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SciSparc shareholders approve proposed merger with AutoMax Motors

SciSparc (SPRC)announced that at adjourned special general meeting of shareholders held on August 26, its shareholders voted on and approved, among others, the proposed merger with AutoMax Motors, a parallel vehicle importer in Israel. The closing of the Merger is subject to customary closing conditions, including shareholder approvals from both companies and Israeli court approval. The special meetings of AutoMax’s shareholders and of AutoMax’s shareholders who are not controlling shareholders or SciSparc, to vote on the approval of the Merger will be held on August 28.

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