---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-007476"
form_type: "8-K"
ticker: "YYAI"
cik: "0001674440"
company_name: "AIRWA INC."
filed_at: "2023-03-14T23:59:59+00:00"
generated_at: "2026-06-18T03:26:18.531833+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Connexa Sports subsidiary signs exclusive distribution pact for padel ball launchers

## Summary
- Slinger Bag Americas appoints Desarrollo y Promocion de Padel as exclusive worldwide distributor (ex-US/Canada) through Feb 2028.
- Initial order of 1,140 padel ball launcher units for $285,000, with an additional $285,000 due on delivery.
- Distributor commits to purchase a minimum of 40,000 Slinger Bag Padel Tennis Ball Launchers by February 28, 2028.
- Agreement automatically renews for successive five-year terms unless either party gives 90-day notice of non-renewal.

## SEC filing metadata
- accession: 0001493152-23-007476
- form_type: 8-K
- ticker: YYAI
- cik: 0001674440
- company_name: AIRWA INC.
- filed_at: 2023-03-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674440/000149315223007476/0001493152-23-007476-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674440/000149315223007476/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-007476
- JSON: https://secwatch.observer/filing/0001493152-23-007476.json
- Plain text: https://secwatch.observer/filing/0001493152-23-007476.txt

## Key facts
- Material Agreements
  AIRWA INC. entered into Agreement with Desarrollo y Promocion de Padel S.L. (effective 2023-03-07).
  - Action: entry
  - Agreement: supply
  - Counterparty: Desarrollo y Promocion de Padel S.L.
  - Effective: 2023-03-07
  source text: On March 7, 2023, Slinger Bag Americas Inc., a wholly-owned subsidiary of Connexa Sports Technologies Inc. (the “ Company ”), entered into a distribution agreement (the “ Agreement ”) with Desarrollo y Promocion de Padel S.L. (“ Desarrollo ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674440/000149315223007476/0001493152-23-007476-index.htm

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