Connexa Sports Technologies Inc. (YYAI) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 18, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 578.93% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
1.1M
Potential Supply
0
Additional shares possible
Splits
2 Splits 2 Reverse
Past 2 years

Summary

YYAI currently has 1.05M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 578.93% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 2 stock splits (positive for accessibility) and 2 reverse splits (concerning signal).

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 18, 2026
Stock Split

8-K filing: Stock split 1-for-40 | Outstanding: 42,095,538 → 1,052,388

1.1M 0
Mar 17, 2026

10-Q filing | 42.1M shares outstanding

42M 0
Jan 15, 2026

8-K filing: AiRWA Inc. entered into a securities purchase agreement with Hongyu Zhou, the Chairman of the Company, to sell 4,215,000 shares of common stock at $1.37 per share, with the transaction expected to close on or about January 20, 2026. ($5.77M proceeds)

19M 6.8M
Dec 23, 2025

10-Q filing | 19.0M shares outstanding

19M 6.8M
Dec 22, 2025

8-K filing: AiRWA Inc. entered into a share purchase agreement to sell 15,382,378 shares of common stock at $1.02 per share in an offering expected to close on December 22, 2025. ($15.69M proceeds)

15M 11M
Oct 27, 2025

8-K filing: AiRWA Inc. entered into a share purchase agreement with Hongyu Zhou to acquire 30% of Yuanyu Enterprise Management Co., Limited (YYEM) for $36,000,000 in cash. ($36.0M proceeds)

15M 11M
Jul 02, 2025

8-K filing: Connexa Sports Technologies Inc. entered into a securities purchase agreement for a private placement of 20,000,000 units, each consisting of one share of common stock and two warrants, at a price of $0.23 per unit, resulting in gross proceeds of $4,600,000 before warrant exercises. ($4.6M proceeds)

15M 11M
May 29, 2025

S-3/A filing: Connexa Sports Technologies Inc. is filing an S-3/A to offer and sell up to $300 million in common stock, preferred stock, and debt securities from time to time in one or more offerings.

15M 11M
Mar 24, 2025

10-Q filing | 14.6M shares outstanding

15M 0
Mar 05, 2025

S-3/A filing: Connexa Sports Technologies Inc. is filing an S-3/A to offer and sell up to $300 million in common stock, preferred stock, and debt securities from time to time.

15M 0
Feb 14, 2025

S-3/A filing: Connexa Sports Technologies Inc. may offer and sell up to $300 million in the aggregate of common stock, preferred stock, and debt securities from time to time in one or more offerings.

15M 0
Jan 10, 2025

S-3 filing: Connexa Sports Technologies Inc. files an S-3 form to offer and sell up to $300 million in the aggregate of common stock, preferred stock, and debt securities from time to time in one or more offerings. They may offer and sell common stock having an aggregate offering price of up to $11,347,850. The company intends to use the net proceeds from this offering for capital expenditure, sales and marketing activities, and working capital and general corporate purposes.

15M 23M
Dec 13, 2024

10-Q filing | 14.6M shares outstanding

15M 0
Nov 08, 2024

S-1/A filing: This S-1/A filing from Connexa Sports Technologies, Inc. relates to the offer and sale of up to 2,200,000 shares of common stock by selling stockholders, which were issued upon the exercise of pre-funded warrants.

6.4M 0
Oct 11, 2024

S-1 filing: This S-1 filing relates to the offer and sale from time to time by the selling stockholders of up to an aggregate of 2,200,000 shares of common stock which were issued on August 16, 2024 upon the exercise of pre-funded warrants issued on January 19, 2024.

6.4M 0
Sep 10, 2024

10-Q filing | 6.4M shares outstanding

6.4M 0
Aug 13, 2024

S-1/A filing: This S-1/A filing relates to the offer and sale from time to time by the selling stockholders of up to an aggregate of 1,925,000 shares of Connexa Sports Technologies, Inc.'s common stock.

2.7M 1.1M
Jul 30, 2024

S-1/A filing: This S-1/A filing registers 1,925,000 shares of common stock for sale by selling stockholders, consisting of common stock and shares issuable upon exercise of pre-funded warrants.

2.7M 1.1M
Jul 25, 2024

10-K filing | 2.7M shares outstanding

2.7M 2.6M
Jun 27, 2024
Stock Split

8-K filing: Stock split 1-for-20 | Outstanding: 20,572,447 → 1,028,622

1M 4.3M
May 28, 2024

S-1 filing: Offer and sale from time to time by the selling stockholders of up to an aggregate of 38,500,000 shares of common stock.

