Connexa Sports Technologies Announces 1-For-20 Reverse Stock Split, Will Begin Trading On A Reverse Split-adjusted Basis When The Market Opens On June 27, 2024
- Reverse Split has been approved to take place on June 27, 2024
Windsor Mills, MD, June 25, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (NASDAQ:YYAI), the owner of Slinger Bag and Gameface, announced today announced that it will effect a 1-for-20 reverse stock split of its common stock, par value $0.001 per share. The common stock will continue to be traded on Nasdaq under the symbol "YYAI" and will begin trading on a reverse split-adjusted basis when the market opens on June 27, 2024. The new CUSIP of the Company's common stock will be 831445408. Post-reverse split, the number of the Company's outstanding shares will be 2,042,669.