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

Issuer:     FIREFLY NEUROSCIENCE, INC. (AIFF)
CIK:        0000803578
Form:       8-K
Filed at:   2024-06-21T23:59:59+00:00
Accession:  0001437749-24-020877
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WaveDancer extends merger with Firefly to July 15; adjusts share count and net cash definitions
--------------------------------------------------------------------------------

- Merger End Date extended to July 15, 2024 with possible 31-day extension to August 15, 2024.
- Company Outstanding Shares now includes shares issuable on conversion of preferred stock and warrants issued at closing for fundraising.
- Parent Outstanding Shares excludes those new shares, limiting dilution for existing WaveDancer holders.
- Parent Net Cash amended to exclude proceeds from securities sold at closing; Minimum Parent Net Cash set to ($200,000) (allows $200K net liabilities).
- Parent Valuation base of $15M unchanged; negative net cash does not affect valuation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/803578/000143774924020877/0001437749-24-020877-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/803578/000143774924020877/wavd20240620_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-020877

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