Form 8-K - Current report
2024年5月7日 - 10:30PM
Edgar (US Regulatory)
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0001674440
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2024-05-01
2024-05-01
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act of 1934
May
1, 2024
Date
of Report (Date of earliest event reported)
CONNEXA
SPORTS TECHNOLOGIES INC.
(Exact
name of registrant as specified in its charter)
Delaware |
|
1-41423 |
|
61-1789640 |
(State
or other jurisdiction |
|
(Commission |
|
(IRS
Employer |
of
incorporation) |
|
File
Number) |
|
Identification
No.) |
2709
N. Rolling Road, Suite 138
Windsor
Mill
Baltimore,
MD
21244
(Address
of principal executive offices)
(443)
407-7564
(Registrant’s
telephone number, including area code)
N/A
(Former
name or former address, if changed since last report.)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common
Stock, par value $0.001 per share |
|
CNXA |
|
The
Nasdaq Stock Market LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405)
or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On
May 1, 2024, Connexa Sports Technologies Inc. (the “Company”) received a letter from the Listing Qualifications Department
of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, due to the Company’s failure, in violation of Listing
Rules 5620(a) and 5810(c)(2)G), to hold an annual meeting of shareholders within twelve months of the end of the Company’s fiscal
year end of April 30, 2023, it no longer complies with the Nasdaq’s Listing Rules for continued listing. Under Nasdaq Rules, the
Company has 45 calendar days from May 1, 2024 to submit a plan to regain compliance and if the Nasdaq accepts such plan, Nasdaq can grant
an exception of up to 180 calendar days from the fiscal year end, or until October 28, 2024, to regain compliance.
As
previously disclosed in the Company’s definitive proxy statement on Schedule 14A dated May 2, 2024, the Company is currently scheduled
to hold an annual meeting of shareholders on May 15, which the Company believes will be sufficient to permit it regain compliance with
the Nasdaq’s Listing Rules for continued listing.
Item 9.01 Financial Statements and Exhibits.
(d)
Exhibits.
Exhibit
No. |
|
Description |
|
|
104 |
|
Cover
Page Interactive File, formatted in Inline XBRL. |
Forward
Looking Statements
This
current report on Form 8-K contains “forward-looking statements” (within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended), including statements regarding the Company’s
ability to regain compliance with the Nasdaq’s Listing Rules for continued listing. These statements are based on current expectations
as of the date of this current report and involve a number of risks and uncertainties, which may cause results to differ materially from
those indicated by these forward-looking statements. Any reader of this current report is cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this current report. The Company undertakes no obligation to revise or
update any forward-looking statements to reflect events or circumstances after the date of this current report, except as required by
applicable laws or regulations.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
|
CONNEXA sPORTS tECHNOLOGIES inc. |
|
|
|
Dated: May 7, 2024 |
By: |
/s/ Mike Ballardie |
|
|
Chief Executive Officer |
v3.24.1.u1
Cover
|
May 01, 2024 |
Cover [Abstract] |
|
Document Type |
8-K
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Amendment Flag |
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|
Document Period End Date |
May 01, 2024
|
Entity File Number |
1-41423
|
Entity Registrant Name |
CONNEXA
SPORTS TECHNOLOGIES INC.
|
Entity Central Index Key |
0001674440
|
Entity Tax Identification Number |
61-1789640
|
Entity Incorporation, State or Country Code |
DE
|
Entity Address, Address Line One |
2709
N. Rolling Road
|
Entity Address, Address Line Two |
Suite 138
|
Entity Address, Address Line Three |
Windsor
Mill
|
Entity Address, City or Town |
Baltimore
|
Entity Address, State or Province |
MD
|
Entity Address, Postal Zip Code |
21244
|
City Area Code |
(443)
|
Local Phone Number |
407-7564
|
Written Communications |
false
|
Soliciting Material |
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|
Pre-commencement Tender Offer |
false
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Pre-commencement Issuer Tender Offer |
false
|
Title of 12(b) Security |
Common
Stock, par value $0.001 per share
|
Trading Symbol |
CNXA
|
Security Exchange Name |
NASDAQ
|
Entity Emerging Growth Company |
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Connexa Sports Technolog... (NASDAQ:YYAI)
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