Connexa Sports Technologies Enters Exclusive License Agreement With Guofu Enterprise Management; Expects Agreement To Generate In Excess Of $30M In License Income For YYEM Through End Of December 2026
Portfolio Pulse from Benzinga Newsdesk
Connexa Sports Technologies has entered an exclusive license agreement with Guofu Enterprise Management, expecting to generate over $30 million in license income for YYEM by the end of 2026. The agreement includes minimum royalty payments to YYEM.
October 10, 2024 | 11:34 am
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POSITIVE IMPACT
Connexa Sports Technologies' new licensing agreement with Guofu Enterprise Management is expected to generate over $30 million in income for YYEM by 2026, indicating a positive revenue stream.
The agreement is expected to generate significant revenue for YYEM, which is likely to positively impact YYAI's financial performance. The minimum royalty payments ensure a steady income stream, enhancing investor confidence.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80