secwatch.observer — SEC 8-K summary
======================================

Issuer:     FIREFLY NEUROSCIENCE, INC. (AIFF)
CIK:        0000803578
Form:       8-K
Filed at:   2024-12-23T23:59:59+00:00
Accession:  0001213900-24-111922
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 3.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Firefly raises up to $12.4M via convertible note and ELOC; CMO resigns
----------------------------------------------------------------------

- $2.4M convertible note with Helena Special Opportunities at $3.00/share; net proceeds $2.04M after OID.
- Warrant issued to Helena for 800k shares at $4.00 exercise price.
- $10M ELOC with Arena at 88% of VWAP; 36-month term; $300k commitment fee.
- CMO Samer Kaba resigned effective Dec 20, no disagreement over policies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/803578/000121390024111922/0001213900-24-111922-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/803578/000121390024111922/ea0225765-8k_firefly.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-111922

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer