Connexa Sports Technologies Inc. - CNXA STOCK NEWS

Connexa Sports Technologies (Nasdaq: CNXA) has partnered with Prairie Trail Sports Complex in Ankeny, Iowa, to install PlaySight’s live streaming and video technology. The complex, opening in Fall 2022, will feature four basketball and four volleyball courts, enhancing the experience for athletes and fans with multi-angle video recording and performance analysis. The partnership aims to improve youth sports engagement by allowing parents and fans to follow activities remotely. This strategic move expands PlaySight’s presence in the sports technology market.

Connexa Sports Technologies (Nasdaq: CNXA) announced a partnership with Emerson College to implement PlaySight's video streaming technology across its athletic programs. This agreement enhances the viewing experience for fans and families unable to attend games in person, and enables video capture for analysis. Emerson joins other local D3 schools using PlaySight, improving accessibility and engagement for student-athletes. The partnership reflects Connexa's growing presence in college athletics, with over 140 NCAA programs already utilizing its technology.

Connexa Sports Technologies (NasdaqCM: CNXA) announces an expanded partnership with the Pioneer Baseball League, adding the Northern Colorado Owlz to its PlaySight interactive video platform. This collaboration allows the Owlz to utilize PlaySight's connected camera technology for improved fan experience and professional-level broadcasts. The league aims to enhance its mobile offerings and streamline broadcast production, creating opportunities for fan engagement beyond local regions. The initiative reflects a trend toward digital-first strategies in minor league baseball.

Connexa Sports Technologies has announced that its common stock (CNXA) will start trading on the Nasdaq Capital Market. This uplisting follows a reverse stock split aimed at meeting the Nasdaq's minimum bid price requirements. Connexa raised $4.2 million by selling 1,048,750 shares at $4.00 each and has granted underwriters a 45-day option for 150,000 additional shares. The proceeds will fund working capital and debt reduction. CEO Mike Ballardie emphasized that this milestone enhances shareholder value and increases visibility among institutional and retail investors.

Connexa Sports Technologies Inc. (OTCQB: CNXA) announces partnerships with PlaySight Interactive to enhance pickleball experiences through live streaming and video technology. Installations at The Pickle Shack, Chicken N Pickle, and The Pickleball Club aim to improve coaching and player development. The launch follows the successful beta test of the Slinger Bag Ball Launcher for pickleball. PlaySight's technology will provide instant replays and analytical tools, solidifying Connexa’s position in the growing pickleball market.

Connexa Sports Technologies Inc. (CNXA) announces an expanded partnership with IMG Academy, integrating PlaySight Interactive’s technology into the academy’s tennis program. With this partnership, all 55 tennis courts at IMG's Bradenton, Florida campus will utilize PlaySight's cutting-edge video tech for live streaming and performance analytics. Previously established in 2020 for baseball, the collaboration aims to enhance player development and performance. Connexa aims to leverage its 'Watch, Play, Learn' strategy to create substantial value in the sports training sector.

Connexa Sports Technologies Inc. (OTCQB: CNXA) has announced the successful completion of beta testing for its new Pickleball Ball Launcher, set for commercial release this fall. Following strong sales growth in tennis products, with projected annual sales of $20 million, the company aims to leverage the fast-growing Pickleball market, which has seen a 39% annual increase in players. The new product incorporates advanced technologies and has received positive feedback from beta testers. Connexa is focused on delivering innovative solutions in sports through its 'Watch, Play, Learn' strategy.

Connexa Sports Technologies Inc. (OTCQB: CNXA) has partnered with Druid Hills Golf Club in Atlanta to integrate PlaySight’s advanced live streaming and performance video platform in its Tennis Center. Known for its excellence, the facility features 11 courts, with plans to use PlaySight for both coaching and live tournament broadcasting. The deployment aims to enhance player training and analysis, leveraging technology to improve the teaching experience. PlaySight's solutions are already employed by numerous collegiate programs and major sports organizations nationwide.

Connexa Sports Technologies Inc. (OTCQB: CNXA) announces a partnership between its subsidiary PlaySight Interactive and RCI Sports Management at Travis Fields in Bryan, Texas. This state-of-the-art facility will utilize PlaySight’s advanced camera system for live streaming and performance video analysis, aimed at enhancing the baseball and softball experience. Opened in February 2022, Travis Fields will not only host local events but also drive sports tourism, with over 84% of teams coming from outside the region, showcasing its impact on the local economy.