SciSparc Makes Another Step Towards Unlocking Potential Value Appoints New Strategy And Business Development VP

As part of the Company's corporate restructuring plan, Mr. Yaki Baranes will facilitate identifying new business opportunities TEL AVIV, Israel, May 30, 2023 (GLOBE NEWSWIRE) — SciSparc Ltd. (NASDAQ:SPRC)

As part of the Company’s corporate restructuring plan, Mr. Yaki Baranes will facilitate identifying new business opportunities

TEL AVIV, Israel, May 30, 2023 (GLOBE NEWSWIRE) — SciSparc Ltd. (NASDAQ:SPRC) (“Company” or “SciSparc”), a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders of the central nervous system, today announced that as part of its restructuring plans to unlock value for shareholders, it has appointed a new Vice President of Strategy and Business Development, Mr. Yaki Baranes, to structure business strategies and facilitate identifying new business opportunities.

Mr. Baranes is a business strategy expert with a demonstrated 13 years of history working with various industries and government entities, skilled in business strategy planning and implementation on a corporate level and business unit level. Mr. Baranes acted as a Consulting Manager at Frost and Sullivan, a top global consulting and research company. He was Partner and Head of Strategy and Management Consulting Services at Baker Tilly for five years and served as Chairman of Global Strategy Baker Tilly International, the global top 10 advisory and accounting firm. In addition, Mr. Baranes works with start-up companies in shaping their business plans and supporting their capital raising rounds as well as identifying new business opportunities. Mr. Baranes holds a Bachelor of Arts (B.A.) in Economics from the Technion – Israel Institute of Technology and an MBA from Reichman University, Israel.

In January 2023, the Company announced that its board of directors has resolved to pursue a restructuring plan which involves exploring new opportunities, 

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