Scisparc Ltd (SPRC)

Scisparc Ltd. Stock (SPRC) dropped by 8.08% from $6.31 to $5.80 in the trading on Wednesday October 18, 2023. The reason why SPRC stock down today is due to private placement closing. The company recently announced the closing of its previously announced private placement with an institutional investor with gross cash proceeds to the company of approximately $5.026 million, before deducting fees to the placement agent and other offering expenses payable by the Company.