CONNEXA RECEIVES NASDAQ APPROVAL TO ACQUIRE YUANYU ENTERPRISE MANAGEMENT
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Connexa Sports Technologies Inc. (Nasdaq:YYAI) has received Nasdaq approval for its continued listing after acquiring an additional 50% stake in Yuanyu Enterprise Management Limited. This acquisition will lead to a change of control, new directors, and a spin-off of the Slinger Bag business.

November 20, 2024 | 12:15 pm
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Connexa Sports Technologies Inc. has received Nasdaq approval for its continued listing after acquiring an additional 50% stake in Yuanyu Enterprise Management Limited. This acquisition will lead to a change of control, new directors, and a spin-off of the Slinger Bag business.
The acquisition of a further 50% stake in Yuanyu Enterprise Management Limited and the subsequent Nasdaq approval for continued listing are significant positive developments for Connexa. The change of control and new directors could bring fresh strategic direction, while the spin-off of the Slinger Bag business may unlock additional value for shareholders.
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