Brief: SciSparc Enters Into Non-Binding To Sell 50% Interest In Its Subsidiary

Nexera Technologies

14/12/2022 14:59

Dec 14 (Reuters) - SciSparc Ltd  SPRC.O :
    * SCISPARC ENTERS INTO NON-BINDING LETTER OF INTENT TO SELL
A 50%
INTEREST IN ITS SUBSIDIARY THAT OWNS AN AMAZON TOP SELLER BRAND
    * SCISPARC LTD - SALE OF 50% INTEREST IN UNIT FOR $3 MILLION
IN
CASH OR A COMBINATION OF CASH AND ORDINARY SHARES OF JEFFS'
BRANDS, AS AGREED BY PARTIES
    * SCISPARC LTD - NON-BINDING LETTER OF INTENT FOR SALE OF A
50%
INTEREST IN SCISPARC NUTRACEUTICALS INC. TO JEFFS' BRANDS LTD
    * SCISPARC LTD - SALE IS SUBJECT TO NEGOTIATION AND
EXECUTION OF A
BINDING DEFINITIVE AGREEMENT

Source text for Eikon:  ID:nGNX49Rj7r 
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