SciSparc Ltd. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K filing by SciSparc Ltd., a foreign private issuer based in Tel Aviv, Israel, covers the month of July 2025. The report primarily addresses a corporate action: a one-for-twenty-one reverse share split of its ordinary shares, which was effected on July 3, 2025.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document serves as a vehicle to incorporate revised audited consolidated financial statements for the year ended December 31, 2024, which have been restated to reflect the reverse share split. These revised statements are attached as Exhibit 99.1.
Material Changes
The material change disclosed is the revision of Note 1(d) in the audited consolidated financial statements for the year ended December 31, 2024, to account for the one-for-twenty-one reverse share split. The independent registered public accounting firm, Kost Forer Gabbay & Kasierer (a member of EY Global), has issued a consent to the use of their report regarding these revised statements, dated July 8, 2025, for the specific note revision.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, forward-looking guidance, outlook, or specific risk factors. The document focuses on the procedural update of financial statements and the incorporation of this report by reference into various registration statements on Forms F-3 and S-8.
Investor Verification Checklist
- Verify the details of the one-for-twenty-one reverse share split effected on July 3, 2025.
- Review Exhibit 99.1 for the full Revised Audited Consolidated Financial Statements for the year ended December 31, 2024.
- Confirm the updated share count and par value status (no par value) post-split.
- Check the consent letter from Kost Forer Gabbay & Kasierer (Exhibit 99.2) for any qualifications regarding the revised statements.