Wavedancer to be Acquired by Information Analysis Inc.
Ticker: AIFF · Form: 8-K · Filed: Apr 24, 2024 · CIK: 803578
Sentiment: neutral
Topics: acquisition, merger, going-private
TL;DR
Wavedancer is getting bought out by Information Analysis Inc. - going private!
AI Summary
Wavedancer, Inc. announced on April 17, 2024, that it has entered into a definitive agreement to be acquired by Information Analysis Inc. The transaction is expected to close in the second quarter of 2024. This acquisition marks a significant event for Wavedancer, as it transitions from being a public entity.
Why It Matters
This 8-K filing signals the end of Wavedancer's journey as an independent public company, with its acquisition by Information Analysis Inc. expected to be completed soon.
Risk Assessment
Risk Level: medium — The acquisition introduces risks related to deal completion, integration, and potential changes in business strategy.
Key Players & Entities
- WAVEDANCER, INC (company) — Registrant
- Information Analysis Inc (company) — Acquiring entity
- April 17, 2024 (date) — Date of earliest event reported
- 20240424 (date) — Filing date
FAQ
What is the primary purpose of this 8-K filing?
This 8-K filing announces that Wavedancer, Inc. has entered into a definitive agreement to be acquired by Information Analysis Inc.
Who is acquiring Wavedancer, Inc.?
Wavedancer, Inc. is being acquired by Information Analysis Inc.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on April 17, 2024.
What is the expected closing timeframe for the acquisition?
The acquisition is expected to close in the second quarter of 2024.
What was Wavedancer, Inc.'s former name?
Wavedancer, Inc.'s former name was INFORMATION ANALYSIS INC, with a date of name change on 19920703.
Filing Stats: 483 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-04-24 11:37:53
Key Financial Figures
- $0.001 — ch registered Common Stock , par value $0.001 per share WAVD The Nasdaq Stock Mar
Filing Documents
- wavd20240419_8k.htm (8-K) — 25KB
- ex_657000.htm (EX-99.1) — 14KB
- 0001437749-24-012934.txt ( ) — 172KB
- wavd-20240417.xsd (EX-101.SCH) — 3KB
- wavd-20240417_def.xml (EX-101.DEF) — 11KB
- wavd-20240417_lab.xml (EX-101.LAB) — 15KB
- wavd-20240417_pre.xml (EX-101.PRE) — 11KB
- wavd20240419_8k_htm.xml (XML) — 3KB
01
Item 8.01. Other. On April 17, 2024 FireFly Neuroscience, Inc. ("Firefly") issued a press release entitled "FireFly Neuroscience Announces Healthcare Science and AI Industry Leader David DeCaprio to Join Board of Directors". This press release pertains to an addition to the anticipated board of directors of FireFly following the prospective merger between FireFly and WaveDancer, Inc. (the "Company") as more fully described in the prospectus and proxy statement relating to such merger, which merger has been approved by the respective stockholders of the Company and FireFly.
Financial Statements and Exhibits
Financial Statements and Exhibits Exhibit No. Description 99.1 Press release entitled "FireFly Neuroscience Announces Healthcare Science and AI Industry Leader David DeCaprio to Join Board of Directors" dated April 17, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WAVEDANCER, INC. Date: April 24, 2024 By: /s/ G. James Benoit, Jr. G. James Benoit, Jr. Chief Executive Officer