Core Insights - Signing Day Sports, Inc. is entering a Business Combination Agreement with One Blockchain LLC, which will result in both companies becoming subsidiaries of BlockchAIn Digital Infrastructure, Inc. [2][4] - The combined entity will continue One Blockchain's operations, which include a 40 MW Bitcoin mining facility in South Carolina and plans for a 150 MW facility in Texas by 2027 [2][6] - One Blockchain reported approximately $22.9 million in revenue and $5.7 million in net income for 2024 [2][6] Company Overview - Signing Day Sports aims to assist high school athletes in the recruitment process through its app, which allows athletes to create recruitment profiles with video-verified metrics and academic information [5] - One Blockchain focuses on developing and operating digital infrastructure for Bitcoin mining and high-performance computing [6] Business Combination Details - The closing of the business combination is anticipated in late Q4 2025 or early Q1 2026, contingent upon various conditions including SEC approval and stockholder consent [4] - A registration statement on Form S-4 has been submitted to the SEC, with revisions made in response to SEC comments [3]
Signing Day Sports Reports Continued Progress Toward Business Combination with One Blockchain