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Article Date: January 2024
Word Count: 121

Connexa Raises $16.5 Million in Private Placement

Connexa Sports Technologies, the parent of Slinger Bag, sold 2,330,200 shares and warrants for another 25,169,800 shares to raise approximately $16.5 million, regaining compliance with Nasdaq’s minimum equity rule. The investment comes from three non-US companies: Andy and Lion Co., Ltd., Junjie Enterprise Management Co., Limited, and Xinsheng Enterprise Management Services Co., ... Log in to view full article.


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