---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-026083"
form_type: "8-K"
ticker: "AIFF"
cik: "0000803578"
company_name: "FIREFLY NEUROSCIENCE, INC."
filed_at: "2024-08-12T23:59:59+00:00"
generated_at: "2026-05-31T10:14:29.226393+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# WaveDancer completes merger with Firefly Neuroscience, changes name to Firefly Neuroscience, Inc., ticker to AIFF

## Summary
- Merger closed Aug 12, 2024; Firefly becomes wholly owned sub; former Firefly stockholders own ~92% of combined company, WaveDancer stockholders ~8%.
- Reverse stock split 1-for-3 effective Aug 12; shares reduced from 2,013,180 to ~671,060 pre-merger; combined shares outstanding 7,870,251.
- Private placement closed simultaneously, raising $3.5M gross proceeds from institutional investors (2,639,517 shares + warrants at $1.326/share).
- New board appointed: Dave DeCaprio, Jon Olsen, Greg Lipschitz, Arun Menawat, Brian Posner; Posner chairs all three committees.
- Tellenger subsidiary sold for $1.5M cash (less credit facility balance) to Wavetop Solutions, closing simultaneous with merger.

## SEC filing metadata
- accession: 0001437749-24-026083
- form_type: 8-K
- ticker: AIFF
- cik: 0000803578
- company_name: FIREFLY NEUROSCIENCE, INC.
- filed_at: 2024-08-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 9.01, 4.01, 3.01, 3.02, 3.03, 5.01, 5.02, 5.03, 5.05, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/803578/000143774924026083/0001437749-24-026083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/803578/000143774924026083/wavd20240808_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-026083
- JSON: https://secwatch.observer/filing/0001437749-24-026083.json
- Plain text: https://secwatch.observer/filing/0001437749-24-026083.txt

## Key facts
- Executive change
  Brian Posner was appointed as Director at FIREFLY NEUROSCIENCE, INC..
  - Action: appointed
  - Role: Director
  source text: with David DeCaprio, Jon Olsen, Greg Lipschitz and Brian Posner to serve on the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/803578/000143774924026083/0001437749-24-026083-index.htm
- Executive change
  Bonnie K. Wachtel resigned as Director at FIREFLY NEUROSCIENCE, INC..
  - Action: resigned
  - Role: Director
  source text: each of G. James Benoit, Jr., Jack L. Johnson, Jr., William H. Pickle, Paul B. Becker, James C. DiPaula, Jr. and Bonnie K. Wachtel resigned as members of the WaveDancer Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/803578/000143774924026083/0001437749-24-026083-index.htm
- Executive change
  Jack L. Johnson, Jr. resigned as Director at FIREFLY NEUROSCIENCE, INC..
  - Action: resigned
  - Role: Director
  source text: each of G. James Benoit, Jr., Jack L. Johnson, Jr., William H. Pickle, Paul B. Becker, James C. DiPaula, Jr. and Bonnie K. Wachtel resigned as members of the WaveDancer Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/803578/000143774924026083/0001437749-24-026083-index.htm
- Executive change
  William H. Pickle resigned as Director at FIREFLY NEUROSCIENCE, INC..
  - Action: resigned
  - Role: Director
  source text: each of G. James Benoit, Jr., Jack L. Johnson, Jr., William H. Pickle, Paul B. Becker, James C. DiPaula, Jr. and Bonnie K. Wachtel resigned as members of the WaveDancer Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/803578/000143774924026083/0001437749-24-026083-index.htm
- Executive change
  Jon Olsen was appointed as Director at FIREFLY NEUROSCIENCE, INC..
  - Action: appointed
  - Role: Director
  source text: with David DeCaprio, Jon Olsen, Greg Lipschitz and Brian Posner to serve on the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/803578/000143774924026083/0001437749-24-026083-index.htm
- Executive change
  Paul B. Becker resigned as Director at FIREFLY NEUROSCIENCE, INC..
  - Action: resigned
  - Role: Director
  source text: each of G. James Benoit, Jr., Jack L. Johnson, Jr., William H. Pickle, Paul B. Becker, James C. DiPaula, Jr. and Bonnie K. Wachtel resigned as members of the WaveDancer Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/803578/000143774924026083/0001437749-24-026083-index.htm
- Executive change
  James C. DiPaula, Jr. resigned as Director at FIREFLY NEUROSCIENCE, INC..
  - Action: resigned
  - Role: Director
  source text: each of G. James Benoit, Jr., Jack L. Johnson, Jr., William H. Pickle, Paul B. Becker, James C. DiPaula, Jr. and Bonnie K. Wachtel resigned as members of the WaveDancer Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/803578/000143774924026083/0001437749-24-026083-index.htm
- Executive change
  G. James Benoit, Jr. resigned as Director at FIREFLY NEUROSCIENCE, INC..
  - Action: resigned
  - Role: Director
  source text: each of G. James Benoit, Jr., Jack L. Johnson, Jr., William H. Pickle, Paul B. Becker, James C. DiPaula, Jr. and Bonnie K. Wachtel resigned as members of the WaveDancer Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/803578/000143774924026083/0001437749-24-026083-index.htm
- Executive change
  Greg Lipschitz was appointed as Director at FIREFLY NEUROSCIENCE, INC..
  - Action: appointed
  - Role: Director
  source text: with David DeCaprio, Jon Olsen, Greg Lipschitz and Brian Posner to serve on the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/803578/000143774924026083/0001437749-24-026083-index.htm
- Executive change
  David DeCaprio was appointed as Director at FIREFLY NEUROSCIENCE, INC..
  - Action: appointed
  - Role: Director
  source text: with David DeCaprio, Jon Olsen, Greg Lipschitz and Brian Posner to serve on the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/803578/000143774924026083/0001437749-24-026083-index.htm
- M&A Transactions
  FIREFLY NEUROSCIENCE, INC. underwent a change of control involving Firefly Neuroscience, Inc. (closed 2024-08-12).
  - Action: change of control
  - Counterparty: Firefly Neuroscience, Inc.
  - Closing: 2024-08-12
  source text: As a result of the consummation of the Merger, a change of control of WaveDancer occurred, and the stockholders of WaveDancer immediately prior to the Closing held approximate 8% of the outstanding shares of New Firefly Common Stock immediately following the Closing.
  evidence_url: https://www.sec.gov/Archives/edgar/data/803578/000143774924026083/0001437749-24-026083-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
