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SciSparc | F-4: Others

SciSparc | F-4: Others

SciSparc | F-4:其他
美股SEC公告 ·  09/26 17:12

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SciSparc Ltd., a clinical-stage pharmaceutical company, has announced a pending merger with AutoMax Motors Ltd., an Israeli vehicle import and marketing firm, on September 26, 2024. The merger, which is awaiting shareholder and court approval, is expected to close in Q4 2024. It will result in AutoMax shareholders owning roughly 49.99% of the combined entity, while SciSparc's shareholders will own about 50.01%. The board of SciSparc has given unanimous support to the agreement, advising shareholders to vote for the merger. AutoMax has secured a tax ruling in Israel that could postpone capital gains tax for its shareholders. However, the merger faces risks, including the potential non-realization of anticipated benefits and the impact of the ongoing conflict between Israel and Hamas. SciSparc has a history of not paying dividends and does not plan to pay any in the near future. The merger is a significant move for both companies and carries various tax implications for shareholders.
SciSparc Ltd., a clinical-stage pharmaceutical company, has announced a pending merger with AutoMax Motors Ltd., an Israeli vehicle import and marketing firm, on September 26, 2024. The merger, which is awaiting shareholder and court approval, is expected to close in Q4 2024. It will result in AutoMax shareholders owning roughly 49.99% of the combined entity, while SciSparc's shareholders will own about 50.01%. The board of SciSparc has given unanimous support to the agreement, advising shareholders to vote for the merger. AutoMax has secured a tax ruling in Israel that could postpone capital gains tax for its shareholders. However, the merger faces risks, including the potential non-realization of anticipated benefits and the impact of the ongoing conflict between Israel and Hamas. SciSparc has a history of not paying dividends and does not plan to pay any in the near future. The merger is a significant move for both companies and carries various tax implications for shareholders.
SciSparc Ltd.,一家處於臨床階段的藥品公司,已宣佈將於2024年9月26日與以色列車輛進口和營銷公司AutoMax Motors Ltd.進行即將完成的合併。該合併正在等待股東和法院批准,預計將於2024年第四季度完成。AutoMax股東將擁有合併實體約49.99%的股份,而SciSparc的股東將擁有約50.01%。 SciSparc董事會一致支持該協議,並建議股東投票贊成合併。 AutoMax已在以色列獲得一項稅收裁決,可以推遲其股東的資本利得稅。然而,該合併面臨風險,包括潛在的預期收益未能實現以及以色列與哈馬斯之間持續衝突的影響。 SciSparc以往並未分紅,也沒有計劃在近期支付任何分紅派息。該合併對於雙方公司來說是一項重要舉措,並對股東帶來各種稅收影響。
SciSparc Ltd.,一家處於臨床階段的藥品公司,已宣佈將於2024年9月26日與以色列車輛進口和營銷公司AutoMax Motors Ltd.進行即將完成的合併。該合併正在等待股東和法院批准,預計將於2024年第四季度完成。AutoMax股東將擁有合併實體約49.99%的股份,而SciSparc的股東將擁有約50.01%。 SciSparc董事會一致支持該協議,並建議股東投票贊成合併。 AutoMax已在以色列獲得一項稅收裁決,可以推遲其股東的資本利得稅。然而,該合併面臨風險,包括潛在的預期收益未能實現以及以色列與哈馬斯之間持續衝突的影響。 SciSparc以往並未分紅,也沒有計劃在近期支付任何分紅派息。該合併對於雙方公司來說是一項重要舉措,並對股東帶來各種稅收影響。
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