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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]
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 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].
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]
Signing Day Sports Announces Effectiveness of Form S-4 Registration Statement and March 13, 2026 Special Stockholder Meeting to Approve Business Combination with BlockchAIn
Globenewswire· 2026-02-17 13:30
Core Viewpoint - Signing Day Sports is moving forward with a business combination with BlockchAIn Digital Infrastructure, Inc., which has been declared effective by the SEC, allowing BlockchAIn Inc. to trade on NYSE American under the ticker symbol "AIB" following the completion of the transaction [1][4]. Company Overview - Signing Day Sports aims to assist student-athletes in achieving their college sports goals through a recruitment platform that includes video technology and comprehensive data sets [6]. - 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 [5]. Financial Performance - BlockchAIn LLC's existing 40 MW data center facility in South Carolina generated approximately $22.9 million in revenue and approximately $5.7 million in net income in 2024 [5]. Business Combination Details - The business combination agreement between Signing Day Sports and BlockchAIn was initially entered into on May 27, 2025, and has undergone amendments [4]. - A special meeting for stockholders to vote on the business combination is scheduled for March 13, 2026, with relevant materials to be distributed around February 18, 2026 [2][3].
Signing Day Sports Announces Eyal Rozen Named as Chief Operating Officer of BlockchAIn
Globenewswire· 2026-02-12 13:45
Core Insights - Signing Day Sports, Inc. has appointed Eyal Rozen as Chief Operating Officer of One Blockchain LLC, effective January 2026, to enhance operational execution and business development initiatives as the company prepares for a business combination with BlockchAIn Inc. [1][3] Company Overview - Signing Day Sports is focused on helping student-athletes achieve their goals of playing college sports through a recruitment app that allows athletes to build profiles with video-verified measurables and academic information [8] - BlockchAIn LLC is a developer and operator of digital infrastructure, concentrating on high-performance computing (HPC) and artificial intelligence (AI) hosting, with plans for data center expansions in 2026 and 2027 [6] Business Combination Details - Signing Day Sports entered into a Business Combination Agreement with BlockchAIn Digital Infrastructure, Inc. on May 27, 2025, with the transaction expected to close in March 2026, pending shareholder and NYSE American listing approvals [2][10] - Upon closing, Eyal Rozen will serve as Chief Operating Officer of BlockchAIn Inc., leading operational execution and supporting the strategy to scale HPC and AI infrastructure [3][5] Financial Performance - BlockchAIn LLC's existing 40 MW data center facility in South Carolina generated approximately $22.9 million in revenue and $5.7 million in net income in 2024 [6]
Signing Day Sports, Inc. Provides Response to Unusual Market Action
Globenewswire· 2026-01-20 21:15
Core Viewpoint - Signing Day Sports, Inc. has reported unusual trading activity in its common stock on January 20, 2026, and has not identified any material developments or reasons for this market action [1]. Company Overview - Signing Day Sports aims to assist student-athletes in achieving their goals of playing college sports through its app, which allows them to create recruitment profiles that include essential information for college coaches [2]. - The app features a platform for uploading a comprehensive dataset, including video-verified measurables (height, weight, 40-yard dash, wingspan, hand size), academic information (official transcripts, SAT/ACT scores), and technical skill videos [2].
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]