Slinger Bag (CNXA) has released an update to notify the public and investors about the unregistered sales of equity securities.
The Company has issued Common Stock Shares, Pre Funded Warrants, and Smartsports Shares in compliance with the Securities Act’s exemption requirements, specifically under Section 4(a)(2). These issued securities, including any Pre Funded Warrant Shares from the exercise of the Pre Funded Warrants, are not registered under the Securities Act, meaning they cannot be offered or sold in the U.S. without either registration or exemption under the Act and relevant state laws. Details about the Shares and Pre Funded Warrants are referenced in Item 1.01 of Form 8-K, and this report, along with its exhibits, does not constitute a sales offer or solicitation for the Company’s securities.
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