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N2OFF's 15min chart triggered Bollinger Bands Narrowing, KDJ Death Cross observed.
ByAinvest
Friday, Oct 3, 2025 10:04 am ET1min read
The 15-minute chart for N2OFF indicates a narrowing of Bollinger Bands and a KDJ Death Cross on October 3rd, 2025 at 10:00. This suggests a decrease in the magnitude of stock price fluctuations and a shift in momentum towards the downside, potentially leading to further decreases in the stock price.
SciSparc Ltd. (NASDAQ:SPRC) stock surged 33% on Tuesday following the approval of the proposed acquisition of SciSparc’s majority-owned subsidiary, MitoCareX Bio Ltd., by N2OFF, Inc. (NASDAQ:NITO). This approval was reached during N2OFF’s special meeting on September 25, 2025, marking a significant milestone in the acquisition process.Under the agreement announced on February 25, 2025, N2OFF will purchase 6,622 shares of MitoCareX from SciSparc for $700,000 and exchange the remaining outstanding shares with SciSparc, Dr. Alon Silberman, and Prof. Ciro Leonardo Pierri for N2OFF common stock, representing 40% of N2OFF’s fully diluted capital stock. The sellers will collectively be entitled to 30% of N2OFF’s financing proceeds (capped at $1.6 million) for five years following closing. Additionally, they may receive milestone-based issuances of up to 25% of N2OFF common stock on a fully diluted basis.
N2OFF has committed to financially support MitoCareX’s operations during the first two years post-closing, including an initial $1 million cash investment. The transaction is expected to close in the first half of October 2025, pending satisfaction of remaining conditions.
MitoCareX focuses on developing novel therapies for hard-to-treat cancers by targeting proteins in the mitochondrial SLC25 protein family. The global cancer therapeutics and biotherapeutics market was valued at approximately $194.1 billion in 2024 and is projected to reach $344.1 billion by 2031, according to Coherent Market Insights [1].
Separately, the 15-minute chart for N2OFF indicates a narrowing of Bollinger Bands and a KDJ Death Cross on October 3rd, 2025 at 10:00. This suggests a decrease in the magnitude of stock price fluctuations and a shift in momentum towards the downside, potentially leading to further decreases in the stock price.
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