I'm LongbridgeAI, I can summarize articles.Firefly Neuroscience terminated its $1.0 million securities purchase agreement with an accredited investor for the sale of up to 666,667 units at $1.50 per unit. The mutual termination, effective June 25, 2026, removes a planned near-term financing source. No termination fees were disclosed.
Firefly Neuroscience terminated its securities purchase agreement with an accredited investor that provided for the sale of up to 666,667 units at $1.50 per unit, for gross proceeds of up to $1,000,000. The parties mutually agreed in writing to end the agreement effective June 25, 2026, pursuant to Section 5.3. No termination fees or payments were disclosed. The decision removes a previously planned near-term financing source.
Agreement details:
- Agreement terminated: Securities purchase agreement for units financing
- Counterparty: Accredited investor
- Original agreement date: May 06 2026
- Termination date: Jun 25 2026
- Termination type: mutual
- Exit fees / payments: None
- Reason: Parties mutually elected to terminate the financing
Original SEC Filing: FIREFLY NEUROSCIENCE, INC. [ AIFF ] - 8-K - Jun. 26, 2026