• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form NT 10-K filed by Connexa Sports Technologies Inc.

    7/29/25 4:54:44 PM ET
    $YYAI
    Recreational Games/Products/Toys
    Consumer Discretionary
    Get the next $YYAI alert in real time by email
    NT 10-K 1 formnt10-k.htm NT 10-K

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

      FORM 12b-25

    SEC FILE NUMBER

    001-41423

       

    CUSIP NUMBER

    831445408

     

    NOTIFICATION OF LATE FILING

     

    (Check one): ☒ Form 10-K ☐ Form 20-F ☐ Form 11-K ☐ Form 10-Q ☐ Form 10-D ☐ Form N-SAR ☐ Form N-CSR

     

      For Period Ended April 30, 2025
         
      ☐ Transition Report on Form 10-K
      ☐ Transition Report on Form 20-F
      ☐ Transition Report on Form 11-K
      ☐ Transition Report on Form 10-Q
      ☐ Transition Report on Form N-SAR
         
      For the Transition Period Ended _____________________

     

    Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

     

    If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates: ___________

     

    PART I - REGISTRANT INFORMATION
     
    Connexa Sports Technologies Inc.
    Full Name of Registrant
     
     
    Former Name if Applicable
     
    74 E. Glenwood Ave. # 320
    Address of Principal Executive Office (Street and Number)
     
    Smyrna, DE 19977
    City, State and Zip Code

     

     

     

     
     

     

    PART II - RULES 12b-25(b) AND (c)

     

    If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate).

     

      (a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
         
    ☒ (b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report of transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and
         
      (c) The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

     

    PART III - NARRATIVE

     

    State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

     

    Connexa Sports Technologies Inc (the “Company”) is unable to file its Annual Report on Form 10-K for the fiscal year ended April 30, 2025 (the “Form 10-K”) by the prescribed time period required for smaller reporting companies without unreasonable effort and expense because additional time is required by the Company’s management, working in conjunction with the Company’s independent auditors, to complete the Company’s audit for the year ended April 30, 2025. The Company’s auditors are carrying out an audit of the fiscal year ended April 30, 2024 as well as for the fiscal year ended April 30, 2025. In addition, the Company’s operating subsidiary is adjusting its year end to match that of the Company. The Company is diligently working with its auditors and anticipates that it will file the Form 10-K no later than the fifteenth calendar day following the prescribed due date.

     

    Cautionary Statement Concerning Forward-Looking Statements

     

    This Notification of Late Filing on Form 12b-25 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 complete the filing of the Annual Report on Form 10-K no later than the fifteenth calendar day following the prescribed due date. These statements are based on current expectations as of the date of this Notification of Late Filing on Form 12b-25 and involve a number of risks and uncertainties, which may cause results to differ materially from those indicated by these forward-looking statements. These risks include, without limitation, risks related to the Company’s ability to timely complete the Form 10-K, including the auditor timely completing its audit of the Company’s financial statements, for the fiscal year ended April 30, 2025. Any reader of this Notification on Form 12b-25 is cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this Notification of Late Filing on Form 12b-25. The Company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this Notification of Late Filing on Form 12b-25, except as required by applicable laws or regulations.

     

     
     

     

    PART IV - OTHER INFORMATION

     

    (1) Name and telephone number of person to contact in regard to this notification

     

    Thomas Tarala   443   407-7564
    (Name)   (Area Code)   (Telephone Number)

     

    (2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). ☒ Yes ☐ No
       
    (3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? ☒ Yes ☐ No

     

    On March 18, 2024, the Company entered into a share purchase agreement (the “Purchase Agreement”) and a share exchange agreement (the “Exchange Agreement”) to acquire 70% of Yuanyu Enterprise Management Co., Limited (“YYEM”) from Mr. Hongyu Zhou, the sole shareholder of YYEM (“YYEM Seller”) for a combined $56 million (the “Acquisition”). $16.5 million of this amount was paid in cash on March 20, 2024 pursuant to the Purchase Agreement to acquire 20% of YYEM.

     

    On November 21, 2024, following The Nasdaq Stock Market LLC’s (“Nasdaq”) approval of the new listing application submitted to it in connection with the Acquisition, the Company completed the purchase of 5,000 ordinary shares of YYEM, representing 50% of the issued and outstanding ordinary shares of YYEM, for 8,127,572 newly issued shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”) to the YYEM Seller, representing 55.8% of the issued and outstanding shares of Common Stock as of the date of the closing (the “Share Exchange Transaction”). As part of this transaction, the Company agreed to sell its wholly owned subsidiary, Slinger Bag Americas Inc., to a newly established Florida limited liability company called J&M Sports LLC (“J&M”). J&M is owned by Yonah Kalfa, former Chief Innovation Officer and director of the Company; Mike Ballardie, former President, Chief Executive Officer, Treasurer and director of the Company; Juda Honickman, former Chief Marketing Officer of the Company; and Mark Radom, former general counsel and Secretary of the Company. On November 21, 2024, the Company entered into a separation and assignment agreement (the “Separation Agreement”) with J&M to sell, transfer, and assign all or substantially all of its legacy business, assets, and liabilities related to or necessary for the operations of its “Slinger Bag” business or products (the “Legacy Business”) to J&M, in consideration for $1.00. Following the Separation Agreement, J&M has obtained the sole right to and assumed all the obligations of the Legacy Business and is liable to the Company for any losses arising from third-party claims against the Company that arise from liabilities related to the Legacy Business. As a result of the completion of the Acquisition, the Company’s directors and officers resigned from their positions on November 21, 2024.

     

    The Company, in the Form 10-K, will report its consolidated financial results for the years ended April 30, 2025 and 2024 with respect to the operations of YYEM.

