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Signing Day Sports, Inc. Provides Response to Unusual Market Action
Globenewswire· 2026-01-20 21:15
SCOTTSDALE, AZ, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Signing Day Sports, Inc. (“Signing Day Sports” or the “Company”) (NYSE American: SGN), today announced that the Company had become aware of unusual trading activity in its common stock on the NYSE American LLC on January 20, 2026. The Company is issuing this press release pursuant to Section 401(d) of the NYSE American LLC Company Guide. The Company has made inquiries and has been unable to determine whether corrective actions are appropriate at this time. T ...
Signing Day Sports Provides Update on Business Combination with BlockchAIn
Globenewswire· 2026-01-20 13:00
Core Insights - The proposed business combination between Signing Day Sports and BlockchAIn aims to create a cash-generating, AI-focused digital infrastructure platform that will support high-performance computing and data-intensive workloads [1][2] Business Overview - The combined company will operate as an AI-focused digital infrastructure platform with a scalable infrastructure footprint in business-friendly U.S. jurisdictions [2] - BlockchAIn LLC generated approximately $22.9 million in revenue and approximately $5.7 million in net income in 2024, showcasing the strength of its operating platform [5][13] Infrastructure and Expansion - BlockchAIn's infrastructure roadmap includes a modular data center platform designed to support AI, machine learning, and HPC workloads, with plans to expand data center capacity from 40 megawatts (MW) to approximately 200 MW over time [7][11] - The company has access to low-cost, reliable power in strategic U.S. markets, which is critical for the deployment of next-generation computing infrastructure [3][4] Strategic Focus - The business combination is expected to enhance the combined company's growth potential, improve access to capital markets, and provide a scalable business model supported by existing cash flow [9][10] - Management emphasizes the importance of power economics, reliability, and location in the success of AI infrastructure [4][10] Future Outlook - The transaction is anticipated to close in February or March 2026, subject to shareholder approval and regulatory conditions [12] - The combined platform is positioned to support long-term demand for AI-driven computing infrastructure, leveraging disciplined operations and a scalable development roadmap [11]
Scorpio Gold to Participate at the Metals Investor Forum and Hosts Open House
TMX Newsfile· 2026-01-17 02:06
Core Viewpoint - Scorpio Gold Corporation is actively engaging with investors through participation in upcoming events and has announced the issuance of stock options to its management team, indicating a focus on growth and investor relations. Group 1: Upcoming Events - Scorpio Gold will participate in the Metals Investor Forum in Vancouver on January 23rd and 24th, where CEO Zayn Kalyan will present and engage in a Q&A session [1] - The company will host an open house at its Vancouver office on January 26, 2026, during the AME Round Up and Vancouver Resource Investment Conference, inviting shareholders and the investment community to interact with management [2] Group 2: Stock Options Issuance - The company has issued 6,465,000 incentive stock options to directors, officers, and consultants, with an exercise price of $0.37 per share and an expiry date of January 16, 2031 [4] - Of the options granted, 2,900,000 were to officers and directors, classified as related party transactions, which were exempt from formal valuation and minority shareholder approval requirements [5] Group 3: Manhattan District Overview - The Manhattan District, located in Nevada, has historically produced approximately 700,000 ounces of gold and is now consolidated under Scorpio Gold, which holds valuable permitting and water rights [6] - The maiden mineral resource estimate for the Goldwedge and Manhattan Pit areas indicates 18,343,000 tonnes grading 1.26 g/t gold, totaling 740,000 ounces of contained gold in the inferred category [6] - A historical mineral resource estimate for other areas within Manhattan shows 1,652,325 tonnes grading 5.89 g/t gold, totaling 303,949 ounces of contained gold [6]
Signing Day Sports Announces Closing of $5.6 Million Public Offering
Globenewswire· 2026-01-15 18:50
Core Viewpoint - Signing Day Sports, Inc. has successfully closed a public offering of 9,483,500 shares of common stock, along with warrants to purchase an additional 14,225,250 shares, at a price of $0.5905 per share [1] Group 1: Offering Details - The warrants are initially exercisable at a price of $0.7086 per share, with a zero cash exercise option available until January 23, 2026, subject to a floor price of $0.6760 per share [2] - Gross proceeds from the offering, before deducting underwriting discounts and commissions, were approximately $5.6 million [3] - The offering was managed by Maxim Group LLC as the sole book-running manager [3] Group 2: Regulatory Information - A registration statement on Form S-1 was filed with the U.S. Securities and Exchange Commission (SEC) and declared effective on January 13, 2026 [4] - A final prospectus related to the offering has been filed with the SEC and is available on their website [4] Group 3: Company Overview - Signing Day Sports aims to assist student-athletes in the recruitment process for college sports through its app, which allows users to create recruitment profiles with video-verified measurables and academic information [6]
Scorpio Gold Announces Option of Betty East Property, Extending Claim Package at Manhattan District, Nevada
TMX Newsfile· 2026-01-15 11:00
Core Viewpoint - Scorpio Gold Corporation has entered into a property option agreement to acquire a 100% interest in the Betty East Property, enhancing its exploration footprint in the Manhattan District of Nevada [1][6]. Property Details - The Betty East Property consists of thirty-two unpatented lode mining claims located in Nye County, Nevada [1]. - Historical exploration has been limited, with Nevada Goldfields Inc. conducting shallow drilling in the early 1990s, identifying near-surface gold mineralization [2]. - Recent work by Sierra Grande Minerals Inc. included a soil geochemical survey that revealed high gold soil results, with values of 6.27, 5.06, 1.19, and 0.69 g/t Au [3]. - Additional sampling outlined a broad zone with elevated levels of As, Hg, Ag, Sb, Mo, and locally elevated Au, extending over 1.5 km in length and up to 1 km in width [4]. Geological Context - The Property is geologically contiguous with the southern portion of the Manhattan District, suggesting potential for both shallow oxide mineralization and deeper mineralized systems [5]. - Scorpio Gold has staked additional claims to consolidate land coverage, enhancing exploration capabilities across the district [5][6]. Agreement Terms - The option agreement requires staged cash and share payments totaling USD$900,000 and 950,000 common shares, along with USD$1,000,000 in exploration expenditures over five years [7][9]. - Payments are structured in stages, with initial payments of USD$30,000 and 100,000 shares due within five days of the agreement's effective date [9]. - Upon exercising the option, the Optionor will receive a 2% net smelter returns royalty, with the Company retaining the right to buy back half of this royalty [10]. Historical Context - The Manhattan District has historically produced approximately 700,000 ounces of gold, with significant past-producing mines now consolidated under Scorpio Gold [12]. - The maiden mineral resource estimate indicates 18,343,000 tonnes grading 1.26 g/t gold, totaling 740,000 ounces of contained gold in the inferred category [12].
