SciSparc (SPRC, Financial) has announced a reverse share split at a ratio of one-for-twenty-one, set to take effect when the market opens on July 3. This corporate action, which impacts the company's issued and outstanding ordinary shares, aims to adjust the share structure while maintaining the existing trading symbol "SPRC" on the Nasdaq Capital Market.
Shareholders approved this move during the Annual General Meeting held on October 23, 2024, granting the board the discretion to execute the split within authorized parameters. Following the split, the shares will adopt a new CUSIP number, M82618121, as they commence trading on a split-adjusted basis.
