Connexa Sports TechnologiesYYAI
YYAI
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
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
425% more capital invested
Capital invested by funds: $101K [Q2] → $529K (+$428K) [Q3]
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
17% more funds holding
Funds holding: 6 [Q2] → 7 (+1) [Q3]
0.31% more ownership
Funds ownership: 0.57% [Q2] → 0.88% (+0.31%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for YYAI.
Financial journalist opinion
Neutral
GlobeNewsWire
4 weeks ago
CONNEXA HAS CLOSED THE ACQUISITION OF A FURTHER 50% OF YYEM AND CONFIRMS THAT TRADING OF THE POST-ACQUISITION YYAI WILL COMMENCE FRIDAY, NOVEMBER 22, 2024
Windsor Mills, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq:YYAI) is pleased to announce that it has closed the acquisition of a further 50% ownership stake in Yuanyu Enterprise Management Co., Limited (YYEM), a Hong Kong-based entity focused on the global Love and Marriage sector, taking its overall stake in YYEM to 70% and received Nasdaq confirmation that post-acquisition trading of YYAI will commence at the market opening tomorrow morning on November 22, 2024.
Neutral
GlobeNewsWire
1 month ago
CORRECTION NOTICE OF PRESS RELEASE ANNOUNCING RECEIPT OF NASDAQ APPROVAL TO ACQUIRE YUANYU ENTERPRISE MANAGEMENT
Windsor Mills, MD, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq:YYAI) is announcing a correction to the third bullet point of the headline and the second paragraph of the press release published earlier today (the “Release”).
Neutral
GlobeNewsWire
1 month ago
CONNEXA RECEIVES NASDAQ APPROVAL TO ACQUIRE YUANYU ENTERPRISE MANAGEMENT
Windsor Mills, MD, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq:YYAI) is pleased to announce that it has received Nasdaq approval for its continued listing following the acquisition of a further 50% ownership stake in Yuanyu Enterprise Management Limited (YYEM), a Hong Kong-based entity focused on the global Love and Marriage sector. As already approved by Connexa's shareholders, upon completion of this acquisition Connexa will undergo a change of control, appoint new directors and effect a spin-off of the Slinger Bag business.
Neutral
GlobeNewsWire
2 months ago
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.
Neutral
GlobeNewsWire
2 months ago
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.
Neutral
GlobeNewsWire
4 months ago
Yuanyu Enterprise Management Co., Limited, Reports 1Q2024 Unaudited Financial Results
YYEM posts significant license revenue and net income increases over prior year
Neutral
GlobeNewsWire
5 months ago
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.
Neutral
GlobeNewsWire
5 months ago
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.
Neutral
GlobeNewsWire
6 months ago
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.
Neutral
GlobeNewsWire
7 months ago
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.
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