Signing Day Sports Announces Closing of $5.6 Million Public Offering
Globenewswire· 2026-01-14 20:45
Core Viewpoint - Signing Day Sports, Inc. has successfully closed a public offering of 9,483,500 shares of common stock at a price of $0.5905 per share, along with warrants to purchase an additional 14,225,250 shares [1][3] Group 1: Offering Details - The warrants are initially exercisable at $0.7086 per share and can be exercised on a zero cash basis, subject to a floor price of $0.6760 per share until January 23, 2026 [2] - The gross proceeds from the offering, before deducting underwriting discounts and commissions, were approximately $5.6 million [3] - The offering was conducted under a registration statement that was declared effective by the SEC on January 13, 2026 [4] Group 2: Company Overview - Signing Day Sports aims to assist student-athletes in the recruitment process for college sports through its app, which allows users to create recruitment profiles with video-verified measurables and academic information [6]
Crude Oil Rises Sharply; US Inflation Rate Holds Steady At 2.7% - Ambitions Enterprise Mgmt (NASDAQ:AHMA), Signing Day Sports (AMEX:SGN)
Benzinga· 2026-01-13 17:37
Market Performance - U.S. stocks showed mixed performance with the Dow Jones index falling over 200 points, down 0.60% to 49,293.33, while the NASDAQ gained 0.17% to 23,773.29 and the S&P 500 dropped 0.08% to 6,971.95 [1] - In the energy sector, shares increased by 1.4%, while financial stocks decreased by 1.8% [1] Inflation Data - Inflation remained steady in December, with the Consumer Price Index rising 2.7% year over year, matching economist expectations and unchanged from November [2] - Monthly consumer prices increased by 0.3%, also in line with forecasts [2] Commodity Prices - Oil prices rose by 2.6% to $61.06, while gold increased by 0.1% to $4,620.80 [4] - Silver prices surged by 4.4% to $88.860, whereas copper fell by 0.1% to $6.0295 [4] European Market Trends - European shares were mixed, with the eurozone's STOXX 600 falling 0.08% and Spain's IBEX 35 Index rising 0.08% [5] - London's FTSE 100 slipped 0.03%, Germany's DAX gained 0.06%, and France's CAC 40 fell 0.14% [5] Asian Market Performance - Asian markets closed mixed, with Japan's Nikkei surging 3.10% and Hong Kong's Hang Seng Index gaining 0.90% [8] - Conversely, China's Shanghai Composite fell 0.64% and India's BSE Sensex decreased by 0.30% [8] Company-Specific Movements - Beyond Air Inc shares surged 172% to $2.39 following an acquisition agreement, potentially receiving up to $32.5 million [7] - Ambitions Enterprise Management Co LLC shares increased by 106% to $10.90 due to a year-over-year EPS increase [7] - TryHard Holdings Ltd shares rose by 77% to $40.96 after announcing a collaboration agreement and a $10 million share repurchase program [7] - Signing Day Sports Inc shares dropped 57% to $0.25 after announcing a public offering [7] - Travere Therapeutics Inc shares fell 32% to $23.16 following preliminary fourth-quarter financial results [7] - Wealthfront Corp shares decreased by 18% to $10.34 due to weak quarterly sales [7]
Signing Day Sports Announces Pricing of $5.6 Million Public Offering
Globenewswire· 2026-01-13 14:15
SCOTTSDALE, Arizona, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Signing Day Sports, Inc. (“Signing Day Sports” or the “Company”) (NYSE American: SGN), the developer of the Signing Day Sports app and platform to aid high school athletes in the recruitment process, today announced the pricing of its public offering of 9,483,500 shares of common stock, which are being offered together with warrants to purchase 14,225,250 shares of common stock, at a public offering price of $0.5905 per share and accompanying warrant. T ...
Signing Day Sports(SGN) - Prospectus(update)
2026-01-12 14:21
As filed with the Securities and Exchange Commission on January 12, 2026. Registration No. 333-292569 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Signing Day Sports, Inc. (Exact name of registrant as specified in its charter) Delaware 7389 87-2792157 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identificati ...
Signing Day Sports Hosts 2025 Military Appreciation Bowl National Combine At The Star In Frisco, Texas
Globenewswire· 2026-01-08 14:30
SCOTTSDALE, AZ, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Signing Day Sports, Inc. (“Signing Day Sports” or the “Company”) (NYSE American: SGN), the developer of the Signing Day Sports app and platform dedicated to improving the recruiting process for high school athletes and college coaches, today announced the conclusion of the 2025 Military Appreciation Bowl National Combine, held December 18–21 at The Star in Frisco, Texas, the world headquarters and practice facility of the Dallas Cowboys. The four-day Nationa ...