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Stock impact report

CONNEXA RECEIVES NASDAQ APPROVAL TO ACQUIRE YUANYU ENTERPRISE MANAGEMENT [Yahoo! Finance]

Connexa Sports Technologies Inc. (YYAI) 
Company Research Source: Yahoo! Finance
YYAI will remain the company's ticker symbol on Nasdaq. YYAI will commence trading at the opening of the market on Friday, November 22. Windsor Mills, MD, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq:YYAI) is pleased to announce that it has received Nasdaq approval for its continued listing following the acquisition of a further 50% ownership stake in Yuanyu Enterprise Management Limited (YYEM), a Hong Kong-based entity focused on the global Love and Marriage sector. As already approved by Connexa's shareholders, upon completion of this acquisition Connexa will undergo a change of control, appoint new directors and effect a spin-off of the Slinger Bag business. The new Connexa entity will continue to trade under the YYAI ticker symbol, with trading commencing at the opening of the market on Friday, November 22, 2024. “Over the past year, Connexa's management and board of directors have worked to secure meaningful enhancements to its shareholder v Show less Read more
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