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Connexa Sports Technologies Announces Major Registered Direct Offering

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Connexa Sports Technologies Announces Major Registered Direct Offering

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An announcement from Connexa Sports Technologies ( (YYAI) ) is now available.

On December 18, 2025, AiRWA Inc. entered into securities purchase agreements with investors to sell 15,382,378 shares of its common stock at $1.02 per share in a registered direct offering priced at the market close, for expected gross proceeds of approximately $15.69 million before fees, with closing anticipated on or about December 22, 2025. The company plans to deploy the net proceeds to advance a previously announced joint venture, fund potential corporate acquisitions, and bolster working capital and general corporate purposes, while A.G.P./Alliance Global Partners acts as sole placement agent under a fee structure that underscores the company’s continued reliance on capital markets to support its expansion in tokenized real-world assets and technology licensing businesses.

Spark’s Take on YYAI Stock

According to Spark, TipRanks’ AI Analyst, YYAI is a Underperform.

YYAI’s overall stock score reflects significant financial and operational challenges. Declining revenues, negative profitability, and high liabilities weigh heavily. Technical indicators show a bearish trend, and valuation metrics are poor, with the recent earnings call adding further uncertainty.

To see Spark’s full report on YYAI stock, click here.

More about Connexa Sports Technologies

AiRWA Inc. (Nasdaq: YYAI) is a technology licensing company that, through its majority-owned subsidiary Yuanyu Enterprise Management Co., Limited, holds advanced patents and proprietary technology licensed to partners worldwide for localized digital matchmaking and other technology solutions. The company is also active in the Web3 and digital finance space, developing AiRWA Exchange, a next-generation real-world-asset-focused platform intended to enable trading of tokenized U.S. equities, particularly tokenized U.S. stocks.

Average Trading Volume: 5,049,820

Technical Sentiment Signal: Sell

Current Market Cap: $19.93M

See more insights into YYAI stock on TipRanks’ Stock Analysis page.

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