Connexa Sports receives Nasdaq delisting notice; plans 1-for-20 reverse split to regain compliance

AIRWA INC.

Received delisting notice on June 11, 2024, for failing to maintain $1 bid price for 30 consecutive days.
Appeals deadline June 18; has requested hearing but expects reverse split to resolve issue.
Stockholders approved 1-for-20 reverse split on May 15; application submitted June 17.
Reverse split expected effective June 28, 2024, pending Nasdaq approval; would regain bid price compliance.
CEO notes pending change in control with Yuanyu Enterprise Management transferring Slinger Bag to private company.

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