---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-007211"
form_type: "8-K"
ticker: "YYAI"
cik: "0001674440"
company_name: "AIRWA INC."
filed_at: "2025-02-18T23:59:59+00:00"
generated_at: "2026-05-26T16:41:03.945026+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Connexa Sports formalizes CEO and CFO employment agreements; Tarala gets $720K salary + $300K stock signing bonus

## Summary
- CEO Thomas Tarala receives $720k base salary, $300k signing bonus in stock, and $1M success fee (unpaid) for YYEM merger.
- CFO Guibao Ji gets $250k annual salary plus discretionary bonus; notice period is 1 week (first 3 months) then 1 month.
- Tarala entitled to annual bonus >=100% base salary and special bonus of 3% of increased valuation on Change of Control.
- Both executives have been serving since November 21, 2024; Tarala also appointed secretary effective Feb 12, 2025.
- CEO contract term is 5 years; company may terminate with 180 days notice, triggering full vesting of all unvested equity.

## SEC filing metadata
- accession: 0001493152-25-007211
- form_type: 8-K
- ticker: YYAI
- cik: 0001674440
- company_name: AIRWA INC.
- filed_at: 2025-02-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674440/000149315225007211/0001493152-25-007211-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674440/000149315225007211/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-007211
- JSON: https://secwatch.observer/filing/0001493152-25-007211.json
- Plain text: https://secwatch.observer/filing/0001493152-25-007211.txt

## Key facts
- Executive change
  Thomas Tarala was appointed as secretary at AIRWA INC..
  - Action: appointed
  - Role: secretary
  source text: The Company also appointed Mr. Tarala to the position of secretary of the Company as of February 12, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674440/000149315225007211/0001493152-25-007211-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.