Signing Day Sports Announces 1-for-48 Reverse Split
Signing Day SportsSigning Day Sports(US:SGN) GlobeNewswire News Room·2024-11-06 21:15

Company Overview - Signing Day Sports, Inc. is a developer of an app and platform designed to assist high school athletes in the recruitment process for college sports [3] Stock Split Announcement - The company will implement a 1-for-48 reverse stock split effective November 16, 2024, reducing the number of outstanding shares from approximately 27.02 million to about 0.56 million [1][2] - Following the reverse split, the public float will decrease from approximately 20.56 million shares to around 0.43 million shares [2] - The shares will continue to trade on NYSE American under the symbol "SGN" and will begin trading on a split-adjusted basis on November 18, 2024 [2]