Eos Energy stock falls after Fuzzy Panda issues short report
Michael Anthony Belfiore, a former 10% owner of AIRWA INC. (NASDAQ: YYAI), purchased 6,133 shares of common stock on October 27, 2025, at a price of $2.91 per share, for a total transaction value of $17847.
On the same date, Belfiore also acquired 64,642 shares. These shares were acquired at no cost.
In other recent news, AiRWA Inc. announced it will acquire the remaining 30% stake in its subsidiary, Yuanyu Enterprise Management Co., Limited, for $36 million in cash. This acquisition will give AiRWA full ownership of YYEM, a move approved by the company’s audit committee. Additionally, AiRWA is set to implement a 1-for-50 reverse stock split, reducing its outstanding common shares from approximately 949 million to about 19 million. The reverse split has received both stockholder and board approval.
In another development, AiRWA has received a $30 million investment in Solana tokens, which will bolster its financial foundation and support its strategy to integrate Solana as a key trading asset on its platform. Meanwhile, Connexa Sports Technologies Inc. and JuCoin Capital Pte Ltd have agreed to form a $500 million joint venture to launch a new cryptocurrency exchange named aiRWA. Connexa will hold a 51% stake in the joint venture, with JuCoin retaining 49%.
Connexa Sports Technologies also announced a change in its board of directors, with Hai Bin Cui appointed to the board and audit committee following the resignation of Kong “Luke” Liu. These developments reflect significant strategic moves by both AiRWA and Connexa in expanding their business operations and financial strategies.
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