Connexa Sports Technologies, the parent of Slinger Bag, has received a non-compliance letter from the Nasdaq exchange after failing to file its form 10-Q for the fiscal second quarter ended October 31.
The filing was due on December 15.
In a statement, Connexa Sports said the letter had no immediate effect on the listing or trading of the company’s common stock.
Connexa Sports said it expects and intends to submit to Nasdaq an updated compliance plan by or before January 4, 2023. Nasdaq has also given the company until April 10, 2023, to regain compliance.
In May 2022, Connexa Sports changed its name from Slinger after making three acquisitions which included Playsight, Gameface.AI and Foundation Tennis.
