Connexa Sports Technologies Inc (YYAI) Noticias

$YYAI NEWS: Connexa Sports Technologies Inc. Expands into Social Networking and Content Creation and Enters Discussions with TikTok in the Middle East and North Africa
Connexa Sports Technologies Inc.
Wed, January 15, 2025 at 8:30 AM

In This Article:
YYAI, Connexa Sports Technologies Inc.

Windsor Mills, M, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq: YYAI) is proud to announce that Yuanyu Enterprise Management Limited (YYEM), in which Connexa holds a 70% ownership stake, is launching an exciting new vertical centered on social networking applications. This new venture is expected to include live-streaming, voice chat rooms, gaming, and influencer-driven user-generated content (UGC). In a significant validation of this expansion, TikTok’s subsidiary covering the Middle East and North Africa (MENA) is in advanced discussions to sign an MCN (Multi-Channel Network) contract with YYEM to purchase content created by influencers within the network that YYEM is developing. This content is expected to feature popular Twitch hosts producing engaging broadcasts across various categories, including sports, gaming, and lifestyle topics.

With TikTok facing uncertainty in North America, YYEM is aiming to capitalize on the platform's massive reach in the MENA region. As of July 2024, countries like the United Arab Emirates and Saudi Arabia reported TikTok penetration rates exceeding 120% of the adult population, making this a prime market for YYAI and YYEM to target with our new venture.

Chenlong Liu, Director of YYAI, commented, "The MENA region represents a tremendous opportunity for launching this innovative social networking and content creation business. With the current challenges TikTok faces in the United States, the timing could not be better for a partnership with them focused elsewhere. TikTok’s negotiations with YYEM not only validate our entry into the social networking market but also highlight the potential of the extensive influencer network we are developing. We anticipate that our new social networking vertical will help position YYAI as a global technology leader with comprehensive capabilities, paving the way for significant growth and innovation.”

This expansion aligns with Connexa’s mission to leverage technology and partnerships to unlock new opportunities in the digital landscape. By combining a portfolio of innovative technologies with an extensive influencer network, Connexa and YYEM are aiming to redefine content creation in one of TikTok’s most engaged markets.

About YYAI:

Connexa Sports Technologies Inc. (YYAI), via its majority-owned subsidiary, Yuanyu Enterprise Management Co., Limited, operates across the rapidly emerging Love and Marriage sector. Yuanyu Enterprise Management Co., Limited owns numerous patents, technologies and algorithms that drive its big data and matchmaking analyses, deriving its current revenues from royalties.

YYAI Contact Information:
info@yuanyuenterprise.com
www.yuanyuenterprise.com

Forward-Looking Statements

This press release contains forward-looking statements. Statements that are not historical facts, including statements about beliefs or expectations, are forward-looking statements. These statements are based on plans, estimates, expectations and projections at the time the statements are made, and readers should not place undue reliance on them. In some cases, readers can identify forward-looking statements by the use of forward-looking terms such as “may,” “will,” “should,” “expect,” “opportunity,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” or “continue,” or the negative of these terms or other comparable terms. Forward-looking statements involve inherent risks and uncertainties and readers are cautioned that a number of important factors could cause actual results to differ materially from those contained in any such forward-looking statements. Factors that could cause actual results to differ materially from those described in this press release include, among others:

the risks associated with the Company’s relatively low public float, which may result in the Company’s common stock experiencing significant price volatility;

the effects that the acquisition of YYEM and the separation of the Slinger Bag business may have on the Company and its current or future business and on the price of the common stock;

uncertainties regarding the Company’s focus, strategic plans and other management actions;

the risks associated with potential litigation related to the acquisition of YYEM and the separation of the Slinger Bag business or related to any possible subsequent financing transactions or acquisitions or investments;

uncertainties regarding general economic, business, competitive, legal, regulatory, tax and geopolitical conditions; and

other factors, including those set forth in the Company’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended April 30, 2024 and subsequent Quarterly Report on Form 10-Q.

Forward-looking statements included in this report speak only as of the date each statement is made. Neither the Company nor any person undertakes any obligation to update any of these statements in light of new information or future events, except to the extent required by applicable law.

Nice pop on news, back to 50ma?

$YYAI low floater ready to sail? 

Open up the SAIH $1.07 board also halted now but $SMR and nuclear running as Amazon
contracting for power for data centers
SAIH 14m float could run on SMR sympathy

CONGRATS on your @KRRO monster score, Dude!!!!

YY you going so high $5.49 + 35% YYAI and you missed $KRRO go open the board that’s your specialty

Are these guys making any $ though?

She Off and running again

Just when you thought it was safe to sell. She starts to recover... nice n steady

Anytime, my good man.

Cheers to good trading

YYAI: THANKS for that DD, Sir!!!

