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SciSparc Ltd. (SPRC) witnessed a remarkable jump in its stock value during after-hours trading, propelled by an unexpected court intervention in its merger plans. The Jerusalem District Court's decision to temporarily pause the integration with AutoMax Motors Ltd. sent ripples through the market, leading to a substantial increase in SciSparc's share price.

Court-Ordered Pause in SciSparc-AutoMax Merger

On September 16, 2025, after the close of regular trading hours, SciSparc Ltd. experienced an extraordinary surge in its stock, which rocketed up by 89.13% to reach $3.48 per share. This dramatic financial movement was triggered by an announcement regarding its planned merger with AutoMax Motors Ltd. According to a filing with the SEC, the Jerusalem District Court granted AutoMax's request to delay the merger proceedings until September 30. AutoMax, a company specializing in automotive solutions, sought this postponement due to identified difficulties in fulfilling the merger's closing conditions and operational challenges that arose following recent business developments. The merger agreement between SciSparc and AutoMax was initially signed on April 10, 2024, and had undergone subsequent revisions. SciSparc had previously disclosed details about the deal's complexities, including AutoMax's operational hurdles, in a Form 6-K report submitted on September 8.

This event underscores the inherent volatility and rapid response mechanisms of the stock market, particularly in the face of significant corporate actions like mergers and acquisitions. While the immediate aftermath saw a substantial gain for SciSparc, the prolonged uncertainty surrounding the merger's ultimate fate and AutoMax's underlying operational issues could present ongoing challenges. Investors and market watchers are now keenly observing how both companies address these concerns and what impact the extended delay will have on their long-term strategic objectives and stock performance. The case serves as a reminder that legal and operational obstacles can dramatically alter market sentiment, even for events that initially seemed straightforward.