Connexa Sports Technologies Gets Nasdaq Approval for Continued Listing After Yuanyu Enterprise Stake Acquisition

MT Newswires Live

2024/11/20

Connexa Sports Technologies (YYAI) said Wednesday it received Nasdaq approval for continued listing after acquiring a further 50% ownership stake in Hong Kong-based Yuanyu Enterprise Management, bringing its total stake to 70%.

The company said it expects to resume trading on Friday under the YVAI ticker, but added that Nasdaq is yet to provide a confirmation.

Connexa said it will undergo a change of control, appoint new directors and effect a spin-off of its Slinger Bag business once the acquisition is completed.

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