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Signing Day Sports and BlockchAIn Consummate Business Combination
Globenewswire· 2026-03-16 20:15
Core Viewpoint - BlockchAIn Inc. is set to begin trading on NYSE American under the ticker "AIB" on March 17, 2026, following the successful completion of its business combination with Signing Day Sports and One Blockchain LLC, positioning the company for growth in the AI and HPC sectors [1][2]. Group 1: Business Combination - The business combination results in Signing Day Sports and One Blockchain LLC becoming wholly-owned subsidiaries of BlockchAIn Inc. [1] - The transaction is seen as a significant milestone for BlockchAIn Inc. as it enters public markets [2]. Group 2: Company Operations - BlockchAIn LLC focuses on developing and operating digital infrastructure for high-performance computing (HPC) and artificial intelligence (AI) hosting [4]. - The company has planned AI data center expansions with favorable economics for activation in 2026 and 2027, currently operating a 40 MW data center facility in South Carolina [4]. - In 2024, BlockchAIn LLC generated approximately $22.9 million in revenue and approximately $5.7 million in net income [4]. Group 3: Signing Day Sports - Signing Day Sports aims to assist student-athletes in connecting with college sports programs through its technology platform [5]. - The platform allows student-athletes to create recruitment profiles that include video-verified measurables and academic information [5].
Signing Day Sports and BlockchAIn Provide Update on Expected Ticker Symbol Transition and Common Stock Trading Schedule
Globenewswire· 2026-03-16 11:30
Core Viewpoint - Signing Day Sports and BlockchAIn Inc. are transitioning their stock trading symbols as part of a business combination approved by stockholders, with Signing Day Sports continuing to trade under "SGN" until March 16, 2026, and BlockchAIn Inc. expected to begin trading under "AIB" on March 17, 2026 [1][2][3] Group 1: Business Combination Details - The business combination between Signing Day Sports and BlockchAIn LLC is set to close on March 16, 2026, making them operating subsidiaries of BlockchAIn Inc. [2] - Following the completion of the business combination, BlockchAIn Inc.'s common stock will start trading on the NYSE American under the ticker symbol "AIB" on March 17, 2026, at 9:30 a.m. EDT [3] - The new CUSIP number for BlockchAIn Inc.'s common stock will be 093919108 [3] Group 2: Leadership Statements - Daniel Nelson, CEO of Signing Day Sports, emphasized the importance of providing stockholders with a clear update on the trading schedule and expressed appreciation for their support [4] - Jerry Tang, CEO of BlockchAIn, expressed excitement about the transaction and the potential for the combined company to meet the growing demand for AI and high-performance computing infrastructure [4] Group 3: Company Profiles - BlockchAIn LLC focuses on developing digital infrastructure for high-performance computing and AI hosting, with plans for data center expansions in 2026 and 2027 [6] - In 2024, BlockchAIn LLC generated approximately $22.9 million in revenue and approximately $5.7 million in net income from its existing 40 MW data center facility in South Carolina [6] - Signing Day Sports aims to assist student-athletes in achieving their college sports goals through a recruitment app that allows them to create profiles with video-verified metrics and academic information [7]
Signing Day Sports Stockholders Approve Previously Announced Business Combination with BlockchAIn Digital Infrastructure at Today's Special Meeting of Stockholders
Globenewswire· 2026-03-13 20:05
