Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 30, 2024, Jon Olsen resigned from his position as a member of the board of directors (the "Board") of Firefly Neuroscience, Inc. (the "Company"), effective immediately. Mr. Olsen's resignation was not related to any disagreement regarding the Company's operations, policies or practices.
In addition, on January 6, 2025, the Board removed Mr. Olsen from his position as the Company's Chief Executive Officer without cause and appointed Greg Lipschitz as the Company's Interim Chief Executive Officer.