     

     
     

     

    CONNEXA SPORTS TECHNOLOGIES INC.

    (Name of Registrant as Specified in Charter)

     

    has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

     

    Date: July 29, 2025 By: /s/ Thomas Tarala
        Thomas Tarala
        Chief Executive Officer

     

     

    Get the next $YYAI alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $YYAI

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $YYAI
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    New insider Zhou Hongyu claimed ownership of 8,127,572 units of common (SEC Form 3)

    3 - Connexa Sports Technologies Inc. (0001674440) (Issuer)

    12/13/24 6:11:45 AM ET
    $YYAI
    Recreational Games/Products/Toys
    Consumer Discretionary

    SEC Form 3 filed by new insider Liu Kong

    3 - Connexa Sports Technologies Inc. (0001674440) (Issuer)

    12/13/24 6:10:46 AM ET
    $YYAI
    Recreational Games/Products/Toys
    Consumer Discretionary

    SEC Form 3 filed by new insider Liu Chenlong

    3 - Connexa Sports Technologies Inc. (0001674440) (Issuer)

    12/13/24 6:09:53 AM ET
    $YYAI
    Recreational Games/Products/Toys
    Consumer Discretionary

    $YYAI
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Connexa Sports Technologies (Nasdaq: YYAI) and JuCoin File $500 Million Definitive Agreement to Launch aiRWA

    Smyrna, Delaware and Singapore, Aug. 29, 2025 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (NASDAQ:YYAI) ("YYAI") and JuCoin Capital Pte Ltd ("JuCoin") today announced the filing with the U.S. Securities and Exchange Commission (the "SEC") of a $500 million definitive agreement (the "Definitive Agreement") to jointly establish aiRWA, a next-generation digital asset platform. The venture will focus on the emerging market for real-world asset (RWA) tokenization, which brings traditional investments, such as real estate, government bonds, and fine art into a digital format. By combining the transparency and accessibility of digital infrastructure with established financial structures

    8/29/25 8:00:00 AM ET
    $YYAI
    Recreational Games/Products/Toys
    Consumer Discretionary

    JuCoin and Nasdaq-Listed Connexa Launch $500 Million Joint Venture to Establish aiRWA Exchange for Real-World Asset Trading

    Strategic Partnership Creates Comprehensive Digital Asset Infrastructure Bridging Traditional Finance and Blockchain Innovation SINGAPORE, Aug. 25, 2025 (GLOBE NEWSWIRE) -- JuCoin, a leading service-driven cryptocurrency exchange, today announced a landmark $500 million joint venture agreement with Connexa Sports Technologies Inc. (NASDAQ:YYAI) to establish aiRWA, a next-generation cryptocurrency exchange specializing in real-world asset tokenization. The partnership combines JuCoin's proven digital asset platform serving over 50 million global users with Connexa's traditional finance expertise and public market credentials to create comprehensive infrastructure for institutional and r

    8/25/25 11:12:17 AM ET
    $YYAI
    Recreational Games/Products/Toys
    Consumer Discretionary

    Connexa and JuCoin Sign $500 million Agreement to Launch a New Cryptocurrency Exchange focused on RWA

    The Parties Have Also Signed a Strategic Memorandum of Understanding to: Launch a New Stablecoin in Asia;Drive Growth in the Stablecoin Sector; andDevelop Next-Generation Financing Solutions Smyrna, Delaware and Singapore, Aug. 25, 2025 (GLOBE NEWSWIRE) -- In a landmark collaboration set to drive the future of digital finance, Connexa Sports Technologies Inc. (NASDAQ:YYAI) ("YYAI") and JuCoin Capital Pte Ltd ("JuCoin"), a leading crypto exchange in Asia, have signed a $500 million agreement to jointly establish aiRWA, a next-generation cryptocurrency exchange focused on RWA to bridge the physical and digital worlds. The parties have also signed a Memorandum of Understanding to launch USD

    8/25/25 8:00:18 AM ET
    $YYAI
    Recreational Games/Products/Toys
    Consumer Discretionary

    $YYAI
    SEC Filings

    View All

    Connexa Sports Technologies Inc. filed SEC Form 8-K: Leadership Update

    8-K - Connexa Sports Technologies Inc. (0001674440) (Filer)

    9/5/25 4:05:39 PM ET
    $YYAI
    Recreational Games/Products/Toys
    Consumer Discretionary

    Connexa Sports Technologies Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits

    8-K - Connexa Sports Technologies Inc. (0001674440) (Filer)

    8/29/25 8:00:29 AM ET
    $YYAI
    Recreational Games/Products/Toys
    Consumer Discretionary

    Connexa Sports Technologies Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    8-K - Connexa Sports Technologies Inc. (0001674440) (Filer)

    8/25/25 8:25:42 AM ET
    $YYAI
    Recreational Games/Products/Toys
    Consumer Discretionary

    $YYAI
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G filed by Connexa Sports Technologies Inc.

    SC 13G - Connexa Sports Technologies Inc. (0001674440) (Subject)

    9/9/24 2:26:25 PM ET
    $YYAI
    Recreational Games/Products/Toys
    Consumer Discretionary

    SEC Form SC 13G filed by Connexa Sports Technologies Inc.

    SC 13G - Connexa Sports Technologies Inc. (0001674440) (Subject)

    9/9/24 2:24:16 PM ET
    $YYAI
    Recreational Games/Products/Toys
    Consumer Discretionary

    SEC Form SC 13G filed by Connexa Sports Technologies Inc.

    SC 13G - Connexa Sports Technologies Inc. (0001674440) (Subject)

    9/9/24 2:22:13 PM ET
    $YYAI
    Recreational Games/Products/Toys
    Consumer Discretionary