secwatch.observer — SEC 8-K summary
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Issuer:     AIRWA INC. (YYAI)
CIK:        0001674440
Form:       8-K
Filed at:   2023-06-15T23:59:59+00:00
Accession:  0001493152-23-021410
Event type: debt
Sentiment:  negative
Materiality: 0.50
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Connexa Sports issues 1.74M shares on conversion of $1M note; 1,500 shares to ambassador
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- Issued 1,737,442 shares to lender upon conversion of $1 million 2.25% promissory note.
- Shares issued to enable lender to realize $1.5 million proceeds from share sales.
- Previous tranche of 272,332 shares issued in 2021; future tranches may be required.
- Also issued 1,500 shares to an ambassador as compensation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674440/000149315223021410/0001493152-23-021410-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674440/000149315223021410/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-021410

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer