Wavedancer, Inc. Enters Material Definitive Agreement
Ticker: AIFF · Form: 8-K · Filed: Jun 21, 2024 · CIK: 803578
Sentiment: neutral
Topics: material-definitive-agreement
Related Tickers: WAVD
TL;DR
WAVEDANCER (WAVD) signed a big deal, details TBD.
AI Summary
Wavedancer, Inc. announced on June 17, 2024, that it entered into a Material Definitive Agreement. The filing does not provide specific details about the agreement, its terms, or any associated dollar amounts. The company is incorporated in Delaware and its principal executive offices are located in Fairfax, VA.
Why It Matters
This filing indicates a significant new contract or partnership for Wavedancer, Inc., which could impact its future revenue and operations.
Risk Assessment
Risk Level: medium — The lack of specific details in the filing regarding the material definitive agreement introduces uncertainty about its impact on the company.
Key Players & Entities
- WAVEDANCER, INC. (company) — Registrant
- June 17, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- Fairfax, VA (location) — Address of principal executive offices
FAQ
What is the nature of the Material Definitive Agreement entered into by Wavedancer, Inc.?
The filing does not specify the nature of the Material Definitive Agreement.
When did Wavedancer, Inc. enter into this Material Definitive Agreement?
Wavedancer, Inc. entered into the Material Definitive Agreement on June 17, 2024.
Are there any financial terms or dollar amounts associated with this agreement mentioned in the filing?
No, the filing does not disclose any specific financial terms or dollar amounts related to the agreement.
What is Wavedancer, Inc.'s state of incorporation and principal executive office location?
Wavedancer, Inc. is incorporated in Delaware and its principal executive offices are located at 12015 Lee Jackson Memorial Highway, Suite 210, Fairfax, VA 22033.
What is the SEC file number for this Form 8-K filing?
The SEC file number for this Form 8-K filing is 001-41092.
Filing Stats: 865 words · 3 min read · ~3 pages · Grade level 10.3 · Accepted 2024-06-21 06:13:36
Key Financial Figures
- $0.001 — ch registered Common Stock , par value $0.001 per share WAVD The Nasdaq Stock Mar
- $200,000 — rent Net Cash was amended from zero to ($200,000) thereby allowing Parent to have unpaid
Filing Documents
- wavd20240620_8k.htm (8-K) — 30KB
- ex_690909.htm (EX-2.1) — 27KB
- 0001437749-24-020877.txt ( ) — 195KB
- wavd-20240617.xsd (EX-101.SCH) — 3KB
- wavd-20240617_def.xml (EX-101.DEF) — 12KB
- wavd-20240617_lab.xml (EX-101.LAB) — 15KB
- wavd-20240617_pre.xml (EX-101.PRE) — 12KB
- wavd20240620_8k_htm.xml (XML) — 3KB
01
Item 1.01. Entry into a Material Definitive Agreement. As previously announced on November 15, 2023, WaveDancer, Inc. ("Parent") and its wholly owned subsidiary, FFN, Inc ("FFN"). entered into an Agreement and Plan of Merger ("Merger Agreement") with Firefly Neuroscience, Inc. (the "Company"). On January 12, 2024, Parent, FFN and the Company entered into the First Amendment to the Merger Agreement. Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Merger Agreement, as further amended, modified, supplemented and/or restated by the First Amendment and by the Second Amendment (as defined below). On June 17, 2024, Parent, FFN and the Company made and entered into the Second Amendment ("Second Amendment") to the Merger Agreement. The Second Amendment amends the terms and conditions of the Merger Agreement as follows: 1. The End Date (for purposes of establishing when the Merger Agreement is subject to termination) was extended to July 15, 2024 subject to a 31 calendar day extension to August 15, 2024. 2. The definition of Company Outstanding Shares was amended to include shares of common stock issuable upon conversion of shares of preferred stock and upon exercise of warrants which Parent will issue at the Closing. Parent anticipates issuing such shares and warrants in consideration of funds the Company intends to raise to consummate the Merger. Therefore, only Company equity holders will sustain the dilution for such shares for purposes of the equity split under the Merger Agreement between the equity holders of the Company and Parent. 3. The definition of Parent Outstanding Shares was amended to exclude shares of common stock issuable upon conversion of shares of preferred stock and upon exercise of warrants as described above. 4. The definition of Parent Net Cash was amended to exclude any cash proceeds resulting from the sale at the Closing of shares of preferred stock and warrants. 5. The definition of
Financial Statements and Exhibits
Financial Statements and Exhibits Exhibit No. Description 2.1 Second Amendment to Agreement and Plan of Merger by and among WaveDancer, Inc., FFN Merger Sub, Inc., and Firefly Neuroscience, Inc. dated June 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: June 21, 2024 By: /s/ G. James Benoit, Jr. G. James Benoit, Jr. Chief Executive Officer