Connexa Announces 1:20 Reverse Split to Remedy Bid Price Delisting Notice
Connexa Sports Technologies Inc. (YYAI)
Company Research
Source: GlobeNewswire
Reverse Split has been approved to take place on June 27, 2024 Windsor Mills, MD, June 25, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq: YYAI), the owner of Slinger Bag and Gameface, announced today announced that it will effect a 1-for-20 reverse stock split of its common stock, par value $0.001 per share. The common stock will continue to be traded on Nasdaq under the symbol “YYAI” and will begin trading on a reverse split-adjusted basis when the market opens on June 27, 2024. The new CUSIP of the Company’s common stock will be 831445408. Post-reverse split, the number of the Company’s outstanding shares will be 2,042,669. At the Company’s 2024 Annual Meeting of Stockholders on May 15, 2024, the Company’s stockholders approved the proposal to authorize a reverse stock split of the Company’s common stock by a ratio of any whole number between 1-for-10 and 1-for-100 to be determined at the discretion of the Board of Directors. The reverse stock split is inten
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News
- Connexa Applies for Imminent 1:20 Reverse Split to Remedy Bid Price Delisting NoticeGlobeNewswire
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- Connexa Updates Ticker Symbol To Reflect Its Future Business Model.GlobeNewswire