{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-001023","form_type":"8-K","ticker":"YYAI","cik":"0001674440","company_name":"AIRWA INC.","filed_at":"2023-01-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.094744+00:00","generated_at":"2026-06-20T17:09:27.404326+00:00","sec_items":["1.01","3.02"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Connexa Sports enters $2M loan with Armistice Capital, issues warrants for ~18.1M shares","bullets":["Connexa Sports entered $2M loan agreement with Armistice Capital; initial advance $1.4M.","Warrants issued for up to ~18.1M shares at $0.221 exercise price, 5.5-year term, subject to stockholder approval.","Proceeds to cover registration expenses for previously issued securities and fund operations.","Loan secured by substantially all assets of Connexa and its subsidiaries (Slinger Bag entities).","Additional $600k advance available under agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-001023","json":"https://secwatch.observer/filing/0001493152-23-001023.json","markdown":"https://secwatch.observer/filing/0001493152-23-001023.md","text":"https://secwatch.observer/filing/0001493152-23-001023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674440/000149315223001023/0001493152-23-001023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674440/000149315223001023/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T17:09:27.404326+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":"0bc5edda9d5117e8fc9571aad2f0c83823b94d82","claim":"AIRWA INC. entered into Loan and Security Agreement with Armistice Capital Master Fund Ltd. as agent for the Lenders valued at $2,000,000 (effective 2023-01-06).","evidence_excerpt":"On January 6, 2023, Connexa Sports Technologies Inc. (the “Company”) entered into a loan and security agreement (the “Loan and Security Agreement”) with a one or more institutional investors (the “Lenders”) and Armistice Capital Master Fund Ltd. as agent for the Lenders (the “Agent”) for the issuance and sale of (i) a note in an aggregate principal amount of up to $2,000,000 (the “Note”) with the initial advance under the Loan and Security Agreement being $1,400,000 and (ii) warrants (the “Warrants”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1674440/000149315223001023/0001493152-23-001023-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Armistice Capital Master Fund Ltd. as agent for the Lenders"},{"label":"Value","value":"$2,000,000"},{"label":"Effective","value":"2023-01-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}