Connexa Sports Technologies Inc. has announced a revised compensation plan for its board members, effective June 18, 2025. The company has shifted from quarterly cash payments of $7,500 and a quarterly grant of restricted common stock valued at $12,500 to an annual cash compensation of $60,000 for both employee and non-employee directors. This change is retroactive, resulting in the company owing $30,000 to each director, including CEO Thomas Tarala, for service during prior quarters. The new plan standardizes compensation, simplifying the previous combination of cash and stock payments.
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