other_material
confidence high
sentiment neutral
materiality 0.60
Connexa Sports raises $4.6M via private placement of 20M units at $0.23/unit
AIRWA INC.
- Each unit consists of 1 share common stock and 2 warrants; warrants exercisable at $0.89 for 5 years.
- Gross proceeds of $4,600,000 before warrant exercise; 20,000,000 units sold at $0.23 per unit.
- Closing conditioned on Nasdaq listing rules, shareholder approval, and Schedule 14C filing.
- Securities issued under Section 4(a)(2) and Rule 506(b)/Regulation S; placement may be terminated by Dec 31, 2025 if not closed.
item 1.01item 3.02item 9.01