Mr. Anoosh Manzoori reports

SPARC AI ANNOUNCES PRIVATE PLACEMENT

Sparc AI Inc. intends to complete a private placement for gross proceeds of up to $250,000 through the issuance of up to 2,222,222 shares at a price of 11.25 cents per share.

All securities issued in respect of the private placement will be subject to a hold period of four months and a day from closing of the private placement in accordance with securities laws. The proceeds from the private placement will be used for working capital and the development of a mobile application and microchip with embedded Sparc AI patented code and algorithms.

The development will take approximately four months to complete and will result in the company launching powerful products for security, surveillance, search and rescue, and reconnaissance activities.

No finders' fees and commissions are payable for this private placement.

The launch of the Sparc AI microchip and mobile application marks a transformative turnaround for the company. The company will make further announcements providing updates on the development work and video demonstrations of the products at an official launch early next year.

We seek Safe Harbor.