Yeah I believe if it keeps this momentum.we willsee the good old days return. We it worth
60$ - $80
Won't take much seeing as how thin it is and AS bring about 300mil
Most of that's already bought up

YYAI SECURITY DETAILS

Share Structure

Market Cap
81,915,474
04/15/2024

Authorized Shares
300,000,000
03/28/2024

Outstanding Shares
36,569,408
03/28/2024

Restricted
11,961,322
03/28/2024

Unrestricted
24,608,086
03/28/2024

Held at DTC
24,600,120
03/28/2024

Float
Not Available

Par Value
Not Available

Market Value calculated only for respective security

Transfer Agent
Worldwide Stock Transfer, LLC

Shareholders
Not Available

Short Selling Data

Short Interest
82,408
(-0.2%)
05/31/2022

Significant Failures to Deliver
No

Premarket showing strength.
Also showing some profit takers


Its Getting thinner every tick up.

After 5 dollars, it slingshots to a galaxy far far away...

YYAI (Formerly CNXA): 12-times anybody's frickin' money since April 3, 2024!!!! (This stock is NOT Wall Street's "APRIL FOOLS" joke --- this is Wall Street's "APRIL SMART INVESTORS" pick of the month!!!)

Here we go! 😀

$YYAI

Over 2$ in a week is crazy.

She wants more. The symbol change something bug is happening here. We are in at the beginning

Thanks

Weeeeeeeeeeeeeeee

https://ih.advfn.com/stock-market/NASDAQ/connexa-sports-technolog-YYAI/stock-price

$YYAI

Nice! 😀

$CNXA / $YYAI

Yes, go to the new symbol, yyai

It's trading, just no chat board yet.

It is but looks like a symbol or name change.

It's now # YYAI

Why is not trading?!!!

Few hours left til go time.

CNXA......................................https://stockcharts.com/h-sc/ui?s=CNXA&p=W&b=5&g=0&id=p86431144783

She is still going. I wish I bought more.

Don't want to mess up my average but I'm definitely considering adding to the pot

#frewil

$FLGC cheapest cannibal strong buy, remember I was alerting you folks to buy $CNXA when it was at .20 and now it’s time for $FLGC

Looks like she holding that testof time thus far

Beauty move

Nice! 😀
$CNXA

SqueeeeeeeezzzZzeeeee

Sheesh I forgot today is Thursday. Which is basically saying Friday
Meaning people will be profit taking after this awesome week we've had.

Let's hope she holds true to the test of time n money laundering lol

Looking at the week volume. We could see a major breakout.

Looking at yesterday we had double the volume of shared sold compared to today and only did about 7-8cent.

Today we had have the volume and double the amount of pps. Up about 18cent

Market Cap is met. AS is about maxed out

This is could bottle neck to 45 50 even 100$ for no apparent reason. And with any news this goes ballistic.

Get sum homie

CNXA..............................https://stockcharts.com/h-sc/ui?s=CNXA&p=W&b=5&g=0&id=p86431144783

CNXA SECURITY DETAILS

Share Structure

Market Cap
21,908,732
04/09/2024

Authorized Shares
300,000,000
03/28/2024

Outstanding Shares
36,569,408
03/28/2024

Restricted
11,961,322
03/28/2024

Unrestricted
24,608,086
03/28/2024

Held at DTC
24,600,120
03/28/2024

Float
Not Available
Par Value
Not Available
Market Value calculated only for respective security
Transfer Agent
Worldwide Stock Transfer, LLC

Nice move last few days.

Easily see 1$ eow

$CNXA Connexa Reports Impressive Feedback for Slinger Artificial Intelligence App

https://finance.yahoo.com/news/connexa-reports-impressive-feedback-slinger-120500149.html

$CNXA up on Pre- Market Connexa Announces Entry into an Agreement to Acquire a 70% Stake in Yuanyu Enterprise Management Co., Limited for Cash and Shares

https://finance.yahoo.com/news/connexa-announces-entry-agreement-acquire-123000428.html

$CNXA Connexa Announces Entry into an Agreement to Acquire a 70% Stake in Yuanyu Enterprise Management Co., Limited for Cash and Shares

https://finance.yahoo.com/news/connexa-announces-entry-agreement-acquire-123000428.html

Definitely looks promising...you said a few weeks ago. ..Did that happen in the last run at the end of January?

Pickup some $CNXA Saudi Arabia Plans $40 Billion Push Into Artificial Intelligence
$CNXA this week or Next should be hits .50+ so pickup and Hold

$CNXA was dollar land just few weeks a go

$CNXA Exploding

$CNXA Earnings are out and very good!

https://app.quotemedia.com/data/downloadFiling?type=HTML&webmasterId=104447&ref=318134155

CNXA............................................https://stockcharts.com/h-sc/ui?s=CNXA&p=W&b=5&g=0&id=p86431144783

$CNXA Power Hour Coming AI News Coming

$CNXA 100% - 500% coming

$CNXA let’s see .35 Today

$CNXA folks don’t worry about the after hour trading those are just bunch of kids shorts and MM that trying to scare investors important is that we closed 0.3002
+0.0465 (+18.33%) and tomorrow going much higher

$CNXA ask is getting slap hard again looks like AI news has been leaked

$CNXA looking good get your cheap shares now Dollar Land Coming