Connexa Sports (NASDAQ: YYAI) boosts ATM common stock offering to $200M

Rhea-AI Filing Summary

Connexa Sports Technologies Inc. is updating its at-the-market common stock program to allow sales of up to an aggregate offering price of $200,000,000 of common stock through A.G.P./Alliance Global Partners as sales agent. This prospectus supplement amends the June 11, 2025 prospectus supplement and related prospectus under the company’s Form S-3 registration statement and must be read together with those documents. The company states that it has not sold any securities under the existing sales agreement to date and is now increasing the amount of common stock it may offer and sell from time to time under that agreement. Connexa’s common stock trades on Nasdaq under the symbol YYAI, and the last reported sale price on August 21, 2025 was $4.34 per share. The company emphasizes that investing in its securities involves a high degree of risk and directs investors to the risk factors in the June prospectus and incorporated filings.

Filed pursuant to Rule 424(b)(5)

Registration No. 333-284188

PROSPECTUS SUPPLEMENT

(To prospectus supplement dated June 11, 2025, to prospectus dated June 11, 2025)

CONNEXA SPORTS TECHNOLOGIES INC.

Up to $200,000,000

Common Stock

This prospectus supplement amends, supplements and supersedes certain information contained in the prospectus supplement dated June 11, 2025, and its accompanying prospectus dated June 11, 2025 (collectively, the “June Prospectus”), filed with the Securities and Exchange Commission as part of our registration statement on Form S-3 (File No. 333-284188) (the “Registration Statement”) relating to the offer and sale of our common stock, par value $0.001 per share (the “Common Stock”) through A.G.P./Alliance Global Partners (“AGP”), as sales agent, in “at the market offerings” as defined in Rule 415 promulgated under the Securities Act of 1933, as amended, pursuant to the sales agreement with AGP dated as of January 8, 2025 (the “Sales Agreement”). This prospectus supplement should be read in conjunction with the June Prospectus, and is qualified by reference thereto, except to the extent that the information herein amends or supersedes the information contained in the June Prospectus. This prospectus supplement is not complete without, and may only be delivered or utilized in connection with, the June Prospectus and any future amendments or supplements thereto.

The Company has not sold any securities pursuant to the Sales Agreement.

We are filing this prospectus supplement to amend the June Prospectus to update the amount of shares we are eligible to sell under our Registration Statement. We are increasing the amount of shares of Common Stock we may offer and sell under the Sales Agreement to an aggregate offering price of up to $200,000,000 from time to time through AGP.

Our common stock is listed on Nasdaq under the symbol “YYAI.” The last sales price of our Common Stock, as reported on Nasdaq on August 21, 2025, was $4.34 per share.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus supplement and the accompanying prospectus. Any representation to the contrary is a criminal offense.

Investing in our securities involves a high degree of risk. See “Risk Factors” beginning on page S-5 of the prospectus supplement dated June 11, 2025 and the risk factors incorporated by reference into this prospectus supplement and the June Prospectus, as they may be amended, updated or modified periodically in our reports filed with the Securities and Exchange Commission.

A.G.P.

The date of this prospectus supplement is August 22, 2025.

FAQ

What did Connexa Sports Technologies (YYAI) file in this prospectus supplement?

Connexa Sports Technologies Inc. filed a prospectus supplement under Rule 424(b)(5) that amends its June 11, 2025 prospectus supplement and related prospectus. The filing updates the amount of common stock the company may offer and sell through its existing at-the-market program under a Form S-3 registration statement.

How much common stock can Connexa Sports now sell under its at-the-market program?

The company is increasing the amount of common stock it may offer and sell under the sales agreement with A.G.P./Alliance Global Partners to an aggregate offering price of up to $200,000,000. These sales may occur from time to time through A.G.P. as sales agent.

Has Connexa Sports (YYAI) sold any securities under the A.G.P. sales agreement so far?

No. The filing states that the company has not sold any securities pursuant to the sales agreement with A.G.P./Alliance Global Partners as of the date of this prospectus supplement.

What is the role of A.G.P./Alliance Global Partners in Connexa Sports’ offering?

A.G.P./Alliance Global Partners acts as the sales agent for Connexa Sports’ common stock in “at the market offerings” as defined in Rule 415 under the Securities Act. The company may sell shares of its common stock from time to time through A.G.P. under the sales agreement dated January 8, 2025.

On which exchange is Connexa Sports listed and what was the recent share price?

Connexa Sports’ common stock is listed on Nasdaq under the symbol “YYAI”. The filing notes that the last sales price of the common stock on Nasdaq on August 21, 2025, was $4.34 per share.

What risk information does Connexa Sports highlight in this prospectus supplement?

The company states that investing in its securities involves a high degree of risk. It directs investors to the “Risk Factors” section beginning on page S-5 of the June 11, 2025 prospectus supplement and to the risk factors incorporated by reference into this prospectus supplement and the June prospectus.

Does the SEC approve or disapprove Connexa Sports’ securities in this offering?

The filing states that neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved these securities or passed upon the adequacy or accuracy of the prospectus supplement and accompanying prospectus, and that any representation to the contrary is a criminal offense.