0000000000-24-012397.txt : 20241223 0000000000-24-012397.hdr.sgml : 20241223 20241107133610 ACCESSION NUMBER: 0000000000-24-012397 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20241107 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Connexa Sports Technologies Inc. CENTRAL INDEX KEY: 0001674440 STANDARD INDUSTRIAL CLASSIFICATION: [3949] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 611789640 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: UPLOAD SEC FILE NUMBER: 333-282612 BUSINESS ADDRESS: STREET 1: 2709 N ROLLING RD STREET 2: UNIT 138 NEW WINDSOR CITY: NEW WINDSOR STATE: DE ZIP: 21244 BUSINESS PHONE: (443) 407-7564 MAIL ADDRESS: STREET 1: 2709 N ROLLING RD STREET 2: UNIT 138 NEW WINDSOR CITY: NEW WINDSOR STATE: DE ZIP: 21244 FORMER COMPANY: FORMER CONFORMED NAME: Slinger Bag Inc. DATE OF NAME CHANGE: 20220412 FORMER COMPANY: FORMER CONFORMED NAME: Connexa Sports Technologies Inc. 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Registration Statement on Form S-1 Filed on October 11, 2024 File No. 333-282612 Dear Mike Ballardie: We have conducted a limited review of your registration statement and have the following comments. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe a comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to this letter, we may have additional comments. Registration Statement on Form S-1 filed on October 11, 2024 Prospectus Cover Page, page i 1. In the paragraph discussing your auditor, please provide a cross reference to the specific risk factor addressing the SEC charges against Olayinka Oyebola & Co. and its principal. Risk Factors Our independent auditor, Olayinka Oyebola & Co., has been charged by the SEC in connection with securities fraud allegations., page 29 2. In this risk factor regarding Olayinka Oyebola & Co. (Chartered Accountants), please provide additional disclosure regarding its principal, Olayinka Oyebola, and the charges alleged against them of violations of the antifraud provisions of the federal November 7, 2024 Page 2 securities laws. Acknowledge that the relief sought includes potential civil penalties as well as permanent injunctive relief, including an order permanently barring your auditor from acting as an auditor or accountant for U.S. public companies or providing substantial assistance in the preparation of financial statements filed with the Securities and Exchange Commission. Explain how such charges and such penalties, if imposed, would impact you and any investment in your securities. For example, if barred, you would be unable to include the financial statements reviewed by Olayinka Oyebola & Co. in any filing made after that date. Refer to the Securities and Exchange Commission s press release, available at https://www.sec.gov/newsroom/press-releases/2024-157. Please also expand to discuss the dismissal of Olayinka Oyebola & Co., as disclosed in your Form 8-K filed November 1, 2024. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement. Please contact Sarah Sidwell at 202-551-4733 or Jay Ingram at 202-551-3397 with any other questions. Sincerely, Division of Corporation Finance Office of Manufacturing cc: Steven Lipstein