---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-036402"
form_type: "8-K"
ticker: "YYAI"
cik: "0001674440"
company_name: "AIRWA INC."
filed_at: "2022-12-23T23:59:59+00:00"
generated_at: "2026-06-20T23:23:40.779173+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Connexa receives Nasdaq delinquency notice for late Q2 10-Q filing; delisting risk increases

## Summary
- Nasdaq notified Connexa of noncompliance for failing to file Q2 10-Q (period ended Oct 31, 2022) by Dec 15, 2022.
- Company now has three delinquent filings: FY 2022 10-K, Q1 10-Q, and Q2 10-Q; prior extension expires Jan 31, 2023.
- Additional delinquency requires submission of updated compliance plan by Jan 4, 2023; any exception limited to 180 days from Jan 31, 2023.
- Nasdaq has granted until Apr 10, 2023 to regain compliance with $1.00 bid price rule.
- No immediate effect on listing or trading of CNXA common stock.

## SEC filing metadata
- accession: 0001493152-22-036402
- form_type: 8-K
- ticker: YYAI
- cik: 0001674440
- company_name: AIRWA INC.
- filed_at: 2022-12-23T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674440/000149315222036402/0001493152-22-036402-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674440/000149315222036402/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-036402
- JSON: https://secwatch.observer/filing/0001493152-22-036402.json
- Plain text: https://secwatch.observer/filing/0001493152-22-036402.txt

## Key facts
- Listing & Compliance Notices
  AIRWA INC. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: late filing
  - Rules: 5250(c)(1)
  source text: December 20, 2022, Connexa Sports Technologies Inc. (the “ Company ”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”) indicating that, since the Company has not yet filed its Quarterly Report on Form 10-Q for the period ended October 31, 2022 (“ Second Quarter 10-Q ”), it does not comply with Nasdaq Listing Rule 5250(c)(1) for continued listing. As previously disclosed, the Company received a letter from Nasdaq on August 16, 2022 regarding the Company not filing its annual report for the fiscal year ended April 30, 2022 on Form 10-K (the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674440/000149315222036402/0001493152-22-036402-index.htm
- Listing & Compliance Notices
  AIRWA INC. received a nasdaq extension granted notice regarding minimum bid price (rules 5450(a)(1)).
  - Exchange: nasdaq
  - Notice: extension granted
  - Deficiency: minimum bid price
  - Rules: 5450(a)(1)
  source text: October 10, 2022 indicating that the Company’s common stock is subject to potential delisting from Nasdaq because, for a period of 30 consecutive business days, the bid price of the Company’s common stock had closed below the minimum $1.00 per share requirement for continued listing under Nasdaq Listing Rule 5450(a)(1) (the “ Bid Price Rule ”). Previously, Nasdaq had granted the Company until January 31, 2023 to file its delinquent FY 2022 10-K and the First Quarter 10-Q. As a result, any additional Nasdaq exception to allow the Company to regain compliance with all delinquent filings, includi
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674440/000149315222036402/0001493152-22-036402-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.