Connexa Sports Technologies 

Connexa Sports Technologies, Inc. designs and develops portable, affordable ball launchers, and other practice equipment solutions for all ball sports. It provides tennis players of all ages and ability levels the opportunity to practice anywhere and at any time. Its patented technology offers a ball launcher built into a wheeled trolley bag, which allows the user to control the speed, frequency, and elevation of balls. The company was founded by Joe Kalfa in 2017 and is headquartered in Windsor Mill, MD.

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Connexa Sports Technologies, Inc. engages in the design and development of portable ball launchers, and other practice equipment solutions for all ball sports. The company was founded by Joe Kalfa in 2017 and is headquartered in Windsor Mill, DE.

Connexa Sports Technologies In

Windsor Mills, MD, April 22, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq: YYAI) the owner of Slinger Bag, Gameface AI and, subject to approval by its shareholders, Yuanyu Enterprise Management (YYEM), announced that its board of directors has approved the change of its ticker symbol to YYAI, effective immediately, from the market opening today.

Connexa Updates Ticker Symbol To Reflect Its Future Business Model.

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Windsor Mills, MD, March 21, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq:CNXA) today announced that, subject to shareholder approval, it has signed definitive share purchase and share exchange agreements to acquire a 70% stake in Yuanyu Enterprise Management Co., Limited (YYEM) for a combined value of $56 million. The transaction will be carried out in two steps, with an initial 20% stake having been completed against payment of $16.5 million in cash, and the residual 50% stake completing on the closing date through the issuance of common stock. As part of this deal structure, there will be a change-in-control of Connexa following the appointment of a new board of directors, subsequent to which Slinger Bag Americas will be divested to a newly established entity.

Connexa Announces Entry into an Agreement to Acquire a 70% Stake in Yuanyu Enterprise Management Co., Limited for Cash and Shares

Revenue up 29 percent for the quarter ending January 31, 2024 Operating expenses reduced 26% year-to-date Operating loss improved 38% year-to-date Net income improved 92% for Q3 and 96% year-to-date Revenue on track for estimated 5% growth in FY24

Connexa Reports Third Quarter and Nine Months 2024 Financial Results and Provides Review of Operations

Windsor Mills, MD, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq:CNXA) announces that the Nasdaq has confirmed that the Company has regained compliance with Nasdaq's minimum shareholder equity rule by receiving an inward investment into the Company of $16.5 million from three non-US investors.

Connexa Announces that it has regained compliance with the Nasdaq Minimum Shareholder Equity Rule

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Darren Cahill, ATP Coach Of The Year, Reviews App ‘Freemium' Launch Planned for February 2024

Connexa Reports Impressive Feedback for Slinger Artificial Intelligence App

Significant improvements experienced in first month. Response times reduced by 1000% Customer Satisfaction improves 12%

Connexa Upgrades Consumer Response Experience for its Slinger Bag Brand in the US market

Over the past 3 months, AdVenture Media have delivered close to $2 million in revenue for Slinger Bag with an average 18.9X Return on Advertising Spend (ROAS) including a staggering 35X ROAS in its media campaign during Black Friday week.

Connexa's Partnership With AdVenture Media Delivers Unprecedented Return on Digital Advertising Spend

Initial Outreach to First 1,500 Testers Will Start this Week   ‘Freemium' Launch Planned for February 2024 Beta Testing Sign Up Remains open

Connexa Reports Overwhelming Response to Request for Beta Testers of New Slinger AI Tennis App

Connexa Sports Technologies (NASDAQ: CNXA ) stock is rising higher on Thursday alongside a couple of pieces of news traders will want to know about. The first bit of news worth mentioning is Sapir LLC taking a 5.9% stake in the sports company.

Why Is Connexa Sports Technologies (CNXA) Stock Up 31% Today?

Windsor Mills, MD, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq:CNXA) reported operating results for the quarter and half year periods ended October 31, 2023 and provided an update and review of operations, including launch of its Slinger Bag AI App for beta testing.

Connexa Announces Quarterly and Half Year Results

US and Japanese Patents, Among Others, Cover Key Features of Slinger Bag Ball Launcher. Oscillator Plate and Ball Collector Tube

Connexa Announces Expanded Patent Coverage for Its Popular Tennis Ball Launcher as Sales Top 70,000 Units Worldwide

Windsor Mills, MD, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq:CNXA) reported operating results for the quarter ended July 31, 2023 and provided an update and review of operations, including compliance with four out of five Nasdaq listing requirements and advised it expects to achieve compliance with the one remaining deficiency by the current Nasdaq required date of January 22, 2024.

Connexa Reports Results of Quarterly Filing and Business Update

BALTIMORE, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (NASDAQ: CNXA) ( www.connexasports.com ) is pleased to announce that its flagship consumer product, Slinger Bag ( www.slingerbag.com ), continues to deliver strong consumer demand for its original Tennis launcher, a single product offering, which debuted in late summer 2020 and has seen cumulative sales through to today, in excess of $40 million.

