Connexa Sports Technologies
YYAI
Market cap $35.8M

5.57 USD

-0.42

7.01%

At close Oct 17, 4:00 PM EDT

After hours

5.90

+0.33

5.92%

1 day

-7.01%

5 days

-20.20%

1 month

-13.51%

3 months

-66.16%

6 months

-86.01%

Year to date

36.52%

1 year

-83.52%

5 years

-99.65%

About: Connexa Sports Technologies Inc operates in the sports equipment and technology business. It is a connected sports company delivering products, technologies, and services across the Watch, Play, Learn commercial and subscription-as-a-service activities in sports. The company's offerings include Slinger Launcher, which is comprised of a portable tennis ball launcher, a portable padel tennis ball launcher, and a portable pickleball launcher. Through Gameface, it provides AI technology and performance analytics.

Employees: 8

Consumer Discretionary Sporting & Athletic Goods

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

5.32% less ownership

Funds ownership: 5.89% [Q1] → 0.57% (-5.32%) [Q2]

57% less funds holding

Funds holding: 14 [Q1] → 6 (-8) [Q2]

67% less capital invested

Capital invested by funds: $301K [Q1] → $100K (-$201K) [Q2]

67% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 3

80% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 10

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Research analyst outlook

We haven’t received any recent analyst ratings for YYAI.

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Financial journalist opinion

Yuanyu Enters $4 Billion Matchmaking Market, Signs $30 Million Licensing Agreement

Windsor Mills, MD, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq:YYAI) the 20% owner of Yuanyu Enterprise Management Co., Limited (YYEM), a Hong Kong-based entity focused on the global Love & Marriage sector, today announced that it has entered into an exclusive license agreement with Guofu Enterprise Management Co., Limited, a Hong Kong-based entity, covering Hong Kong, Japan, South Korea, and Southeast Asia (in particular, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam). Building on an earlier term sheet, this agreement calls for minimum royalty payments to YYEM of more than $30 million through 2026.

Yuanyu Enters $4 Billion Matchmaking Market, Signs $30 Million Licensing Agreement

Yuanyu Enterprise Management announces entry into an exclusive license agreement for its innovative matchmaking technology covering the UK and Europe

Windsor Mills, MD, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq:YYAI) the 20% owner of Yuanyu Enterprise Management Limited (YYEM), a Hong Kong-based entity focused on the global Love & Marriage sector, today announced that it has entered into an exclusive license agreement with Eternity Technology Limited, a UK-based entity, covering the UK and Switzerland, as well as major European markets including Austria, Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. Building on an earlier term sheet, this agreement incorporates minimum payments to YYEM of more than $19 million across calendar years 2024 to 2026.

Yuanyu Enterprise Management announces entry into an exclusive license agreement for its innovative matchmaking technology covering the UK and Europe

Yuanyu Enterprise Management Co., Limited, Reports 1Q2024 Unaudited Financial Results

YYEM posts significant license revenue and net income increases over prior year

Yuanyu Enterprise Management Co., Limited, Reports 1Q2024 Unaudited Financial Results

Connexa Regains Full Nasdaq Compliance

Windsor Mills, MD, July 22, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq: YYAI), the owner of Slinger Bag and Gameface AI, announces receipt of Nasdaq confirmation that the Hearing Panel, convened for July 24, 2024, to review Connexa's bid price compliance has been canceled and the delisting determination withdrawn.

Connexa Regains Full Nasdaq Compliance

Connexa Announces 1:20 Reverse Split to Remedy Bid Price Delisting Notice

Windsor Mills, MD, June 25, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq: YYAI), the owner of Slinger Bag and Gameface, announced today announced that it will effect a 1-for-20 reverse stock split of its common stock, par value $0.001 per share. The common stock will continue to be traded on Nasdaq under the symbol “YYAI” and will begin trading on a reverse split-adjusted basis when the market opens on June 27, 2024. The new CUSIP of the Company's common stock will be 831445408. Post-reverse split, the number of the Company's outstanding shares will be 2,042,669.

Connexa Announces 1:20 Reverse Split to Remedy Bid Price Delisting Notice

Connexa Applies for Imminent 1:20 Reverse Split to Remedy Bid Price Delisting Notice

Windsor Mills, MD, June 17, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq: YYAI), the owner of Slinger Bag and Gameface AI, announced that on June 17, 2024, following receipt of stockholder approval at its annual general meeting held on May 15, 2024, the Company is submiting an application to Nasdaq to effect a 1-for-20 reverse split of its common stock (the “Reverse Split”) with a request to become effective Monday morning, June 28, 2024. After Nasdaq approval, the pending Delisting Notice, received on June 11, 2024, should be withdrawn, there will be no further need for a hearing and Connexa will regain Nasdaq compliance.

Connexa Applies for Imminent 1:20 Reverse Split to Remedy Bid Price Delisting Notice

Connexa Shareholders Approve Transaction to Acquire Yuanyu Enterprise Management

Windsor Mills, MD, May 17, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq: YYAI), the owner of Slinger Bag and Gameface AI, announced that at its AGM, held on May 15, the company's shareholders approved the acquisition of Yuanyu Enterprise Management Co., Limited (“YYEM”). Pending Nasdaq approval of the related change of control, Hongyu Zhou, the sole shareholder of YYEM, will own a controlling interest in Connexa.

Connexa Shareholders Approve Transaction to Acquire Yuanyu Enterprise Management

Connexa Shareholders Approve Transaction to Acquire Hong Kong Based Yuanyu Enterprise Management

Windsor Mills, MD, May 17, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq: YYAI) the owner of Slinger Bag and Gameface AI announced that at its 2024 annual general meeting, held on May 15, the company's shareholders approved the acquisition of Yuanyu Enterprise Management Co., Limited (YYEM) as well as the subsequent change-in-control, which remains subject to Nasdaq approval.

Connexa Shareholders Approve Transaction to Acquire Hong Kong Based Yuanyu Enterprise Management

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