Scisparc Ltd. has announced the issuance of a convertible promissory note as part of a debt offering under a Securities Purchase Agreement with an institutional investor. On February 12, 2026, the company issued an initial note with a principal amount of $2,500,000 for a purchase price of $2,250,000. The agreement allows for the issuance and sale of additional convertible promissory notes up to an aggregate principal amount of $10,000,000. Proceeds from this offering will be used for working capital and general corporate purposes. The company plans to file a registration statement with the SEC to register the resale of ordinary shares issuable upon conversion of the notes and exercise of related warrants.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scisparc Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-015553), on February 12, 2026, and is solely responsible for the information contained therein.