AiRWA Inc. (NASDAQ:YYAI) shares surge threefold in premarket trading, trading volume surpasses last week’s sum

AiRWA Inc. — the tiny, hyper‑volatile stock that pivoted from sports tech to Web3 and dating apps — ended Wednesday, November 19, 2025, slightly lower and remains a highly speculative, post‑reverse‑split micro‑cap.

YYAI’s recent saga is a dramatic pivot from its roots. Until this month, the Nasdaq-listed company was known as Connexa Sports Technologies, a small-cap firm specializing in sports training techts2.tech. Facing stagnation and financial strain, Connexa’s management made a bold leap into the hottest buzzwords of 2025 – crypto and AI. On Oct. 6, 2025, they announced the company would rebrand as “AiRWA Inc.” and refocus entirely on blockchain-based financial servicesglobenewswire.comglobenewswire.com.

AiRWA Inc. made its name in sports technology – for example, selling the Slinger Bag portable tennis ball launcher and acquiring AI coaching firms like Gameface and PlaySight ts2.tech. CEO Mike Ballardie had steered the company toward sports-AI and wearables, a market growing 23% annually ts2.tech ts2.tech. However, in mid-2025 Connexa dramatically shifted strategy into Web3. In late August 2025 it quietly filed an SEC joint-venture indicating that it and Singapore-based JuCoin Capital would each put up $250M to launch AiRWA Exchange, a cryptocurrency platform for trading real-world assets ts2.tech. This $500M crypto partnership triggered a sell-off – on Aug 29 the stock plunged ~46.8% to ~$2.03 amid investor uncertainty ts2.tech.

AiRWA Inc built its name in sports technology. Its flagship was the Slinger Bag – a portable, AI-enhanced tennis ball machine – and it acquired analytics firms like Gameface AI and PlaySight to create a “Watch–Play–Learn” sports-tech ecosystemts2.tech. Under CEO Mike Ballardie, Connexa integrated AI vision systems and smart sensors to provide real-time coaching feedback to athletests2.tech. In Sept 2021 the company paid $24M to acquire Gameface AI, touting sports-AI market growth of ~28.7% per yearts2.tech. These moves signaled a strategy to become a connected sports-technology player.