Shares of WaveDancer, Inc. (WAVD) are up more than 70 percent on Thursday morning trade on announcement of merger agreement with Firefly Neuroscience in an all-stock transaction. On completion of merger by first quarter of 2024, the combined company will trade on the Nasdaq under the name Firefly Neuroscience Inc.
The combined company will focus on continued development and commercialize of Firefly's artificial intelligence driven, cloud-based and FDA approved Brain Network Analytics platform, that supports drug development decisions, selection of optimal dose and measuring cognitive effect of pharma firms.
Currently, shares of WaveDancer are at $2.57, up 70.86 percent from the previous close of $1.51 on a volume of 18,070,343.
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September 11, 2026 16:26 ET Consumer prices data was the main news on the economic front in the U.S. this week. In Europe, the latest interest rate decision from the European Central Bank was the focus along with the revised second quarter economic growth data for the euro area. In Asia, the monthly foreign trade data from China drew attention.