secwatch.observer — SEC 8-K summary
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Issuer:     FIREFLY NEUROSCIENCE, INC. (AIFF)
CIK:        0000803578
Form:       8-K
Filed at:   2024-08-20T23:59:59+00:00
Accession:  0001437749-24-027274
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Firefly Neuroscience appoints David Johnson as Executive Chairman, grants 5% restricted stock award
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- David Johnson appointed Executive Chairman; monthly salary of $12,500 ($150,000 annual).
- Johnson receives initial restricted stock grant equal to 5% of fully diluted common stock.
- Stella Vnook appointed to Board; succeeds DeCaprio on Audit, Menawat on Nominating, replaces Posner as Chair of Nominating.
- Board classified into three classes: Class I (Lipschitz, DeCaprio, Olsen), Class II (Posner, Vnook), Class III (Johnson, Menawat).
- Johnson eligible for one-time performance bonus up to $150k based on gross capital proceeds from a successful financing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/803578/000143774924027274/0001437749-24-027274-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/803578/000143774924027274/wavd20240819_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-027274

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