Signing Day Sports Announces Closing of $5.6 Million Public Offering

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]