AiRWA Inc. (NASDAQ: YYAI) rebrands and notes $100M AiRWA Exchange investment

Rhea-AI Filing Summary

Connexa Sports Technologies Inc. reported that its board approved changing the company’s name to AiRWA Inc. and filed a certificate of amendment in Delaware on September 30, 2025 to effect this change. The new name will take effect on the Nasdaq Capital Market on October 7, 2025, while the company’s common stock will continue trading under the ticker YYAI and its CUSIP number will remain the same. The name change did not require shareholder approval and does not alter stockholder rights or require any action by stockholders.

The company also disclosed that on October 6, 2025 it issued a press release announcing the name change and a committed investment in AiRWA Exchange of $100 million, which includes $30 million of Solana tokens.

Insights

Equity & Corporate Actions Analyst

Corporate rebrand to AiRWA Inc. with a disclosed $100M AiRWA Exchange investment commitment.

Connexa Sports Technologies Inc. is rebranding as AiRWA Inc. via a Delaware charter amendment effective on the Nasdaq Capital Market on October 7, 2025. The filing clarifies there is no change to stockholder rights, no need for stockholder action, and the YYAI ticker and existing CUSIP remain in place, so the step is primarily a corporate identity shift rather than a structural recapitalization.

The company also states that a press release announced a committed investment in AiRWA Exchange of $100 million, including $30 million of Solana tokens. The filing does not elaborate on who provides this capital, the form of the commitment, or its timing, so its financial impact cannot be evaluated from this excerpt alone. Forward-looking language about the company’s efforts to regain compliance with Nasdaq listing standards underscores that listing status remains a key uncertainty, and future filings will be important to understand whether this investment and rebrand translate into operational and financial changes.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

September 30, 2025

Date of Report (Date of earliest event reported)

Connexa Sports Technologies Inc.

AIRWA INC.

(Exact name of registrant as specified in its charter)

Delaware		1-41423		61-1789640
(State or other jurisdiction		(Commission		(IRS Employer
of incorporation)		File Number)		Identification No.)

74 E. Glenwood Ave., #320

Smyrna, DE 19977

(Address of principal executive offices, including Zip Code)

(646) 453-0678

(Registrant’s telephone number, including area code)

Connexa Sports Technologies Inc.

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.001 par value		YYAI		Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On September 30, 2025, the Board of Directors of Connexa Sports Technologies Inc. (the “Company”) approved the change in the name of the Company to “AiRWA Inc.” (the “Name Change”).

On September 30, 2025, to effectuate the Name Change, the Company filed a Certificate of Amendment (the “Charter Amendment”) to the Certificate of Incorporation of the Company, as amended, with the Secretary of State of the State of Delaware.

The Name Change will take effect on the Nasdaq Capital Market on October 7, 2025.

Pursuant to Section 242(d)(1) of the Delaware General Corporation Law, no shareholder approval was required for the Charter Amendment because it only related to a name change. A copy of the Charter Amendment is attached hereto as Exhibit 3.1 and is incorporated herein by reference.

The Name Change does not affect the rights of the Company’s stockholders, and stockholders do not need to take any action in connection with the Name Change. The CUSIP number for the Company’s common stock remains 831445408.

Item 7.01 Regulation FD Disclosure

On October 6, 2025, the Company issued a press release to announce the Name Change and to announce a committed investment in AiRWA Exchange of $100 million, including $30 million of Solana tokens. A copy of the press release is furnished hereto as Exhibit 99.1 and is incorporated herein by reference.

The information contained in this Item 7.01 and Exhibit 99.1, attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended and shall not be deemed incorporated by reference in any filing with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended or the Securities Act of 1933, as amended whether made before or after the date hereof and irrespective of any general incorporation language in any filings.

Item 9.01 Financial Statements and Exhibits.

The following exhibits are furnished with this Form 8-K:

Exhibit No.		Description
3.1		Certificate of Amendment to the Certificate of Incorporation
99.1		Press Release dated October 6, 2025, entitled “Connexa Sports Technologies Inc. is Renamed “AiRWA Inc.” and Announces $100 Million Confirmed Investment into AiRWA Exchange”
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

Portions of this report may constitute “forward-looking statements” as defined by federal law. Although the Company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Additional information about issues that could lead to material changes in the Company’s performance is contained in the Company’s filings with the SEC.

Forward-Looking Statements

This Current Report on Form 8-K 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. All statements contained in this Current Report on Form 8-K other than statements of historical fact are forward-looking statements. Such forward-looking statements include, among other things, statements regarding the Company’s ability to regain compliance with Nasdaq listing standards or receive additional time from Nasdaq to regain compliance if necessary. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. Words such as “believes,” “anticipates,” “plans,” “expects,” “intends,” “will,” “goal,” “potential” and the negative of such terms or other similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements are based on the Company’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results could differ materially from those projected in any forward-looking statements due to numerous risks and uncertainties. Information regarding the foregoing and additional risks may be found in the section entitled “Risk Factors” in documents that the Company files from time to time with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this Current Report on Form 8-K, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	AIRWA INC.
	a Delaware corporation
Dated: October 6, 2025	By:	/s/ Thomas Tarala
		Chief Executive Officer

FAQ

What major change did Connexa Sports Technologies (YYAI) report in this 8-K?

The company reported that its board approved changing its name from Connexa Sports Technologies Inc. to AiRWA Inc., implemented through a Delaware charter amendment effective on the Nasdaq Capital Market on October 7, 2025.

Does the AiRWA Inc. name change affect YYAI stockholders’ rights or require any action?

No. The filing states that the name change does not affect stockholder rights, and stockholders do not need to take any action in connection with the change.

Will the YYAI ticker or CUSIP change after the name change to AiRWA Inc.?

The company’s common stock will continue to trade on the Nasdaq Capital Market under the symbol YYAI, and the CUSIP number remains 831445408 despite the new corporate name.

Was shareholder approval required for Connexa Sports Technologies to become AiRWA Inc.?

No. Under Section 242(d)(1) of the Delaware General Corporation Law, the amendment only changed the company’s name, so no shareholder approval was required.

What investment related to AiRWA Exchange is mentioned in the YYAI 8-K filing?

The company states that a press release announced a committed investment in AiRWA Exchange of $100 million, which includes $30 million of Solana tokens.

What forward-looking issues does AiRWA Inc. highlight in this 8-K?

The forward-looking statements discussion notes, among other things, the company’s ability to regain compliance with Nasdaq listing standards or obtain additional time from Nasdaq to regain compliance, subject to various risks and uncertainties.