Highest-materiality recent filing
AiRWA Chairman Hongyu Zhou resigns from Board effective June 2, 2026
Hongyu Zhou, Chairman of the Board, resigned on June 2, 2026, effective immediately.
AiRWA Inc. announces 1-for-40 reverse stock split effective May 18, 2026
Reverse stock split at 1-for-40 ratio will reduce outstanding shares from ~42.1M to ~1.05M.
AiRWA stockholders approve reverse stock split and share plan amendment at annual meeting
Reverse stock split authorized in range of 1-for-40 to 1-for-800; Board to set ratio and effective date.
AiRWA closes $140M acquisition of Aberfeldy Holdings; Rafael posts $25.2M revenue, $3.8M net income
Acquired Aberfeldy Holdings (owner of 26 Rafael Sdn. Bhd.) for $140M cash, closed Jan 30, 2026.
AiRWA acquires AI firm Aberfeldy Holdings (26 Rafael) for $140M cash; closed Jan 30, 2026
Acquired all shares of Aberfeldy Holdings for $140M cash from Sellers.
AiRWA sells 4.2M shares to Chairman Zhou for $5.8M in private placement
Sold 4,215,000 shares at $1.37 per share to Chairman Hongyu Zhou.
AiRWA Inc. raises $15.7M in registered direct offering of 15.38M shares at $1.02/share
Gross proceeds ~$15.69M from sale of 15.38M shares at $1.02/share; close expected Dec 22, 2025.
AiRWA to acquire remaining 30% stake in operating subsidiary YYEM from Chairman for $36M
AiRWA enters share purchase agreement to buy 30% of YYEM from Chairman Hongyu Zhou for $36M cash.
AiRWA announces 1-for-50 reverse stock split effective Oct 27 to meet Nasdaq $1 bid price
Reverse split at 1:50 ratio; effective at market open on October 27, 2025.
AiRWA receives $30M Solana tokens, completes test runs for tokenized U.S. equity trades
Received ~$30M of Solana tokens to bolster AiRWA Exchange and integrate Solana as core trading pair.
Connexa Sports renames to AiRWA Inc.; JuCoin invests $100M (incl. $30M Solana) in AiRWA Exchange
Name change to AiRWA Inc. effective Oct 7, 2025; Nasdaq ticker YYAI and CUSIP unchanged.
Connexa signs security pact with Inca Digital for $500M aiRWA exchange joint venture
Service agreement with Inca Digital to support aiRWA platform, a $500M JV with JuCoin Capital for RWA tokenization.
Connexa Sports appoints Hai Bin Cui to board, replaces Kong Liu; related-party stake disclosed
Kong 'Luke' Liu resigned from board and all committees effective September 1, 2025.
Director Kong Liu resigns from Connexa Sports board effective Sept 1, 2025
Kong Liu resigned from the Board and all committees on September 1, 2025.
Connexa forms JV with JuCoin to launch aiRWA exchange; each to contribute $250M
Connexa and JuCoin each contribute $250M in cash or crypto; Connexa gets 51% of JV, JuCoin 49%.
Connexa Sports, JuCoin sign $500M JV for RWA exchange, Asia stablecoin
Joint venture commits $250M each in cash/crypto to launch aiRWA exchange for real-world asset tokenization.
Connexa Sports appoints Bini Zhu as independent director to regain Nasdaq listing compliance
Board appointed Bini Zhu as independent director, effective August 15, 2025, to address Nasdaq Rule 5605 compliance.
Board currently has only 2 independent directors out of 4; audit committee has only 2 independent directors, violating Rule 5605.
Connexa Sports raises $4.6M via private placement of 20M units at $0.23/unit
Each unit consists of 1 share common stock and 2 warrants; warrants exercisable at $0.89 for 5 years.
Director Warren Andrew Thomson resigns; board adopts new director compensation structure
Warren Andrew Thomson resigned from the board effective June 12, 2025, with no disagreement with the company.
Connexa Sports Tech dismisses auditor Bush & Associates, engages Enrome LLP
Dismissed Bush & Associates CPA (B&A) as independent auditor; engaged Enrome LLP for fiscal year ending April 30, 2025.
Connexa Sports subsidiary signs content creation MCN agreement with TikTok for MENA region
Majority-owned subsidiary Yuanyu Enterprise Management (YYEM) signed an MCN agency services agreement with TikTok.
CEO Thomas Tarala receives $720k base salary, $300k signing bonus in stock, and $1M success fee (unpaid) for YYEM merger.
Connexa completes 70% acquisition of YYEM, gains control via cash and stock issuance
Acquired 20% of YYEM for $16.5M cash on March 20, 2024; additional 50% for 8,127,572 shares on Nov 21, 2024.
Connexa enters $11.35M at-the-market equity offering with A.G.P.
Up to $11,347,850 of common stock may be sold via A.G.P./Alliance Global Partners as sales agent.
Connexa Sports completes acquisition of 70% of Yuanyu for $56M; controlling owner gets 55.8% stake
Acquired 70% of Yuanyu Enterprise Management for $56M; $16.5M cash paid Mar 2024, 8,127,572 shares issued Nov 21, 2024.
Board and audit committee approved engagement of Bush & Associates CPA as auditor for FY ending April 30, 2025, replacing OOC.
Connexa's subsidiary YYEM signs $30M exclusive licensing deal for matchmaking tech in Asia
YYEM (20%-owned by Connexa) entered exclusive license agreement covering Hong Kong, Japan, Korea, and Southeast Asia.
Connexa announces exclusive license for matchmaking tech in UK/Europe; min $19M income through 2026
Exclusive license with Eternity Technology for UK, Switzerland, and 11 major European markets.
