InvestmentApr 22, 2026, 04:32 PM
Firefly Neuroscience Raises $8M in Additional Closing of Unit Sale
AI Summary
Firefly Neuroscience, Inc. completed an additional closing of its Securities Purchase Agreement, raising $8,000,000. The company issued 5,333,333 units to an accredited investor at a price of $1.50 per unit, consistent with the terms disclosed in a prior filing. Concurrently, an Amended and Restated Lock-Up Agreement was executed, restricting the transfer of Lock-Up Securities until May 16, 2026.
Key Highlights
- Raised $8,000,000 in an additional closing of unit sale.
- Issued 5,333,333 units to an accredited investor.
- Units were sold at a purchase price of $1.50 per unit.
- Lock-up period for transferred securities ends on May 16, 2026.
Price Impact
More from AIFF