21M 85M
Apr 18, 2024

8-K filing: An institutional investor sold warrants to purchase 10,113,602 shares of Connexa Sports Technologies Inc.'s common stock to Morgan Capital LLC for $2,500,000 in cash. ($2.5M proceeds)

22M 14M
Mar 21, 2024

8-K filing: Connexa Sports Technologies Inc. entered into agreements to acquire 70% of YYEM, issuing shares and planning a reverse stock split, while also issuing shares to Yonah Kalfa for services rendered. ($1.0M proceeds)

22M 14M
Mar 05, 2024

10-Q filing | 22.2M shares outstanding

22M 14M
Feb 23, 2024

S-1 filing: This prospectus relates to the offer and sale from time to time by the selling stockholders identified in this prospectus of up to an aggregate of 20,136,080 shares of our common stock consisting of (a) 9,944,406 shares of our common stock, par value $0.001 per share (the "Common Stock") issuable upon the exercise of warrants issued on December 6, 2023, as amended, each at an exercise price of $0.16 per share, (b) 9,991,674 shares of Common Stock issuable upon conversion, at a conversion price of $0.32, of an aggregate amount of $3,197,335.65 owed pursuant to a promissory note and (c) up to 200,000 shares of Common Stock owned by Smartsports LLC, an investor relations consultant engaged by the Company.

22M 14M
Feb 21, 2024

8-K filing: Connexa Sports Technologies Inc. entered into a Waiver, Warrant Amendment and Second Loan and Security Modification Agreement with Lenders and an Agent to modify a Loan and Security Agreement, including converting a note into common stock and amending warrants, pending shareholder approval.

3.4M 12M
Jan 24, 2024

8-K filing: Connexa Sports Technologies Inc. entered into securities purchase agreements to issue and sell shares of common stock and pre-funded warrants, and a consulting agreement to issue shares of common stock for consulting services. ($16.5M proceeds)

3.4M 12M
Dec 07, 2023

8-K filing: Connexa Sports Technologies Inc. entered into an inducement offer letter agreement with a holder to exercise existing warrants for 4,972,203 shares of common stock at a reduced price of $0.294 per share, resulting in gross proceeds of $1,461,827.68, and the company will issue new warrants to purchase up to 9,944,406 shares of common stock. ($1.46M proceeds)

3.4M 12M
Nov 29, 2023

S-1/A filing: This is an S-1/A filing for Connexa Sports Technologies, Inc. registering the resale of up to 5,365,871 shares of common stock by selling stockholders, including shares issuable upon the exercise of warrants.

3.4M 12M
Nov 27, 2023

10-Q filing | 3.4M shares outstanding

3.4M 7.2M
Nov 20, 2023

8-K filing: Connexa Sports Technologies Inc. issued 224,472 shares of common stock to Aitan Zacharin on November 14, 2023, as compensation for consulting services and discretionary compensation.

2.4M 8.3M
Nov 08, 2023

S-1 filing: This S-1 filing relates to the offer and sale from time to time by the selling stockholders of up to an aggregate of 5,365,871 shares of Connexa Sports Technologies, Inc.'s common stock, including shares issuable upon the exercise of warrants.

2.4M 8.3M
Oct 11, 2023

8-K filing: Connexa Sports Technologies Inc. entered into a loan and security modification agreement with lenders, issuing warrants to purchase up to 169,196 shares of Common Stock at an exercise price of $1.90 per share.

770K 4.5M
Oct 05, 2023

10-Q filing | 0.8M shares outstanding

770K 4.5M
Sep 14, 2023

10-K filing | 24.1M shares outstanding

24M 0
Jul 24, 2023

10-Q filing | 19.4M shares outstanding

19M 0
Jul 18, 2023

10-Q filing | 19.4M shares outstanding

19M 0
Jun 30, 2023

10-Q filing | 19.4M shares outstanding

19M 0
Jun 15, 2023

8-K filing: Connexa Sports Technologies Inc. issued 1,737,442 shares of common stock to a lender in connection with the conversion of a promissory note and 1,500 shares to an ambassador as compensation.

14M 0
May 30, 2023

8-K filing: Connexa Sports Technologies Inc. issued shares of its common stock to vendors, its chief executive officer and director, its chief innovation officer and director, ambassadors, and the former owner and staff of Foundation Sports Systems, LLC. ($0.27M proceeds)

14M 0
May 17, 2023

10-K filing | 13.5M shares outstanding

14M 0
Jan 10, 2023

8-K filing: Connexa Sports Technologies Inc. entered into a loan and security agreement for the issuance and sale of a note for up to $2,000,000 and warrants to purchase up to 18,099,548 shares of common stock at an exercise price of $0.221 per share.

730K 4.5M
Oct 03, 2022

8-K filing: Connexa Sports Technologies, Inc. entered into a securities purchase agreement for the issuance and sale of 1,018,510 shares of common stock and pre-funded warrants to purchase 11,802,002 shares, along with warrants to purchase 12,820,512 shares and 25,641,024 shares, at a combined purchase price of $0.39 per share and $0.3899 per pre-funded warrant, for an aggregate amount of approximately $5.0 million. ($0.0M proceeds)

730K 4.5M
Aug 05, 2022

8-K filing: Connexa Sports Technologies Inc. entered into agreements with Unique Funding Solutions LLC and Cedar Advance LLC to sell future receivables for $750,000 each, less fees, and Yonah Kalfa transferred 210,000 of his personal warrants to Cedar and Mike Ballardie transferred 210,000 of his personal warrants to Barry Ventures Inc.

