Connexa Sports acknowledges warrant sale to Morgan Capital for $2.5M, exercise price reset to $0.16

AIRWA INC.

Institutional holder sells 10,113,602 warrants to Morgan Capital LLC for $2.5M in cash.
Warrant exercise prices reset from $1.90 and $0.294 to $0.16, subject to shareholder approval.
Holder terminates SBA's obligation to pay up to $6M difference and releases $2M escrow requirement.
All liens and security interests of Holder in Company property automatically released upon receipt of purchase price.

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