Core Viewpoint - Signing Day Sports, Inc. has received approval from its stockholders for a business combination with BlockchAIn Digital Infrastructure, Inc., which is expected to close on March 16, 2026, leading to the trading of BlockchAIn Inc.'s common stock on the NYSE American under the ticker symbol "AIB" starting March 17, 2026 [2][3][4] Company Overview - Signing Day Sports aims to assist student-athletes in achieving their goals of playing college sports through a recruitment platform that includes video technology and comprehensive data sets for evaluation [7][8] - BlockchAIn LLC focuses on developing and operating digital infrastructure for high-performance computing (HPC) and AI hosting, with plans for AI data center expansions in 2026 and 2027 [6] Financial Highlights - BlockchAIn LLC generated approximately $22.9 million in revenue and approximately $5.7 million in net income in 2024 from its existing 40 MW data center facility in South Carolina [6] Strategic Direction - The business combination is seen as a strategic move to leverage the strengths of both companies, particularly in pursuing growth opportunities in AI and high-performance computing [4] - The combined organization aims to develop scalable digital infrastructure to meet the increasing demand for AI and advanced computing workloads [4]
SGN Announces BlockchAIn Has Signed LOI for 5 MW AI Infrastructure Deployment, Over $100 Million in Expected Contract Value During Initial Term
Globenewswire· 2026-03-13 12:00
Core Viewpoint - Signing Day Sports, Inc. is advancing its proposed business combination with BlockchAIn LLC, which includes a significant data center lease aimed at supporting next-generation AI infrastructure deployments [1][9]. Company Developments - BlockchAIn LLC has signed a non-binding letter of intent with an international private equity firm for a build-to-suit data center lease that is expected to support approximately 5 megawatts of IT capacity [1][2]. - The project is projected to represent over $100 million in total contract value over an initial 10-year lease term, with potential aggregate total contract value of approximately $300 million, including two seven-year renewal options [3]. Industry Insights - There is a robust demand for power-advantaged infrastructure capable of supporting modern AI and high-performance computing workloads, as noted by BlockchAIn's CEO [4]. - The demand for AI and HPC infrastructure is accelerating as enterprises and cloud infrastructure providers scale next-generation compute deployments [4]. - BlockchAIn's modular infrastructure philosophy is designed to enable rapid deployment and scalable expansion in response to growing AI compute demand [6]. Financial Performance - BlockchAIn LLC operates a 40 MW data center campus in South Carolina, which generated approximately $22.9 million in revenue and approximately $5.7 million in net income in 2024 [8]. Future Outlook - Operations for the new data center are expected to commence approximately six to nine months following lease execution, contingent upon the finalization of definitive agreements [7]. - The company aims to accelerate deployment timelines and reduce capital intensity through its power-first development model [5].
SGN Announces BlockchAIn Has Established a Collaboration with Supermicro for AI Data Center Hardware
Globenewswire· 2026-03-11 12:00
Core Viewpoint - BlockchAIn LLC is collaborating with Supermicro to develop an end-to-end AI infrastructure platform that integrates data center operations with high-density compute hardware, aiming to accelerate revenue generation and reduce costs in AI infrastructure deployment [1][2][3]. Company Overview - Signing Day Sports, Inc. is involved in a proposed business combination with BlockchAIn LLC, which focuses on digital infrastructure for high-performance computing (HPC) and AI hosting [1][5]. - BlockchAIn LLC operates a 40 MW data center in South Carolina, generating approximately $22.9 million in revenue and $5.7 million in net income in 2024 [2][5]. Strategic Initiatives - BlockchAIn LLC's strategy emphasizes a power-first approach, converting volatile electricity into secure AI compute capacity while remaining hardware-agnostic [3][4]. - The collaboration with Supermicro allows BlockchAIn LLC to provide tailored solutions for AI-focused customers, enhancing the reliability and scalability of AI deployments [3][4]. Financial Performance - In 2024, BlockchAIn LLC's operating platform generated approximately $22.9 million in revenue and $5.7 million in net income, indicating a solid financial foundation for future growth [2][5].
