(Note: Connexa Sports Technologies Inc. priced its NASDAQ uplisting/public offering on June 14, 2022: 1,048,750 shares were sold at $4.00 each, the assumed public offering price, to raise $4.2 million. The shares sold included the 1.0 million primary shares listed in the prospectus and the underwriters’ partial exercise of the greenshoe option; the stock is expected to start trading Wednesday on the NASDAQ. In connection with the offering, the company implemented a reverse stock split to meet the NASDAQ’s minimum bid price threshold.)

(Note: This is NOT an IPO. This is a NASDAQ uplisting from the OTCQB. Connexa Sports Technologies, Inc. cut the size of its public offering (NASDAQ uplisting) to 1.0 million shares, down from 1.25 million shares initially, and slashed its assumed offering price to $4.00 per share, down from $10.00 initially, in an S-1/A filing dated June 14, 2022. A 1-for-10 reverse stock split is expected to be effective in connection with the underwritten public offering in connection with the uplisting.)

We are a sports technology and media company. Our vision is to derive revenue from sports equipment sales and subscription services focused on our primary ball sports verticals of racquet sports (tennis, pickleball and padel), baseball / softball and cricket, as well as our secondary verticals, such as basketball, hockey and soccer. We aim to make participation in sports and consuming sports content fun, accessible and connected through our product portfolio of ball launchers, artificial intelligence (“AI”) technology, performance video, performance analytics, live streaming of drills, practices and instructional content, and our facilities / membership management software capabilities.

Sports are evolving. Technology is driving a fundamental change across all sports – from playing and training to watching and consuming. Sports technology has been a growing presence in the sports market for the past 10 years. During the COVID-19 pandemic, we have seen what we believe is a mass adoption of automated technologies. As part of this shift, we believe consumers have moved towards technologies that monitor health, sports performance and fitness, in order to improve their overall fitness. We have also seen professional and collegiate sports embracing technology to analyze performance. We believe the Connexa platform is well-suited to serve this evolving adoption of technology to monitor and enhance fitness and performance across various sports.

At Connexa, we want to be a full stack/one-stop solution for ball sports, serving customers who play and teach sports, consume sports content, and manage sports facilities. Our goal is to allow users to consume sports content through PlaySight, participate in sports through our Slinger Ball Launcher, learn through the analytics provided by Gameface, and assist in the management of tennis clubs through Foundation. These various offerings form our Watch, Play, Learn Platform.