---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-012945"
form_type: "8-K"
ticker: "AIFF"
cik: "0000803578"
company_name: "FIREFLY NEUROSCIENCE, INC."
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T07:38:09.677203+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Firefly Neuroscience names David DeCaprio President & COO; settles McLean dispute, issues shares to warrant holders

## Summary
- David DeCaprio appointed President and COO effective April 18, 2025; receives $250k base salary, bonus up to 50%, and RSU award of 263,952 shares.
- Settlement with Ian McLean resolves Ontario litigation; Firefly issues 21,000 common shares to 1128526 Alberta Ltd. under private placement.
- Firefly issues 122,407 shares to BPY Limited and 217,593 shares to Nomis Bay Ltd. as inducement for prior warrant exercise.
- CEO Greg Lipschitz granted 395,927 RSUs under 2024 LTIP; half vest monthly over 3 years, half tied to performance targets.
- Arun Menawat appointed to board committees replacing DeCaprio: Compensation (chair), Audit, Nominating and Governance.

## SEC filing metadata
- accession: 0001437749-25-012945
- form_type: 8-K
- ticker: AIFF
- cik: 0000803578
- company_name: FIREFLY NEUROSCIENCE, INC.
- filed_at: 2025-04-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/803578/000143774925012945/0001437749-25-012945-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/803578/000143774925012945/wavd20250424_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-012945
- JSON: https://secwatch.observer/filing/0001437749-25-012945.json
- Plain text: https://secwatch.observer/filing/0001437749-25-012945.txt

## Key facts
- Executive change
  David DeCaprio was appointed as President and Chief Operating Officer at FIREFLY NEUROSCIENCE, INC..
  - Action: appointed
  - Role: President and Chief Operating Officer
  source text: On April 18, 2025, the Board of Directors (the “Board”) of Firefly Neuroscience, Inc. (the “Company”) appointed David DeCaprio (“DeCaprio”) as the President and Chief Operating Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/803578/000143774925012945/0001437749-25-012945-index.htm

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