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Firefly Neuroscience ( (AIFF) ) has provided an update.
Firefly Neuroscience, Inc. has entered into a securities purchase agreement with Helena Special Opportunities LLC, raising up to $2.4 million through a private placement of a convertible promissory note, and has also issued a warrant for purchasing common stock. Additionally, the company has secured an equity line of credit agreement with Arena Business Solutions Global SPC II, Ltd, allowing for the purchase of up to $10 million in common stock, with specific terms and conditions to be met. This financing will enhance Firefly Neuroscience’s financial flexibility, potentially impacting its operational capabilities and market position.
More about Firefly Neuroscience
YTD Price Performance: -54.04%
Average Trading Volume: 211,185
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $19.81M
See more data about AIFF stock on TipRanks’ Stock Analysis page.