AIRWA INC. (YYAI): Nasdaq/NYSE listing notice — Connexa receives additional Nasdaq delisting notice for late Q3 filing; auditor changed

AIRWA INC.

Nasdaq notified Connexa on March 21, 2023 that failure to file Form 10-Q for Jan 31, 2023 is a new delisting basis.
Company has a hearing before Nasdaq Hearings Panel on March 30, 2023; stay of suspension extended pending outcome.
Still delinquent on FY2022 10-K and Q1/Q2 10-Q; also must address board independence deficiencies.
Board/audit committee engaged Olayinka Oyebola & Co. as independent auditor for FY2022, dismissing Mac Accounting Group.
Mac never issued FY2022 audit opinion; no disagreements or reportable events occurred during their engagement.

item 3.01 item 4.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

AIRWA INC. engaged Olayinka Oyebola & Co. as its auditor.

Action: engagement
Auditor: Olayinka Oyebola & Co.

Exact text from the filing

approved the engagement of Olayinka Oyebola & Co. ("OOC") as the Company's independent registered public accounting firm for the fiscal year ended April 30, 2022, effective immediately

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Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

AIRWA INC. dismissed Mac Accounting Group, LLP as its auditor.

Action: dismissal
Auditor: Mac Accounting Group, LLP
Successor: Olayinka Oyebola & Co.

Exact text from the filing

dismissed Mac Accounting Group, LLP ("Mac") as the Company's independent registered public accounting firm.

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Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

AIRWA INC. received a nasdaq delisting notice notice regarding late filing (rules 5810(b)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: late filing
Rules: 5810(b)

Exact text from the filing

March 21, 2023, Connexa Sports Technologies Inc. (the “ Company ”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”) indicating that the Company’s failure to file its Quarterly Report on Form 10-Q for the period ended January 31, 2023 (“Additional Delinquent Filing”) serves as an additional basis for delisting the Company’s securities from Nasdaq based on Listing Rule 5810(b). As previously announced, the Company received a letter from the Nasdaq on February 14, 2023, indicating that, due to the Company’s failure, in violation of Listing R

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19 auditor changes filed in the last 30 days. Browse all auditor changes →

AIRWA INC. filing history →

Source: SEC EDGAR

accession 0001493152-23-008871

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