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Connexa Sports Technologies Inc. (Connexa Sports), a Delaware-incorporated company, has filed an amendment to its annual report on Form 10-K/A with the SEC. The amendment corrects a typographical error in the original report concerning the company's financial position for the fiscal year ended April 30, 2022. The updated report includes the complete financial statements and supplementary data without changes, except for the corrected audit periods in the Independent Registered Public Accounting Firm's report. Connexa Sports has also filed certifications from the CEO and CFO as exhibits to this amendment. The company's financial performance for the fiscal year ended April 30, 2023, shows a net loss of $(71,153,685) and a negative working capital of $(18,775,991), raising substantial doubt about its ability to...Show More
Connexa Sports Technologies Inc. (Connexa Sports), a Delaware-incorporated company, has filed an amendment to its annual report on Form 10-K/A with the SEC. The amendment corrects a typographical error in the original report concerning the company's financial position for the fiscal year ended April 30, 2022. The updated report includes the complete financial statements and supplementary data without changes, except for the corrected audit periods in the Independent Registered Public Accounting Firm's report. Connexa Sports has also filed certifications from the CEO and CFO as exhibits to this amendment. The company's financial performance for the fiscal year ended April 30, 2023, shows a net loss of $(71,153,685) and a negative working capital of $(18,775,991), raising substantial doubt about its ability to continue as a going concern. The company's future plans include reducing operating expenses and cash outflows by selling its subsidiary PlaySight and 75% of Foundation Sports to former shareholders. Connexa Sports operates in the sports equipment and technology business, owning the Slinger Launcher and Gameface AI. The company's common stock is registered on the Nasdaq Capital Market under the symbol CNXA.
特拉華州註冊成立的康內克薩體育科技公司（Connexa Sports）已向美國證券交易委員會提交了10-K/A表年度報告的修正案。該修正案更正了原始報告中有關公司截至2022年4月30日的財年財務狀況的印刷錯誤。更新後的報告包括完整的財務報表和補充數據，沒有變化，但獨立註冊會計師事務所報告中更正的審計期除外。Connexa Sports還提交了首席執行官和首席財務官的認證作爲該修正案的證據。該公司截至2023年4月30日的財年的財務業績顯示，淨虧損爲71,153,685美元，營運資金爲負數（18,775,991美元），這引發了人們對其繼續經營能力的嚴重懷疑。該公司的未來計劃包括通過向前股東出售其子公司PlaySight和基金會體育75％的股份來減少運營費用和現金流出。Connexa Sports從事體育器材和技術業務，擁有Slinger Launcher和Gameface AI。該公司的普通股在納斯達克資本市場註冊，代碼爲CNXA。
特拉華州註冊成立的康內克薩體育科技公司（Connexa Sports）已向美國證券交易委員會提交了10-K/A表年度報告的修正案。該修正案更正了原始報告中有關公司截至2022年4月30日的財年財務狀況的印刷錯誤。更新後的報告包括完整的財務報表和補充數據，沒有變化，但獨立註冊會計師事務所報告中更正的審計期除外。Connexa Sports還提交了首席執行官和首席財務官的認證作爲該修正案的證據。該公司截至2023年4月30日的財年的財務業績顯示，淨虧損爲71,153,685美元，營運資金爲負數（18,775,991美元），這引發了人們對其繼續經營能力的嚴重懷疑。該公司的未來計劃包括通過向前股東出售其子公司PlaySight和基金會體育75％的股份來減少運營費用和現金流出。Connexa Sports從事體育器材和技術業務，擁有Slinger Launcher和Gameface AI。該公司的普通股在納斯達克資本市場註冊，代碼爲CNXA。
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