730K 4.5M
Jun 14, 2022
Stock Split

8-K filing: Stock split 1-for-10 | Outstanding: 7,317,601 → 731,760

730K 4.5M
May 31, 2022

S-1/A filing: This S-1/A filing relates to an offering of common stock by Connexa Sports Technologies Inc.

7.3M 35M
Mar 17, 2022

10-Q filing | 47.3M shares outstanding

47M 1.2M
Feb 22, 2022

8-K filing: Slinger Bag Inc. completed its merger with PlaySight Interactive Ltd., issuing 25,379,683 shares of common stock and options exercisable for 1,428,571 shares, and purchasing shares from shareholders for a maximum aggregate liability of $1.44 million.

42M 6.6M
Jan 27, 2022

S-1/A filing: The filing is an S-1/A form indicating that selling stockholders may offer and sell up to 16,400,001 shares of common stock from time to time.

42M 6.6M
Jan 27, 2022

S-1/A filing: The selling stockholders may offer and sell up to 16,400,001 shares of common stock.

42M 6.6M
Jan 18, 2022

S-1/A filing: The selling stockholders may offer and sell up to 16,400,001 shares of common stock from time to time.

42M 6.6M
Jan 05, 2022

8-K filing: Slinger Bag Inc. consummated the closing of a private placement offering, selling senior convertible notes and warrants to purchase common stock, and subsequently entered into an Omnibus Amendment Agreement modifying the terms of the Purchase Agreement and Registration Rights Agreement, including increasing the principal balance of existing notes by 20%.

42M 1.9M
Dec 20, 2021

10-Q filing | 41.9M shares outstanding

42M 1.9M
Oct 12, 2021

8-K filing: Slinger Bag Inc. entered into a merger agreement with PlaySight Interactive Ltd., where PlaySight will become a wholly-owned subsidiary of Slinger Bag in exchange for 28,333,333 shares of common stock (subject to adjustment), payment of certain PlaySight transaction costs, and up to 5,142,858 earn-out shares (subject to milestones).

43M 1.2M
Sep 27, 2021

8-K filing: Slinger Bag Inc. entered into a share purchase agreement to acquire 100% of the share capital of Flixsense Pty Ltd. d/b/a Gameface in exchange for 6,666,667 shares of the Company's common stock (subject to adjustment) and 1,000,000 additional earn-out shares of the Company's common stock (subject to the fulfilment of certain milestones).

43M 1.2M
Sep 14, 2021

10-Q filing | 42.5M shares outstanding

43M 1.2M
Sep 13, 2021

S-1 filing: Slinger Bag Inc. is offering an unspecified number of shares of common stock at an unspecified price per share.

25M 19M
Sep 08, 2021

S-1 filing: The selling stockholders may offer and sell up to 11,674,077 shares of common stock from time to time.

25M 12M
Aug 10, 2021

8-K filing: Slinger Bag Inc. consummated a private placement offering on August 6, 2021, selling $11,000,000 in 8% Senior Convertible Notes and warrants to purchase up to 7,333,334 shares of common stock to accredited investors, receiving gross proceeds of $11,000,000.

25M 0
Aug 06, 2021

10-K filing | 24.7M shares outstanding

25M 0
Jun 23, 2021

8-K filing: Slinger Bag Americas Inc., a wholly-owned subsidiary of the Company, acquired Foundation Sports Systems, LLC in exchange for 1,000,000 shares of common stock, with 600,000 shares issued on June 18, 2021, and an additional issuance of 540,000 shares of common stock to the Seller under the MIPA on June 23, 2021 which consists of 600,000 shares less a hold-back of 10% (i.e., 60,000) shares.

27M 0
Apr 21, 2021

8-K filing: Slinger Bag Inc. issued a $2,000,000 secured term promissory note to SB Invesco LLC, along with 2,000,000 warrants to purchase common stock of SBI to the lender and 200,000 warrants to Chessler Holdings, LLC at an exercise price of $0.025 per share.

27M 0
Mar 22, 2021

10-Q filing | 27.3M shares outstanding

27M 0
Dec 14, 2020

10-Q filing | 26.6M shares outstanding

27M 0
Nov 30, 2020

8-K filing: Slinger Bag Inc. issued 35,000 shares of common stock to Dawson City pursuant to a trademark assignment agreement.

26M 0
Sep 21, 2020

10-Q filing | 26.2M shares outstanding

26M 0
Aug 24, 2020

10-K filing | 24.4M shares outstanding

24M 0
Apr 01, 2020

8-K filing: Slinger Bag Inc. entered into a $500,000 promissory note, warrant agreement, and securities purchase agreement with Midcity Capital Limited on March 16, 2020, and its subsidiary, Slinger Bag Americas Inc., entered into a distribution agreement with Globeride, Inc. on March 26, 2020.

25M 0
Mar 12, 2020

10-Q filing | 24.7M shares outstanding

25M 0
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