Airwa Inc. ten percent owner buys shares worth $1m

Michael Anthony Belfiore, a ten percent owner of AIRWA INC. (NASDAQ:YYAI), reported purchasing shares of common stock in two transactions, with a total value of $1027121. The insider buying comes as YYAI shares have declined over 95% in the past year, with the stock currently trading at $0.15. According to InvestingPro analysis, YYAI appears undervalued relative to its Fair Value.

On October 8, 2025, Belfiore acquired 3,192,905 shares of AIRWA INC. in fifteen transactions. The price per share ranged from $0.21 to $0.40, with the purchase price averaging $0.3205. Following this, on October 10, 2025, Belfiore bought 20,190 shares in four transactions, with prices ranging from $0.1850 to $0.1897, averaging $0.188 per share. The company maintains impressive gross profit margins of 76% and holds more cash than debt on its balance sheet. InvestingPro subscribers can access 14 additional tips and detailed financial metrics for YYAI.

Following these transactions, Belfiore directly owns 3,213,095 shares of AIRWA INC., representing a significant portion of the company’s $2.18 million market capitalization.

In other recent news, Connexa Sports Technologies Inc. has entered into a $500 million joint venture with JuCoin Capital Pte Ltd to launch a new cryptocurrency exchange named aiRWA. Both companies will contribute $250 million each in cash or cryptocurrency, and Connexa will hold a 51% stake in the joint venture. The new platform aims to focus on real-world asset tokenization, enhancing infrastructure for exchange operations and digital asset custody. Additionally, Connexa Sports Technologies announced changes to its board of directors, with Kong “Luke” Liu resigning and Hai Bin Cui being appointed to the board and audit committee. Meanwhile, AiRWA Inc. received an investment of approximately $30 million in Solana tokens, which is expected to bolster the AiRWA Exchange’s financial foundation. This investment will also support the company’s strategy to integrate Solana as a core asset for major trading pairs on its platform. These developments highlight significant strategic moves by both Connexa and AiRWA in the digital asset space.

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