CORRECTION NOTICE OF PRESS RELEASE ANNOUNCING RECEIPT OF NASDAQ APPROVAL TO ACQUIRE YUANYU ENTERPRISE MANAGEMENT
2024年11月20日 - 11:01PM
Connexa Sports Technologies Inc. (Nasdaq:YYAI) is announcing a
correction to the third bullet point of the headline and the second
paragraph of the press release published earlier today (the
“Release”).
In the Release, the third bullet point read:
- YYAI will commence trading
at the opening of the market on Friday, November 22.
and the second paragraph read:
The new Connexa entity will continue to trade
under the YYAI ticker symbol, with trading commencing at the
opening of the market on Friday, November 22, 2024.
Correction:
While we expect that November 22nd will be the
first day of trading on a post-closing basis, we have not received
confirmation of the first day of trading from Nasdaq yet. Connexa,
as appropriate, will make further public announcements regarding
the expected commencement of trading on a post-closing basis.
About Connexa Sports Technologies:
Connexa Sports is a leading connected
sports company delivering products, technologies, and
Sport-as-a-Service across a range of sport verticals. Connexa’s
mission is to reinvent sports through technological innovation
driven by an unwavering focus on today’s sports consumer.
CNXA Contact
Information:investors@connexasports.comwww.connexasports.com
About Yuanyu Enterprise Management Co.,
Limited:
Yuanyu Enterprise Management Co., Limited (YYEM)
operates across the rapidly emerging Love and Marriage sector. YYEM
owns numerous patents, technologies and algorithms that drive its
big data and matchmaking analyses, deriving its current revenues
from royalties.
YYEM Contact
Information:info@yuanyuenterprise.comwww.yuanyuenterprise.com
Forward-Looking Statements
Although not included in the forward-looking
statement section of the Release, the following factors could also
cause actual results to differ materially from those described in
the Release:
- uncertainties regarding YYEM’s
patents enabling access to AR and XR; and
- uncertainties regarding YYEM’s
retail partners being able to open more retail stores that
integrate YYEM’s technology with their operations.
This press release contains forward-looking
statements. Statements that are not historical facts, including
statements about beliefs or expectations, are forward-looking
statements. These statements are based on plans, estimates,
expectations and projections at the time the statements are made,
and readers should not place undue reliance on them. In some cases,
readers can identify forward-looking statements by the use of
forward-looking terms such as “may,” “will,” “should,” “expect,”
“opportunity,” “intend,” “plan,” “anticipate,” “believe,”
“estimate,” “predict,” “potential,” “continue,” or the negative of
these terms or other comparable terms. Forward-looking statements
involve inherent risks and uncertainties and readers are cautioned
that a number of important factors could cause actual results to
differ materially from those contained in any such
forward-looking statements. Factors that could cause actual results
to differ materially from those described in this
press release include, among others:
- uncertainties as to and the
completion of the share exchange agreement, including the risk that
one or more of the transactions may involve unexpected costs,
liabilities or delays;
- the risks associated with the
company’s relatively low public float, which may result in the
company’s common stock experiencing significant price
volatility;
- the effects that the consummation
of the proposed acquisition of YYEM and the spin-off of the Slinger
Bag business may have on the Company and its current or future
business and on the price of the common stock;
- the possibility that various
closing conditions for acquisition of YYEM and the spin-off of the
Slinger Bag business may not be satisfied or waived, or any other
required consents or approvals may not be obtained within the
expected timeframe, on the expected terms, or at all;
- the effects that a termination or
suspension of the acquisition of YYEM and the spin-off of the
Slinger Bag business may have on the company, including the risk
that the price of the common stock may decline significantly if the
acquisition of YYEM and the spin-off of the Slinger Bag business is
not completed;
- uncertainties regarding the
company’s focus, strategic plans and other management actions;
- the risks associated with potential
litigation related to the transactions contemplated by the
acquisition of YYEM and the spin-off of the Slinger Bag business or
related to any possible subsequent financing transactions or
acquisitions or investments;
- uncertainties regarding general
economic, business, competitive, legal, regulatory, tax and
geopolitical conditions; and
- other factors, including those set
forth in the Company’s filings with the U.S. Securities and
Exchange Commission, including its Annual Report on Form 10-K for
the fiscal year ended April 30, 2024 and subsequent Quarterly
Report on Form 10-Q.
Forward-looking statements included in this
report speak only as of the date each statement is made. Neither
the company nor any person undertakes any obligation to update any
of these statements in light of new information or future events,
except to the extent required by applicable law.
Connexa Sports Technolog... (NASDAQ:YYAI)
過去 株価チャート
から 11 2024 まで 12 2024
Connexa Sports Technolog... (NASDAQ:YYAI)
過去 株価チャート
から 12 2023 まで 12 2024