Signing Day Sports Announces Anticipated Closing Date for Business Combination with BlockchAIn Digital Infrastructure
Globenewswire· 2026-03-10 12:00
Core Viewpoint - The anticipated business combination between Signing Day Sports and BlockchAIn Digital Infrastructure is set to close on March 16, 2026, allowing BlockchAIn Inc. to begin trading on the NYSE American under the symbol "AIB" [1][2][3]. Company Overview - Signing Day Sports aims to assist student-athletes in achieving their college sports aspirations through a recruitment platform that includes video technology and comprehensive data sets [5]. - BlockchAIn LLC focuses on developing and operating digital infrastructure for high-performance computing (HPC) and AI hosting, with plans for data center expansions in 2026 and 2027 [4]. Financial Performance - BlockchAIn LLC generated approximately $22.9 million in revenue and $5.7 million in net income in 2024 from its existing 40 MW data center facility in South Carolina [4]. Strategic Importance - The business combination is viewed as a significant milestone for both companies, positioning the combined entity as an AI-focused digital infrastructure platform to meet the growing demand for AI and high-performance computing workloads [3].
Signing Day Sports Highlights BlockchAIn’s Modular AI Data Center Strategy and Strategic Electrical Infrastructure Collaboration with PDM
Globenewswire· 2026-03-09 12:00
Core Viewpoint - Signing Day Sports, Inc. is advancing its proposed business combination with BlockchAIn LLC and its affiliates, focusing on developing a U.S.-based platform to meet the growing demand for AI and high-performance computing infrastructure [1][2]. Business Combination Details - The business combination is expected to close in March 2026, pending stockholder and regulatory approvals, with BlockchAIn Inc. shares anticipated to trade on NYSE American under the ticker symbol "AIB" [2]. - The transaction involves Signing Day Sports and BlockchAIn LLC becoming wholly-owned subsidiaries of BlockchAIn Inc. [10]. Infrastructure Development Strategy - BlockchAIn's strategy emphasizes converting strategically located power resources into AI and HPC infrastructure using a modular deployment architecture [2][3]. - This model aims to accelerate development timelines, reduce capital intensity, and scale capacity in response to increasing enterprise and cloud demand for AI compute [3][9]. Strategic Collaborations - BlockchAIn has entered a strategic collaboration with Power and Data Management LLC (PDM) to support its infrastructure rollout, which is expected to facilitate a development pipeline of approximately 5–6 gigawatts (GWs) of data center capacity [4][5]. - PDM's capabilities allow for significantly shorter lead times in delivering electrical infrastructure, which is crucial for accelerating project timelines and mitigating supply chain constraints [6]. Power Access and Market Strategy - A key aspect of BlockchAIn's platform is its access to low-cost, reliable power in U.S. markets that favor digital infrastructure development [7]. - By integrating strategic power access with modular infrastructure deployment, BlockchAIn aims to enhance capital efficiency and speed in generating revenue from AI infrastructure [8][9]. Management Insights - BlockchAIn's management emphasizes that modular deployment improves the economics and execution of data center development, particularly for high-density AI and HPC workloads [10]. - The collaboration with PDM is expected to strengthen BlockchAIn's supply chain for critical electrical equipment, thereby reducing development risks and accelerating deployment [10]. Company Background - BlockchAIn LLC focuses on developing digital infrastructure for HPC and AI hosting, with planned expansions set for 2026 and 2027 [11]. - In 2024, BlockchAIn LLC's existing data center facility in South Carolina generated approximately $22.9 million in revenue and $5.7 million in net income [11].
