AiRWA Inc. Raises Approximately $15.69 Million by Selling 15.38 Million Shares at $1.02 Each
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 19 2025
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Source: Globenewswire
- Financing Scale: AiRWA Inc. successfully sold 15,382,378 shares of common stock at $1.02 each through a registered direct offering, raising approximately $15.69 million, which enhances the company's liquidity for future growth initiatives.
- Use of Proceeds: The funds raised will be utilized for advancing a previously announced joint venture, potential corporate acquisitions, and general working capital, indicating the company's strategic intent for future expansion despite no specific acquisition plans currently.
- Underwriter Role: A.G.P./Alliance Global Partners acted as the sole placement agent for this offering, ensuring the smooth execution of the transaction and providing professional market support to the company.
- Compliance Statement: This offering is conducted under an effective S-3 registration statement, ensuring compliance and providing transparent disclosures to investors, thereby enhancing market confidence.
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About YYAI
AiRWA Inc., formerly Connexa Sports Technologies Inc., through its majority-owned subsidiary, Yuanyu Enterprise Management Co., Limited, owns patents and other proprietary technology which it licenses out, and is using this intellectual property to develop an artificial intelligence (AI)-powered matchmaking platform to license to partners worldwide, enabling them to create localized matchmaking experiences tailored to their specific markets and cultures. It has six technologies related to the metaverse and five AI matchmaking patents, which together enable access to both augmented reality (AR) and extended reality (XR). Its AI technology is also designed to integrate with existing big data models and other larger AI models, such as Huawei Pangu, Baidu 6 Wenxinyiyan, Alibaba Tongyi, and Tencent Hunyuan. The Company is focused on blockchain technology and the digital finance sector. The Company is also active in the Web3 space, driving innovation in digital finance.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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