{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-034448","form_type":"8-K/A","ticker":"YYAI","cik":"0001674440","company_name":"AIRWA INC.","filed_at":"2022-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.667470+00:00","generated_at":"2026-06-21T09:39:50.026149+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Connexa Sports sells PlaySight subsidiary for $2M note; eliminates further financing need","bullets":["Buyer group (Chen Shachar, Evgeni Khazanov) acquires 100% of PlaySight shares from Connexa.","Consideration: $2M promissory note (due Dec 2023, extendable to 2024), waiver of $600k debt, and release of obligations.","Company released PlaySight from inter-company debts; Buyer released Company from all obligations.","Sale eliminates need for Connexa to further finance PlaySight's operations.","Parties to negotiate non-exclusive analytics deal within 3 months; costs for new features covered by Connexa."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-034448","json":"https://secwatch.observer/filing/0001493152-22-034448.json","markdown":"https://secwatch.observer/filing/0001493152-22-034448.md","text":"https://secwatch.observer/filing/0001493152-22-034448.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674440/000149315222034448/0001493152-22-034448-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674440/000149315222034448/form8-ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T09:39:50.026149+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7597a485919a533dd370881d848a10a1554ca642","claim":"AIRWA INC. completed a disposition involving PlaySight Interactive Ltd., Chen Shachar and Evgeni Khazanov for U.S. $2 million (closed 2022-11-27).","evidence_excerpt":"under their employment agreements in the total amount of U.S. $600,000 (which would have been increased in December 2022 to U.S. $800,000); and (3) cash consideration of U.S. $2 million to be paid to the Company as follows: (i) a promissory note in the amount of U.S. $2 million issued and delivered to the Company (the “Promissory Note”). (ii) The maturity due","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1674440/000149315222034448/0001493152-22-034448-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"PlaySight Interactive Ltd., Chen Shachar and Evgeni Khazanov"},{"label":"Consideration","value":"U.S. $2 million"},{"label":"Closing","value":"2022-11-27"}],"fact_type":"ma_transaction"},{"claim_id":"09305b8aef5ffa58aae87c768ccefb0e6f37aee1","claim":"AIRWA INC. entered into Agreement with PlaySight Interactive Ltd., Chen Shachar and Evgeni Khazanov valued at U.S. $2 million (effective 2022-11-27).","evidence_excerpt":"On November 27, 2022, Connexa Sports Technologies Inc. (the “Company”) entered into a share purchase agreement (the “Agreement”) with PlaySight Interactive Ltd. (“PlaySight”), Chen Shachar and Evgeni Khazanov (together, the “Buyer”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1674440/000149315222034448/0001493152-22-034448-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"PlaySight Interactive Ltd., Chen Shachar and Evgeni Khazanov"},{"label":"Value","value":"U.S. $2 million"},{"label":"Effective","value":"2022-11-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}