Connexa Sports shareholders approve share issuance and reverse stock split authorization

AIRWA INC.

Approved issuance of 1,018,510 shares issued Oct 2022 and shares underlying warrants at exercise prices from $0.00001 to $0.43.
Approved reverse stock split within 1:10 to 1:40 range; board to set ratio and effective date within 12 months.
All three proposals passed with large majorities; reverse split vote: 12,775,186 for, 706,595 against.
Share issuance approval covers pre-funded, 5-year, 7.5-year, and 5.5-year warrants totaling over 68 million potential shares.
Adjournment proposal also approved (12,870,901 for, 600,805 against).

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

AIRWA INC. shareholders approved To authorize a reverse stock split of Common Stock within a range of 1-for-10 to 1-for-40, with the Board to set the specific ratio and effective date. at the 2023-09-13 meeting.

Proposal: reverse split
Outcome: passed
Meeting: 2023-09-13

Exact text from the filing

The Reverse Stock Split Proposal was approved by the Company’s stockholders. The voting results were as follows: Votes For Votes Against Votes Abstained 12,775,186 706,595 0

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

AIRWA INC. shareholders approved To approve the issuance of shares of Common Stock and warrants under Nasdaq Rule 5635(d). at the 2023-09-13 meeting.

Outcome: passed
Meeting: 2023-09-13

Exact text from the filing

The Share Issuance Proposal was approved by the Company’s stockholders. The voting results were as follows: Votes For Votes Against Votes Abstained 11,948,769 151,246 2,335

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

AIRWA INC. shareholders approved To authorize the adjournment of the Special Meeting, if necessary, to solicit additional proxies. at the 2023-09-13 meeting.

Outcome: passed
Meeting: 2023-09-13

Exact text from the filing

The Adjournment Proposal was approved by the Company’s stockholders. The voting results were as follows: Votes For Votes Against Votes Abstained 12,870,901 600,805 10,075

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563 shareholder votes filed in the last 30 days. Browse all shareholder votes →

AIRWA INC. filing history →

Source: SEC EDGAR

accession 0001493152-23-032891

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