Connexa Announces Continued Growth for Tennis Ball Launcher

BALTIMORE, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (NASDAQ: CNXA) (www.connexasports.com) is pleased to announce that its flagship consumer brand, Slinger Bag (www.slingerbag.com), has seen an extremely strong consumer demand for its latest product innovation in Pickleball, which, at this current rate of sale will soon rival that of its tennis counterpart, which debuted in late summer 2020 and has seen cumulative sales in excess of $30 million.

Connexa Announces Overwhelming Demand for Pickleball Launcher

Baltimore, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (NASDAQ: CNXA) (www.connexasports.com) (the “Company”) announced that it received a letter from The Nasdaq Capital Market (“Nasdaq”) on September 18, 2023 indicating that (i) the Company's failure to file its Quarterly Report on Form 10-Q for the period ended July 31, 2023 (the “Form 10- Q”), in violation of the Nasdaq's continued listing requirements under Nasdaq Listing Rule 5250(c)(1) (the “Rule”), serves as an additional basis for delisting the Company's securities from Nasdaq based on Listing Rule 5810(b) and (ii) the Nasdaq Hearings Panel (the “Panel”) will consider this matter in rendering a determination regarding the Company's continued listing on the Nasdaq and the Company should present its views with respect to this additional deficiency to the Panel in writing no later than September 27, 2023.

Connexa Sports Technologies Inc. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

Baltimore, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (NASDAQ: CNXA) (www.connexasports.com) (the “Company”) announced that it will conduct a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-40. The reverse stock split will become effective on September 22, 2023. The Company's common stock will begin trading on a post-split basis at the market open on September 25, 2023, under the Company's existing trading symbol "CNXA", with the new CUSIP number, 831445309. The reverse stock split is part of the Company's plan to regain compliance with the minimum bid price requirement of $1.00 per share required to maintain continued listing on The Nasdaq Capital Market, among other benefits.

Connexa Sports Technologies Inc. Announces 1-40 Reverse Split

Baltimore, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (NASDAQ: CNXA) (www.connexasports.com) (the “Company”) announced that it received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) on August 2, 2023 (i) indicating that the Company's failure to file its Annual Report on Form 10-K for the year ended April 30, 2023 (the “Form 10-K”), in violation of the Nasdaq's continued listing requirements under Nasdaq Listing Rule 5250(c)(1) (the “Rule”), serves as an additional basis for delisting the Company's securities from Nasdaq based on Listing Rule 5810(b), and (ii) indicating that the Nasdaq Hearings Panel (the “Panel”) will consider this matter in rendering a determination regarding the Company's continued listing on the Nasdaq and the Company should present its views with respect to this additional deficiency to the Panel in writing no later than August 9, 2023.

Connexa Sports Technologies Inc. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Annual Report on Form 10-K

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BALTIMORE, Md., Sept. 28, 2022 (GLOBE NEWSWIRE) -- Connexa Sports Technologies, Inc. (NASDAQ: CNXA) (“Connexa”), today announced that it has entered into a securities purchase agreement with a single institutional investor for the issuance and sale of 12,820,512 shares of its common stock (or common stock equivalents in lieu thereof), together with accompanying common stock warrants, at a combined purchase price of $0.39 per share (or common stock equivalents) and accompanying warrants in a private placement. The shares of common stock (or common stock equivalents) were sold in the offering together with 12,820,512 warrants to purchase 12,820,512 shares of common stock at an exercise price of $0.39 per share and a term of five years following the initial exercise date and 25,641,024 warrants to purchase 25,641,024 shares of common stock at an exercise price of $0.43 per share and a term of seven and one half years following the initial exercise date (collectively, the “Warrants”). The Warrants issued in this transaction contain variable pricing features. The Warrants will be exercisable beginning on the date stockholder approval is received and effective allowing exercisability of the Warrants under Nasdaq rules. The offering is expected to close on or about September 30, 2022, subject to the satisfaction of customary closing conditions.

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PlaySight's video tech will drive live streaming and performance tech capabilities at Lubbock Christian University, the latest college tennis partner of Connexa Sports

Connexa Sports Expands its Industry-Leading Collegiate Tennis Technology Footprint with Latest Partnership

18 of the league's 30 organizations rely on the company's connected camera technology and automated, multi-angle video platform for their practice and training needs

Connexa Sports Expands its Technology Footprint in the NBA

Current CFO at American Resources Corporation (NASDAQ: AREC) brings wealth of public markets experience

Connexa Sports Welcomes Kirk P. Taylor, CPA to its Board of Directors

Mr. Goldman is a global technology leader who co-founded Pileus (acquired by Anodot in 2021) and worked previously at Intuit as a Senior Data Engineer

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