Connexa Sports increases authorized shares to 1B and executes 1-for-20 reverse stock split
Authorized common shares increased from 300,000,000 to 1,000,000,000 via Certificate of Amendment.
Connexa Sports receives Nasdaq delisting notice; plans 1-for-20 reverse split to regain compliance
Received delisting notice on June 11, 2024, for failing to maintain $1 bid price for 30 consecutive days.
Connexa shareholders approve acquisition of YYEM, change-in-control and Slinger Bag spin-off
Shareholders approved acquisition of 70% of Yuanyu Enterprise Management (YYEM) and resulting change-in-control, subject to Nasdaq approval.
Connexa Sports receives Nasdaq delisting notice for failure to hold annual meeting
Received Nasdaq letter on May 1, 2024 for missing annual meeting within 12 months of April 30, 2023 fiscal year-end.
Connexa Sports acknowledges warrant sale to Morgan Capital for $2.5M, exercise price reset to $0.16
Institutional holder sells 10,113,602 warrants to Morgan Capital LLC for $2.5M in cash.
Connexa Sports acquires 70% of Yuanyu Enterprise for $56M; change of control to YYEM shareholders
Initial 20% of YYEM acquired for $16.5M cash on March 20, 2024; remaining 50% to be paid with 162,551,440 shares of CNXA common stock.
Connexa Sports modifies $3.2M note, conversion price set at $0.32; subsidiary guarantees up to $6M
Waiver of defaults under loan agreement, registration rights agreement, and inducement letter as of Feb 21, 2024.
Connexa regains Nasdaq minimum equity compliance via $16.5M investment; placed under 1-year monitor
Received $16.5M investment from three non-US investors; regained compliance with Nasdaq minimum shareholder equity rule.
Issued 2,330,200 common shares and pre-funded warrants for 25,169,800 shares at $0.20/share, raising ~$16.5M.
Connexa Sports receives Nasdaq delisting notice for bid price deficiency
Nasdaq notice on Dec 12, 2023: bid price below $1.00 for 30 consecutive days, violating Listing Rule 5550(a)(2).
Connexa Sports raises $1.46M via warrant exercise inducement; issues new warrants for 9.9M shares
Entered inducement letter with a holder to exercise 4,972,203 existing warrants at reduced exercise price of $0.294/share, raising $1,461,827.68.
Connexa Sports enters new employment agreement with GC Mark Radom; salary raised to $216K
Mark Radom's annual salary increased from $150,000 to $216,000 effective December 1, 2023.
Connexa Sports issues 224,472 shares to consultant Aitan Zacharin as fee payment
Issued 160,338 shares for $127,500 consulting fee compensation owed through Nov 30, 2023.
Connexa Sports lowers shareholder quorum requirement from majority to 33.3%
Board approved amendment reducing quorum for shareholder meetings from a majority to 33 1/3% of outstanding voting shares.
Connexa Sports obtains $1M additional loan under modified LSA; issues 169,196 warrants at $1.90
Entered into Loan and Security Modification Agreement with Armistice Capital for a $1,000,000 new loan, increasing total face amount to $3,000,000.
Connexa Sports receives additional Nasdaq delisting notice for late Form 10-Q filing
Nasdaq notified Connexa on Sept 18, 2023 that failure to file Q3 Form 10-Q (July 31, 2023) is an additional basis for delisting.
Connexa Sports shareholders approve share issuance and reverse stock split authorization
Approved issuance of 1,018,510 shares issued Oct 2022 and shares underlying warrants at exercise prices from $0.00001 to $0.43.
Connexa gets additional Nasdaq delisting notice for late FY 2023 10-K filing
Nasdaq letter dated Aug 2, 2023 cites failure to file Annual Report (10-K) by Apr 30, 2023 as new delisting basis.
Nasdaq notifies Connexa of stockholders' equity deficiency; equity at -$11.7M
Received Nasdaq letter on July 26, 2023 for failing minimum $2.5M stockholders' equity requirement.
Connexa Sports appoints Steven Crummy and Rodney Rapson to board of directors
Steven Crummy and Rodney Rapson appointed effective July 14, 2023.
Connexa Sports issues 1.74M shares on conversion of $1M note; 1,500 shares to ambassador
Issued 1,737,442 shares to lender upon conversion of $1 million 2.25% promissory note.
On June 2, 2026, Hongyu Zhou, Chairman of the board of directors (the “ Board ”) of AiRWA Inc. (the “ Company ”), resigned from the Board, effective immediately.
On June 12, 2025, Warren Andrew Thomson resigned from the board of directors (the “Board”) of Connexa Sports Technologies Inc. (the “Company”) and all committees thereof, effective immediately.
The Company also appointed Mr. Tarala to the position of secretary of the Company as of February 12, 2025.
Warren Thomson 48 Director
all of the executive officers of the Company, namely, Mike Ballardie, Juda Honickman, Mark Radom, and Yonah Kalfa, resigned from their respective positions with the Company, effective immediately.
Chenlong Liu 35 Director
Hongyu Zhou 36 Director
all of the directors of the Company, namely, Mike Ballardie, Yonah Kalfa, Kirk Taylor, Stephen Crummey, and Rodney Rapson, resigned from the Board of Directors
all of the executive officers of the Company, namely, Mike Ballardie, Juda Honickman, Mark Radom, and Yonah Kalfa, resigned from their respective positions with the Company, effective immediately.
all of the directors of the Company, namely, Mike Ballardie, Yonah Kalfa, Kirk Taylor, Stephen Crummey, and Rodney Rapson, resigned from the Board of Directors
Guibao Ji 60 Chief Financial Officer
Thomas Tarala 58 Chief Executive Officer and Director
Max materiality 1.00 · Median 0.60 · Most common event other_material