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Signing Day Sports Announces Filing of Registration Statement on Form S-4 for Proposed Business Combination with One Blockchain LLC
Globenewswire· 2025-12-01 11:50
Core Viewpoint - Signing Day Sports, Inc. is progressing towards a business combination with BlockchAIn Digital Infrastructure, Inc. and One Blockchain LLC, aiming to enhance its recruitment platform for high school athletes and college coaches through this strategic alignment [1][2]. Company Overview - Signing Day Sports is focused on improving the recruiting process for student-athletes, providing a platform that allows them to create recruitment profiles with necessary information for college coaches [3]. - One Blockchain LLC specializes in digital infrastructure, particularly in Bitcoin mining and high-performance computing, operating a significant data center in South Carolina that generated approximately $22.9 million in revenue and $5.7 million in net income in 2024 [4]. Business Combination Details - The Registration Statement on Form S-4 has been filed with the SEC, detailing the proposed business combination and the listing of BlockchAIn common shares on NYSE American under the ticker symbol "AIB" [1][2]. - The business combination agreement was initially entered into on May 27, 2025, and amended on November 10, 2025, marking a significant milestone for both companies [2]. Strategic Benefits - The combined entity is expected to leverage Signing Day Sports' technology-driven recruitment platform alongside One Blockchain's digital infrastructure, enhancing financial flexibility and technical capabilities [2]. - This merger is anticipated to accelerate innovation, expand market opportunities, and strengthen the competitive position of the combined company, ultimately creating long-term value for shareholders [2].
Signing Day Sports/U.S. Army Bowl Combines Provide Recruitment Opportunities, Draw Strong Participation
Newsfilter· 2025-04-17 10:30
Core Insights - Signing Day Sports has successfully hosted five combines in various cities, attracting nearly 1,000 high school football athletes, indicating strong demand for recruiting exposure and development opportunities [2][4] - The company emphasizes the effectiveness of its platform through success stories of student-athletes who gained scholarship offers after participating in combines, showcasing the impact of its technology and outreach [3][4] - The company plans to expand its national footprint with additional combines scheduled in Dallas, Dayton, and Denver, aiming to enhance services and support for student-athletes [4][5] Company Activities - The combines have taken place in Atlanta, Orlando, Chicago, Phoenix, and Jackson, with a focus on providing recruiting exposure [2] - Weekly X Spaces Recruiting Webinars have been hosted as part of the company's digital engagement strategy, aimed at increasing visibility for student-athletes [3] - The company highlights the journeys of Amiri Acker and Cooper Crosby, who gained significant attention from college programs after their performances at the combines [3][6] Future Plans - Signing Day Sports is committed to supporting student-athletes by expanding its services and enhancing visibility through its digital platform [4] - The company aims to connect student-athletes directly with college football programs, promoting top performers from each combine [5][7] - The National Combine is scheduled for December 2025, further emphasizing the company's commitment to providing opportunities for aspiring college athletes [5]
Signing Day Sports Provides Announcement on 2024 Annual Report
Newsfilter· 2025-04-11 20:30
Group 1 - Signing Day Sports, Inc. has reported its audited consolidated financial statements for the fiscal year ended December 31, 2024, which included an audit opinion with a going concern emphasis from its independent registered public accounting firm [1] - The release of this information is in compliance with Sections 401(h) and 610(b) of the NYSE American LLC Company Guide [1] - There are no changes or amendments to the Company's filings for the fiscal year ended December 31, 2024 [1] Group 2 - Signing Day Sports aims to assist student-athletes in achieving their goal of playing college sports through its app [2] - The app allows student-athletes to create a recruitment profile that includes essential information for college coaches, utilizing video technology for evaluation [2]
Signing Day Sports to Prioritize Strategic Focus on Technology and Customer Growth Opportunities while Simultaneously Exploring Potential Merger and Acquisition Opportunities
Globenewswire· 2025-03-06 11:30
Core Viewpoint - Signing Day Sports, Inc. has terminated its stock purchase agreement to acquire 99.13% of Dear Cashmere Group Holding Company due to the inability to satisfy certain material conditions for closing the transaction [1] Group 1: Company Strategy and Operations - The board of directors is collaborating with management to refine the company's strategy, explore merger and acquisition opportunities, and assess additional financing options [2] - Signing Day Sports will continue to focus on technology and customer growth, aiming to deliver greater customer value through expanded services such as recruiting webinars and app features [3] - The company is committed to expanding its customer base and geographic reach [3] Group 2: Leadership and Vision - CEO Daniel Nelson emphasized the importance of prioritizing customer needs and expressed pride in the team's focus and determination during the acquisition process [4] - The company aims to engage with customers, partners, and the financial community to share its vision for future success and long-term shareholder value [4] Group 3: Company Background - Signing Day Sports' mission is to assist student-athletes in achieving their goals of playing college sports through its recruitment profile app, which includes video technology for evaluation by college coaches [5]