CNXA News

Just three small deals began trading in another quiet week for the IPO market, only one of which was large enough to meet our coverage criteria. They were joined by one SPAC offering. Pipeline activity picked up slightly as four small IPOs and three SPACs submitted initial filings. The major news of the week came on Friday, when minerals exploration company ...read more

Connexa Sports Technologies, which makes a portable tennis ball launcher, raised $4 million by offering 1.0 million shares at $4, below the as-converted June 14 close of its shares on the OTCQB (CNXA; $6.80), which trades with relatively low volume. The Windsor Mill, MD-based company had originally filed to offer 1.3 million shares when its OTC price was $10, before cutting...read more

Connexa Sports Technologies, which makes a portable tennis ball launcher, lowered the proposed deal size for its upcoming IPO on Tuesday. The Windsor Mill, MD-based company now plans to raise $4 million by offering 1 million shares at a price of $4, below the as-converted June 10 close of its shares on the OTCQB (CNXA; $7.90). The company had previously filed to offer 1.3 million...read more

Connexa Sports Technologies, which makes a portable tennis ball launcher, announced terms for its Nasdaq uplisting on Tuesday. In its latest filing, the company also announced that it had officially its name from Slinger Bag. The Windsor Mill, MD-based company plans to raise $13 million by offering 1.3 million shares at an assumed price of $10, the as-converted May 20 close of its...read more