SEC Declares Form S-4 Registration Statement Effective For Proposed Merger Of WaveDancer And Firefly Neuroscience; WaveDancer Will Hold A Special Meeting Of Its Stockholders To Approve The Proposed Merger On March 14, 2024, At 10:00 a.m. ET
Portfolio Pulse from Benzinga Newsdesk
The SEC has declared the Form S-4 Registration Statement for the proposed merger between WaveDancer, Inc. (NASDAQ:WAVD) and Firefly Neuroscience, Inc. effective. WaveDancer will hold a special stockholder meeting on March 14, 2024, to approve the merger. The merger aims to bring Firefly's FDA-cleared, AI-developed Brain Network Analytics platform to the Nasdaq, potentially improving outcomes for mental illness and cognitive disorder treatments and increasing value for both companies' stockholders.
February 06, 2024 | 3:06 pm
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WaveDancer, Inc.'s proposed merger with Firefly Neuroscience has been approved by the SEC, with a stockholder meeting scheduled for March 14, 2024, to finalize the merger. This merger is expected to enhance WaveDancer's offerings and potentially increase stockholder value.
The SEC's approval of the merger and the scheduling of a stockholder meeting to approve the merger are significant steps forward for WaveDancer. The merger's focus on enhancing mental health outcomes through Firefly's AI-developed platform could lead to increased demand for WaveDancer's stock, as investors may anticipate growth in the company's value from the expanded market reach and innovative solutions.
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