secwatch.observer — SEC 8-K summary
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Issuer:     FIREFLY NEUROSCIENCE, INC. (AIFF)
CIK:        0000803578
Form:       8-K
Filed at:   2025-12-19T23:59:59+00:00
Accession:  0001213900-25-123943
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Firefly exchanges June 2025 warrants for new $0.50 warrants, expects $400K proceeds
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- Cancels 800,000 warrants at $3.50/$4.00 strikes; issues new warrants for 800,000 shares at $0.50.
- Investors agree to exercise new warrants within 10 business days, subject to 9.99% ownership cap.
- Full exercise would yield ~$400,000 gross proceeds for working capital and general corporate purposes.
- Exchange conducted under Section 3(a)(9) exemption; warrants deemed issued at original grant date.
- Counterparties: Roxy Capital Corporation (500,000 warrants) and RJL18 Capital GP LLC (300,000 warrants).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/803578/000121390025123943/0001213900-25-123943-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/803578/000121390025123943/ea0269920-8k_firefly.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-123943

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