SciSparc Advances Toward Strategic Merger with AutoMax, Bolstering Automotive Operations

SciSparc has moved closer to completing a strategic merger with AutoMax Motors, following shareholder approvals from both companies. The merger will see SciSparc fully acquire AutoMax, growing its market presence in the automotive sector. SciSparc's financial health reveals a decline in revenue growth, unprofitability, and a risk of bankruptcy. The company's valuation metrics, including a low P/S and P/B ratio, suggest a relatively low market value.