SciSparc Provides Updates on Status of Spin-off of its Advanced Clinical Stage Pharmaceutical Portfolio to a Publicly Traded Company
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SciSparc is progressing with the spin-off of its advanced clinical stage pharmaceutical portfolio into a publicly traded company. The pharmaceutical assets are valued at approximately $11.6 million.
December 16, 2024 | 1:00 pm
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SciSparc is spinning off its pharmaceutical portfolio, valued at $11.6 million, into a publicly traded company. This move could unlock value for shareholders.
The spin-off of SciSparc's pharmaceutical assets into a publicly traded company is likely to unlock value for shareholders, as it allows the market to directly value these assets. The valuation of $11.6 million provides a concrete figure for investors to assess the potential impact on SciSparc's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100