CNXA - Connexa Sports Tech (NASDAQ: CNXA) Regains compliance with the Nasdaq Minimum Shareholder Equity Rule
2024-01-31 11:01:08 ET
Connexa Sports Tech (NASDAQ: CNXA) Regains compliance with the Nasdaq Minimum Shareholder Equity Rule
DENVER, Colo., Jan. 31, 2024 ( www.247marketnews.com )- We were late in covering Connexa Sports Tech’s (NASDAQ: CNXA) news that it regained compliance with the Nasdaq Minimum Shareholder Equity Rule, when it was trading at $0.465, up $0.2662 (+133.90%), on 32.1M shares traded.
It ran to $0.735 and is now trading at $0.6089, up $0.4101 (+206.29%), on 150.3M shares traded. Traders who missed the boat, may want to keep an eye on buyable pullbacks.
Connexa Sports Technologies Inc. is a leading connected sports company delivering products, technologies, and Sport-as-a-Service across a range of sport verticals. Connexa’s mission is to reinvent sports through technological innovation driven by an unwavering focus on today’s sports consumer.
Website www.connexasports.com
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Cautionary Statement Regarding Forward Looking Information
Statements in this press release about the Company’s future and expectations other than historical facts are “forward-looking statements.” These statements are made on the basis of management’s current views and assumptions. As a result, there can be no assurance that management’s expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as “believes,” “plans,” “expects,” “anticipates,” “foresees,” “estimated,” “hopes,” “if,” “develops,” “researching,” “research,” “pilot,” “potential,” “could” or other words or phrases of similar import. Forward looking statements include descriptions of the Company’s business strategy, outlook, objectives, plans, intentions and goals. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security.
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Connexa Sports Tech (NASDAQ: CNXA) Regains compliance with the Nasdaq Minimum Shareholder Equity Rule