As Filed with Securities and Exchange Commission on May 28, 2024 Registration No. 333- CONNEXA SPORTS TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 3949 61-1789640 (Primary Standard Industrial Classification Code Number) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 (I.R.S. Employer Identification Number) 2709 N. Rollin ...

Hong Kong-based, operating matchmaking services in emerging Love & Marriage sector.Owner of multiple patented matchmaker AI technologies.Hand-in-Hand branded retail stores, key advantage over competition.FY23 royalty revenue of $1.9 million with licensing agreements in place to deliver $77 million in royalties over the next 3 years. Windsor Mills, MD, March 21, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (NASDAQ:CNXA) today announced that, subject to shareholder approval, it has signed definit ...

Revenue up 29 percent for the quarter ending January 31, 2024Operating expenses reduced 26% year-to-dateOperating loss improved 38% year-to-dateNet income improved 92% for Q3 and 96% year-to-dateRevenue on track for estimated 5% growth in FY24 Windsor Mills, MD, March 07, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (NASDAQ:CNXA) reported operating results for the quarter and the nine month periods ended January 31, 2024 and provided an update and review of operations. For the third fiscal quar ...

Financial Performance - Net sales increased by $463,776, or 29%, during the three months ended January 31, 2024, compared to the same period in 2023, driven by the introduction of Slinger Bag Pickleball[338]. - Cost of sales increased by $240,887, or 45%, during the three months ended January 31, 2024, primarily due to the increase in net sales[325]. - Gross income increased by $222,889, or 21%, during the three months ended January 31, 2024, attributed to higher net sales and improved supply chain efficiencies[325]. - Loss from operations was $2,193,122 for the three months ended January 31, 2024, compared to a loss of $1,040,617 in the same period in 2023, reflecting an increase in operational losses[337]. - Net loss from continuing operations was $3,772,628 for the three months ended January 31, 2024, a decrease of $3,058,144 compared to a net loss of $6,830,772 in the same period in 2023[337]. Expenses - Selling and marketing expenses rose by $464,853, or 172%, during the three months ended January 31, 2024, largely due to increased social media advertising and public relations investments[340]. - General and administrative expenses increased by $914,179, or 50%, during the three months ended January 31, 2024, primarily driven by higher debt settlement and legal fees[341]. - Research and development costs decreased by $3,638, or 100%, during the three months ended January 31, 2024, due to a pause in development activities caused by limited cash flow[326]. Financing Activities - The company sold $1,183,200 in future receivables to Cedar Advance LLC for $752,000 in cash, agreeing to weekly payments of $39,440 until the receivable amount is paid in full[335]. Business Operations - The company operates in the sports equipment and technology business, owning the Slinger Bag Launcher and Gameface, which provides AI technology and performance analytics for sports[336].

As Filed with Securities and Exchange Commission on February 23, 2024 Registration No. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CONNEXA SPORTS TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 3949 61-1789640 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) 2709 N. Rollin ...

As Filed with Securities and Exchange Commission on February 23, 2024 Registration No. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CONNEXA SPORTS TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 3949 61-1789640 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) 2709 N. Rollin ...

Windsor Mills, MD, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (NASDAQ:CNXA) announces that the Nasdaq has confirmed that the Company has regained compliance with Nasdaq's minimum shareholder equity rule by receiving an inward investment into the Company of $16.5 million from three non-US investors. "Following a period of productive discussions, I am delighted to welcome our three new, non-US investors into the Company" said Mike Ballardie, CEO Connexa Sports Technologies. "This inves ...

As Filed with Securities and Exchange Commission on November 29, 2023 Registration No. 333-275407 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM S-1/A (Amendment No. 1) REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CONNEXA SPORTS TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Joseph M. Lucosky, Esq. Seth A. Brookman, Esq. Lucosky Brookman LLP 101 Wood Avenue South, 5 Floor Woodbr ...

As Filed with Securities and Exchange Commission on November 29, 2023 Registration No. 333-275407 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM S-1/A (Amendment No. 1) REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CONNEXA SPORTS TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Delaware 3949 61-1789640 (I.R.S. Employer Identi ...

Financial Performance - Net sales decreased by $147,903, or 6%, for the three months ended October 31, 2023, compared to the same period in 2022, attributed to depleted inventory due to higher than planned sales orders [290]. - The company recorded a net loss from continuing operations of $915,354 for the three months ended October 31, 2023, compared to a loss of $15,289,998 in the same period in 2022 [294]. - The company had an accumulated deficit of $150,835,256 as of October 31, 2023, raising substantial doubt about its ability to continue as a going concern [298]. - The independent auditors expressed substantial doubt about the company's ability to continue as a going concern as of April 30, 2023 [309]. Expenses - General and administrative expenses decreased by $2,820,535, or 64%, during the three months ended October 31, 2023, primarily due to a reduction in share-based compensation and headcount [292]. - Total operating expenses decreased by $4,221,052, or 48%, during the six months ended October 31, 2023, compared to the same period in 2022 [294]. - Selling and marketing expenses decreased by $556,562, or 50%, during the six months ended October 31, 2023, largely due to reduced social media advertising and sponsorships [296]. Cash Flow and Financing - Cash and cash equivalents increased to $285,861 as of October 31, 2023, compared to $202,095 as of April 30, 2023 [299]. - The company entered into a loan and security modification agreement for an additional loan of $1,000,000 on October 11, 2023 [304]. - The company sold $797,500 in future receivables to UFS for $550,000 in cash on August 7, 2023 [283]. Risk and Controls - The company has identified material weaknesses in financial reporting controls and is in the process of implementing compensating controls [337]. - The material weaknesses will remain listed until the applicable controls operate effectively for a sufficient period [337]. - The company has adopted disclosure controls and procedures to ensure timely and accurate reporting [336]. - The company does not anticipate that inflation and price changes will materially affect operations [308].