secwatch.observer — SEC 8-K summary
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Issuer:     AIRWA INC. (YYAI)
CIK:        0001674440
Form:       8-K
Filed at:   2024-06-17T23:59:59+00:00
Accession:  0001493152-24-024092
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674440/000149315224024092/0001493152-24-024092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674440/000149315224024092/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-024092

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