other material
confidence high
sentiment neutral
materiality 0.50
Firefly Neuroscience enters ATM equity facility for up to $7.4M; amends CTO bonus
FIREFLY NEUROSCIENCE, INC.
- ATM agreement with Konik Capital Partners allows sale of up to $7,434,266 of common stock from time to time at 2% commission.
- Proceeds intended for working capital and general corporate purposes; no obligation to sell shares.
- Amended CTO Gil Issachar's employment: auto annual bonus replaced with discretionary bonus up to one month salary.
- Outstanding accrued bonuses of 157,500 NIS as of Dec 31, 2025, to be paid in 24 equal monthly installments.