Connexa Sports Technologies Inc. has announced a private placement involving the issuance of 20,000,000 units, each priced at $0.23. Each unit comprises one share of common stock and two warrants with a five-year exercise period at an exercise price of $0.89. The company anticipates gross proceeds of $4,600,000 from this transaction. The placement is contingent upon satisfying Nasdaq listing rules and obtaining shareholder approval. If registration conditions are unmet at the time of warrant exercise, a cashless exercise option will be available. The company retains the right to terminate the agreement if the placement isn't completed by December 31, 2025.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。