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Connexa Announces that it has regained compliance with the Nasdaq Minimum Shareholder Equity Rule
ConnexaConnexa(US:CNXA) Newsfilterยท2024-01-31 14:00

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 ...