
SciSparc Ltd (NASDAQ:SPRC) shares are trading sharply higher Wednesday morning after AutoMax Motors Ltd. filed a motion with the Jerusalem District Court in connection with its merger with the company. Here’s what investors need to know.
What To Know: The court granted AutoMax's request to stay the merger proceedings until September 30. AutoMax requested the postponement due to concerns about its ability to meet the closing conditions following recent developments in its business.