Key Highlights

  • SciSparc Ltd. (NASDAQ:SPRC) rose 55.96% to USD 1.70 in early trading on Monday, October 26, 2026, after a shift from cannabinoid drugs to agentic AI, and the company says the plan may not lead to any transaction.
  • Stratum Holdings Corp. (NASDAQ:SRTM) rose 49.90% to USD 0.6450, formerly La Rosa Holdings, after a GPU lease and a non-binding letter of intent to sell its real estate businesses.
  • iPower Inc. (NASDAQ:IPW) traded about 11.9% higher near USD 2.73 on the day of a 1-for-12 reverse split, with a non-binding AI services letter of intent targeting USD 21.90 million as its recent catalyst.
  • The three small companies show an AI label lifting valuations ahead of revenue: each rests on intentions or letters of intent, and the moves range from about 12% to 56%.

SciSparc Ltd. (NASDAQ:SPRC): from cannabinoid drugs to agentic AI

SciSparc Ltd. (NASDAQ:SPRC), a specialty pharmaceutical group developing cannabinoid-based drugs, rose 55.96% to USD 1.70 in early trading on Monday, October 26, 2026. The company has not issued a release dated Monday that explains the move. The most relevant recent news is the strategic shift announced on Thursday, October 15, 2026 and restated on Monday, October 19, 2026, in which the company said it would focus on agentic AI-powered technologies, meaning software that plans and acts with limited human input, including cybersecurity and finance applications. The implied prior close is about USD 1.09.

A change of focus towards a popular theme often draws momentum buyers to small listed companies, because the label can lift a valuation before any revenue exists. SciSparc says it will evaluate technologies, companies and opportunities across the agentic AI ecosystem, which is an intention rather than a transaction. Its existing business sits in NeuroThera Labs Inc., a clinical-stage subsidiary listed on the TSX Venture Exchange under NTLX, which reported positive progress in a Phase IIb Tourette trial on Thursday, October 22, 2026.

The principal risk is that the pivot produces no acquisition, contract or revenue, as the company itself cautions. Shares that rise more than 50% in a session often retrace, and the Annual Report on Form 20-F filed on April 29, 2026 remains the reference for cash and share count.

The move above USD 1.00 does not remove the need to fund both a drug pipeline and a new strategy. Small companies frequently raise capital after sharp rallies, although the company has not announced any offering in its recent releases. Investors should watch for any definitive AI transaction and further NeuroThera trial updates.

Stratum Holdings Corp. (NASDAQ:SRTM): a real estate network swapped for GPUs

Stratum Holdings Corp. (NASDAQ:SRTM) rose 49.90% to USD 0.6450 in early trading on Monday, October 26, 2026, an implied prior close of about USD 0.43. A company release of that day announced a letter of intent with Ocean Power Technologies for a proposed collaboration on offshore renewable-powered data centre assets, the nearest news to the move. Stratum, formerly La Rosa Holdings Corp., changed its name and ticker to reflect a transformation into an AI infrastructure company, announced in the week of Monday, October 12, 2026.

The strategy swaps a low-margin real estate network for compute capacity, meaning graphics processors rented to businesses that train or run AI models. On Thursday, October 1, 2026 the company said it had acquired NVIDIA B300 processors under a long-term lease, and on Monday, October 19, 2026 it signed a non-binding letter of intent to transfer substantially all legacy assets to a buyer subsidiary. Only confidentiality and exclusivity terms are binding, and management targets profitability in 2027.

No price, buyer name, GPU count, cost or revenue has been disclosed. A share price below USD 1.00 raises the possibility of a minimum bid deficiency notice, and a private placement of USD 200,000 of preferred stock points to a limited funding base.

Closing of the real estate sale depends on due diligence, a definitive purchase agreement, regulatory and third-party approvals and the release of liens and debt on the acquired businesses. Low-priced stocks that rise about 50% in a session are prone to sharp reversals, so a definitive agreement and customer contracts for the GPUs are the next tests.

iPower Inc. (NASDAQ:IPW): an AI services letter on a reverse split day

iPower Inc. (NASDAQ:IPW), a company known for online hydroponics and home and garden supplies, announced on Thursday, October 22, 2026 a 1-for-12 reverse stock split, dated for Monday, October 26, 2026. The shares were up about 11.9% near USD 2.73 in early trading, which corresponds to about USD 0.23 on the old basis. The company has not issued a separate release explaining the move beyond the split, and the percentage may partly reflect split adjustment by market data providers.

A week earlier, on Thursday, October 15, 2026, the company announced a five-year services letter of intent targeting USD 21.90 million in potential annualised services, tied to a new AI direction. A figure of that size would be large relative to a micro cap, but a letter of intent is non-binding, so revenue from it is not assured. A reverse split does not change the value of a holding, and fewer shares usually mean a smaller float and wider swings.

Tariffs and consumer demand have pressured margins for importers of home and garden products, and post-split trading is often weaker when dilution or low liquidity returns. Investors should watch for a definitive agreement on the services contract, any financing that follows the split and the next quarterly report, for which the company has yet to give a date.

Where Things Stand

The answer is that the three companies rallied because an AI label is being priced ahead of any contract. SciSparc Ltd. (NASDAQ:SPRC) rose 55.96% on a strategy change with no assured transaction, Stratum Holdings Corp. (NASDAQ:SRTM) rose 49.90% on a GPU lease and letters of intent with no disclosed terms, and iPower Inc. (NASDAQ:IPW) rose about 11.9% on a split day with a USD 21.90 million letter of intent not yet a contract. The next catalysts are a definitive AI transaction at SciSparc, a definitive asset sale and GPU customer contracts at Stratum, a services agreement at iPower and the Fed decision on Wednesday, October 28, 2026. Share prices of small companies can reverse quickly, and this is not investment advice.