SciSparc Ltd., a foreign private issuer, has announced the postponement of its Annual General Meeting (AGM) originally scheduled for October 1, 2024. The rescheduled meeting is now set for October 22, 2024. The record date for determining shareholders eligible to vote at the AGM remains August 27, 2024. The company has also issued a supplemental proxy statement, which includes a new Proposal No. 7 for the agenda. This proposal seeks shareholder approval for a reverse share split of the company's issued and outstanding ordinary shares at a ratio of up to 1:30. The reverse split aims to comply with Nasdaq's minimum bid price requirement, as SciSparc received a notice from Nasdaq on July 16, 2024, regarding non-compliance with the $1.00 minimum bid price rule. The board believes the reverse split will make the shares more attractive to investors and increase their market price. The supplemental proxy statement and amended proxy card for the AGM are incorporated by reference into the company's registration statements filed with the SEC.

SciSparc Ltd., a foreign private issuer, has announced the postponement of its Annual General Meeting (AGM) originally scheduled for October 1, 2024. The rescheduled meeting is now set for October 22, 2024. The record date for determining shareholders eligible to vote at the AGM remains August 27, 2024. The company has also issued a supplemental proxy statement, which includes a new Proposal No. 7 for the agenda. This proposal seeks shareholder approval for a reverse share split of the company's issued and outstanding ordinary shares at a ratio of up to 1:30. The reverse split aims to comply with Nasdaq's minimum bid price requirement, as SciSparc received a notice from Nasdaq on July 16, 2024, regarding non-compliance with the $1.00 minimum bid price rule. The board believes the reverse split will make the shares more attractive to investors and increase their market price. The supplemental proxy statement and amended proxy card for the AGM are incorporated by reference into the company's registration statements filed with the SEC.