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Windsor Mills, MD, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq:YYAI) is announcing a correction to the third bullet point of the headline and the second paragraph of the press release published earlier today (the “Release”).

In the Release, the third bullet point read:

• YYAI will commence trading at the opening of the market on Friday, November 22.
  

and the second paragraph read:

The new Connexa entity will continue to trade under the YYAI ticker symbol, with trading commencing at the opening of the market on Friday, November 22, 2024.

Correction:

While we expect that November 22nd will be the first day of trading on a post-closing basis, we have not received confirmation of the first day of trading from Nasdaq yet. Connexa, as appropriate, will make further public announcements regarding the expected commencement of trading on a post-closing basis.

About Connexa Sports Technologies:

Connexa Sports 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.

CNXA Contact Information:
investors@connexasports.com
www.connexasports.com

About Yuanyu Enterprise Management Co., Limited:

Yuanyu Enterprise Management Co., Limited (YYEM) operates across the rapidly emerging Love and Marriage sector. YYEM owns numerous patents, technologies and algorithms that drive its big data and matchmaking analyses, deriving its current revenues from royalties.

YYEM Contact Information:
info@yuanyuenterprise.com
www.yuanyuenterprise.com

Forward-Looking Statements

Although not included in the forward-looking statement section of the Release, the following factors could also cause actual results to differ materially from those described in the Release:

• uncertainties regarding YYEM’s patents enabling access to AR and XR; and
  

• uncertainties regarding YYEM’s retail partners being able to open more retail stores that integrate YYEM’s technology with their operations.
  

This press release contains forward-looking statements. Statements that are not historical facts, including statements about beliefs or expectations, are forward-looking statements. These statements are based on plans, estimates, expectations and projections at the time the statements are made, and readers should not place undue reliance on them. In some cases, readers can identify forward-looking statements by the use of forward-looking terms such as “may,” “will,” “should,” “expect,” “opportunity,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” or the negative of these terms or other comparable terms. Forward-looking statements involve inherent risks and uncertainties and readers are cautioned that a number of important factors could cause actual results to differ materially from those contained in any such forward-looking statements. Factors that could cause actual results to differ materially from those described in this press release include, among others: