Connexa Sports Technologies Inc. (CNXA)

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.

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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.

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

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.

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

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

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.

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

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.

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.

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

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.

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.

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.