700万美元。建议的估值较SciSparc最初在MitoCareX投资的340万美元提高了47%,后者专注于开发针对线粒体SLC25蛋白家族的癌症治疗药物。该交易的最终条款仍需依赖于最终协议的确定。值得注意的是,SciSparc董事会主席Amitay Weiss和董事Liat Sidi也在买方的董事会任职,存在显著的治理重叠。
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