Connexa Raises $4.2 Million in Public Offering
Connexa Sports Technologies, formerly Slinger Bag, sold 1,048,750 million shares of its common stock at $4.00 per share to meet the minimum bid threshold of $4.2 million and is moving to the Nasdaq Capital Market under the ticker symbol CNXA. Connexa filed an amended S-1 yesterday, downsizing the offering from its original ambition of selling 1,250,000 shares at $10 per. In connection with the stock sale and uplisting, Connexa conducted a 1-for-10 reverse split of its ... Log in to view full article.