SciSparc To Buy IP Rights For Endoscopic Systems And Medical Cameras
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SciSparc Ltd. (SPRC) has announced a definitive agreement to acquire patents and intellectual property rights for endoscopic systems and medical cameras from Xylo Technologies Ltd. The company will issue common shares as consideration for the assets. Following the deal's closure, SciSparc plans to commercialize these technologies to enhance market penetration and revenue. In pre-market trading, SPRC shares rose 21.3% to $1.76 on the Nasdaq.
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