Signing Day Sports Special Stockholder Meeting to Consider and Vote on Proposed Business Combination with BlockchAIn Digital Infrastructure to Be Held March 13, 2026
Globenewswire· 2026-03-06 13:00
Core Viewpoint - Signing Day Sports is set to hold a special meeting on March 13, 2026, to vote on a proposed business combination with BlockchAIn Digital Infrastructure, which is expected to lead to BlockchAIn Inc. trading on NYSE American under the ticker symbol "AIB" following the completion of the transaction [1][3]. Company Overview - Signing Day Sports aims to assist student-athletes in achieving their college sports aspirations through a recruitment profile app that includes video technology for evaluation [6]. - BlockchAIn LLC focuses on developing and operating digital infrastructure for high-performance computing (HPC) and AI hosting, with plans for data center expansions in 2026 and 2027 [5]. Financial Highlights - BlockchAIn LLC generated approximately $22.9 million in revenue and $5.7 million in net income in 2024 from its existing 40 MW data center facility in South Carolina [5]. Business Combination Details - The business combination agreement between Signing Day Sports and BlockchAIn was initially signed on May 27, 2025, and has undergone amendments [4]. - The transaction is expected to close in March 2026, pending stockholder approval and other closing conditions [4][3]. Leadership Comments - Daniel Nelson, CEO of Signing Day Sports, expressed excitement about the strategic transaction and encouraged stockholders to vote [4]. - Jerry Tang, CEO of BlockchAIn, highlighted the significance of the stockholder vote in bringing their AI-focused platform to public markets and accelerating growth [4].
Scorpio Gold Drills 28.35 Metres Grading 1.25 g/t Gold, from 124.75 Metres Extending Mineralization Along Caldera Within Goldwedge, Manhattan District, Nevada
TMX Newsfile· 2026-02-27 11:00
Core Viewpoint - Scorpio Gold Corp. has announced positive results from its Phase Two drill program at the Manhattan District Project in Nevada, confirming strong gold mineralization and potential for resource expansion [1][2][3]. Drill Results Summary - A total of 47 drill holes have been completed in the Phase Two program, with assays reported for 38 holes totaling 11,907 meters, while results from 9 holes totaling 3,373 meters are pending [1]. - Drill hole 26MN-048 reported significant intervals, including 1.25 g/t gold over 28.35 meters and 0.59 g/t gold over 49.23 meters, confirming vertical continuity and extending the mineralization down-dip [2][7][8]. - Drill hole 26MN-047 returned high-grade results, including 10.36 g/t gold over 1.68 meters, with a notable interval of 22.49 g/t gold over 0.76 meters [6][12]. - Drill hole 26MN-046 confirmed mineralization to the east of the drill hole, indicating the presence of a mineralized fault splay [5][14]. Geological Context - The drill holes targeted the faulted contact zone between caldera volcanics and sedimentary units, which are known to host significant gold mineralization [5][6]. - The Manhattan District is located in the Walker Lane Trend of Nevada, approximately 20 kilometers from the Round Mountain Gold Mine, which has produced over 15 million ounces of gold [16][22]. Company Strategy and Commitment - The company emphasizes a disciplined approach to advancing the Manhattan project, aiming to provide consistent updates and high-quality technical results to shareholders [3]. - The objective is to methodically build scale and expand mineralization beyond the current resource footprint [3].
Signing Day Sports Announces BlockchAIn’s AI-Focused Initiative for Next Generation Power-Advantaged Digital Infrastructure Platform
Globenewswire· 2026-02-25 13:30
Core Insights - Signing Day Sports, Inc. is advancing its proposed business combination with One Blockchain LLC and its affiliates, focusing on leveraging digital infrastructure for AI and high-performance computing [1][6] Group 1: Business Strategy - BlockchAIn LLC aims to utilize its existing data center assets to support AI and HPC applications, enhancing asset utilization and aligning capacity with the growing demand for these workloads [2][5] - The company operates a data center in South Carolina with a capacity of approximately 40 megawatts, which provides a strong foundation for AI and HPC use cases [3][7] Group 2: Financial Performance - For the year ended 2024, BlockchAIn LLC reported revenue of approximately $22.9 million and net income of approximately $5.7 million, indicating a cash-flowing operational base for future expansion [4][7] Group 3: Market Demand - Global demand for AI is accelerating, with power availability being a primary bottleneck to new capacity, suggesting a significant opportunity for BlockchAIn LLC in the AI and HPC market [2][5] Group 4: Future Plans - BlockchAIn LLC has planned expansions for AI data centers with favorable economics set for activation in 2026 and 2027, aiming to become a leader in scalable sustainable power and data infrastructure for AI hosting [7]