debt
confidence high
sentiment negative
materiality 0.60
WaveDancer extends credit line maturity to July 16, 2024 with $200k principal paydown
FIREFLY NEUROSCIENCE, INC.
- Executed Change of Terms on $1M line (currently $500k outstanding) extending maturity from May 16 to July 16, 2024.
- Immediate $100k principal curtailment plus $2,500 fee at signing; additional $100k due by June 28, 2024 with $4,000 fee.
- Borrowers released all claims against Lender related to the loan documents.
- Loan terms otherwise unchanged; prior $500k balance reduced to $400k after both curtailments.