Welcome to our dedicated page for WaveDancer news (Ticker: WAVD), a resource for investors and traders seeking the latest updates and insights on WaveDancer stock.
WaveDancer, Inc. (NASDAQ: WAVD) is a leading provider of zero trust software solutions, specializing in secure supply chain management and cutting-edge IT network security. Formerly known as Information Analysis Inc., WaveDancer plays a pivotal role in developing and maintaining advanced information technology systems. The company excels in modernizing client information systems and offers a wide range of professional services to both government and commercial organizations.
WaveDancer operates through two primary segments: The Tellenger Segment and The Blockchain SCM Segment. The Tellenger Segment focuses on providing essential professional services to government agencies, including legacy software migration and modernization. This segment also develops web-based and mobile solutions, creates dynamic electronic forms, and offers data analytics services.
The Blockchain SCM Segment is an early-stage business that aims to revolutionize supply chain management through its innovative SaaS platform built on blockchain technology. This segment is dedicated to developing, marketing, and selling its advanced supply chain management platform, enhancing security and efficiency for its clients.
Recent noteworthy achievements include a transformative merger, positioning WaveDancer to create a NASDAQ-listed, commercial-stage AI-enabled medical technology company. This merger aims to bring the FDA-cleared Brain Network Analytics platform to the NASDAQ Capital Markets, marking a significant milestone in the company's growth trajectory. Progress towards closing this merger, anticipated in the second quarter of 2024, reflects WaveDancer's commitment to innovation and strategic expansion.
WaveDancer continues to be listed on the Nasdaq Capital Market, reinforcing its reputation as a professional services powerhouse. Investors and interested parties can contact CFO Tim Hannon for further inquiries at investors@wavedancer.com.
WaveDancer (Nasdaq: WAVD) announced a 1-for-3 reverse stock split effective August 12, 2024, with trading on a split-adjusted basis starting August 13, 2024. The company will also change its name to Firefly Neuroscience, Inc. and trade under the symbol AIFF. This move will reduce outstanding shares from 2,013,180 to approximately 671,060. The split affects all stockholders uniformly, with fractional shares rounded up. Proportional adjustments will be made to equity awards, convertible preferred stock, and warrants. Post-merger, the total shares outstanding will be approximately 7,900,000.
Firefly Neuroscience, an AI-driven brain health company, has announced the appointment of Brian S. Posner to its board of directors following its planned merger with WaveDancer. The merger agreement has been approved by both companies' stockholders, and final closing conditions are being met. Posner brings 35 years of management experience, particularly in capital markets and corporate governance. He has previously served as CFO at multiple life science and technology firms, including electroCore and Cellectar Biosciences. CEO Jon Olsen believes Posner's expertise will significantly benefit Firefly's future growth.
Firefly Neuroscience, an AI-driven company specializing in mental health and neurological disorder solutions, has appointed David Johnson as Executive Chairman. This comes as the company finalizes its merger with WaveDancer (NASDAQ: WAVD). Johnson brings over three decades of healthcare and public company experience, having held leadership roles at Enveric Biosciences, Alliqua BioMedical, and ConvaTec. Firefly aims to leverage Johnson's expertise to drive growth and innovation. Both companies have received stockholder approval and are working towards meeting the final closing conditions of the merger agreement.
FAQ
What is the current stock price of WaveDancer (WAVD)?
What is the market cap of WaveDancer (WAVD)?
What does WaveDancer, Inc. specialize in?
What are the main segments of WaveDancer?
What recent achievements has WaveDancer made?
When is the expected closing date for the WaveDancer/Firefly merger?
Who can investors contact for more information?
What services does the Tellenger Segment offer?
What technology does the Blockchain SCM Segment utilize?
What is the focus of the new AI-enabled company formed by the merger?
Where is WaveDancer listed?
What is the purpose of the Brain Network Analytics platform?
