AiRWA Inc SEC Filings

Airwa Inc. (YYAI) reported an initial insider ownership on Form 3. As of 10/08/2025, the reporting person beneficially owns 3,213,095 shares of Common Stock, held in direct ownership. The filer is identified as a Director. No derivative securities are listed.

AiRWA Inc. reported that it has received $30 million of Solana tokens into its AiRWA Exchange platform. The company also completed successful test runs settling trades of tokenized U.S. equities, showing that its system can process blockchain-based versions of traditional stocks.

This update was shared through a furnished press release under a Regulation FD disclosure, meaning it is intended to provide broad, equal access to the information without being treated as filed financial statements. AiRWA also reminds readers that its statements about future plans and its ability to maintain Nasdaq listing compliance are forward-looking and subject to risks and uncertainties described in its other SEC filings.

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.

Connexa Sports Technologies Inc. entered into a services agreement with Inca Digital, a provider of digital asset intelligence and security solutions. The agreement is intended to support development of Connexa’s previously announced joint venture with JuCoin Capital Pte Ltd, including strengthening the security framework for the planned aiRWA Exchange. The company furnished a press release as an exhibit to describe the new contract and included standard cautionary language about forward-looking statements and related risks.

Connexa Sports Technologies Inc. reported a board change following the earlier resignation of independent director Kong “Luke” Liu. On September 16, 2025, the company appointed Hai Bin Cui to its board of directors. He will serve as chairman of the Audit Committee, taking over that role from Bini Zhu, and will also sit on the Nominating and Corporate Governance Committee and the Compensation Committee.

The board has determined that Mr. Cui is an independent director under Nasdaq and SEC rules and that he qualifies as an audit committee financial expert, meaning he has the accounting and financial expertise regulators expect for this key oversight role. On September 17, 2025, Connexa entered into a Director Service and Indemnity Agreement with Mr. Cui, under which he will receive cash compensation of $15,000 per financial quarter, paid in arrears, for his board and committee service.

The company states that Mr. Cui has no family relationships with current officers or directors. It notes a related-party connection because Yuanyu Enterprise Management Co., Limited, Connexa’s majority-owned subsidiary, owns approximately 8.7% of the outstanding equity of Brightstar Technology Group Co., Ltd, where Mr. Cui serves as chairman, with a reported fair value of $2,464,615, or $4,210,385 taking into consideration a guarantee applicable to the shares, as of July 31, 2025.

Connexa Sports Technologies Inc. reported interim financials showing 14,563,019 shares outstanding as of July 31, 2025 and consolidated results that reflect a recent strategic acquisition and financing activity. The company acquired 70% of Yuanyu Enterprise Management Co., Limited for a combined $56 million, funded partly with $16.5 million cash and the balance payable in shares plus a $5 million inducement payment from the seller. Accounts receivable linked to customer transactions were $18,388,701 at July 31, 2025. Revenue and receivables are highly concentrated: three customers accounted for approximately 100% of total revenue and accounts receivable for the three-month periods ended July 31, 2025 and 2024. The company recorded a gain on financial assets at fair value through profit or loss of $1,081,758 for the period. The company completed a private placement of 20,000,000 units at $0.23 per Unit for gross proceeds of $4.6 million and issued millions of shares and pre-funded warrants in prior financings. Current liabilities include $2,750,406 and there are material related-party balances disclosed.

Connexa Sports Technologies Inc. entered into a definitive agreement with JuCoin Capital Pte Ltd to form a Singapore-based joint venture. Each party will contribute $250 million in cash or cryptocurrency (stablecoin, Ethereum, or Bitcoin) to the new JV, which will issue 51% of its share capital to Connexa and 49% to JuCoin. The JV will be focused on JuCoin's digital asset platform, blockchain infrastructure and Web3 applications as described.

The agreement includes a transfer lock-up that lasts until the JV's second anniversary unless both parties agree otherwise; transfers during the lock-up require the other shareholder's consent or must remain within a shareholder's corporate group. Each shareholder holds preemptive rights to purchase new JV securities. The filing excerpt is signed by the CEO, Thomas Tarala.

Connexa Sports Technologies Inc. reported that it has signed a $500 million agreement to launch a new cryptocurrency exchange focused on real-world assets (RWA). This suggests the company is moving into digital asset infrastructure, using blockchain to trade or manage assets that exist in the physical or traditional financial world.

Connexa also entered into a strategic memorandum of understanding to launch a new stablecoin in Asia. A stablecoin is a type of cryptocurrency designed to maintain a stable value, typically linked to a reference asset. Together, the exchange agreement and the stablecoin memorandum indicate a planned expansion into crypto and stablecoin markets, particularly with an emphasis on Asian opportunities.

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.