Signing Day Sports, Inc. (SGN)

Signing Day Sports, Inc. was a technology company based in Scottsdale, Arizona, that developed a mobile application and web platform aimed at the amateur athlete recruiting process. The service was built to let high school and other amateur athletes create profiles, share highlight videos and statistics, and be discovered by college coaches and recruiters. The company positioned its software as a way to make the path to college athletics more organized and accessible for athletes and their families.

The platform combined a profile and networking function with tools for coaches to search for prospects and manage their recruiting pipelines. Athletes could build digital resumes that collected academic information, performance data and video, while coaches could review candidates across multiple sports. The company generated revenue primarily from subscriptions and related services sold to athletes and their families, and it operated in a market where numerous competing recruiting services and social media channels also compete for attention.

Signing Day Sports became a public company through an initial public offering in late 2023, with its common stock listed on the NYSE American under the ticker symbol SGN. The offering was relatively small and was priced below its originally contemplated size. As with many early-stage consumer software companies that go public with limited capital, the company reported net losses and relied on additional equity financing and other funding arrangements to continue operations after its listing.

In the period leading up to the delisting, the company pursued a strategic transaction with BlockchAIn Digital Infrastructure, a company focused on digital infrastructure. The merger agreement was put to a stockholder vote, and the proposed combination was described in proxy materials as a business combination in which Signing Day Sports would become a subsidiary of BlockchAIn.

The business combination closed on March 16, 2026. Under the terms of the transaction, each share of Signing Day Sports common stock was exchanged for 0.09334 of a share of BlockchAIn common stock, and Signing Day Sports became a wholly owned subsidiary of BlockchAIn Digital Infrastructure. The exchange ratio reflected the relative valuations agreed by the two companies in the merger agreement.

Following the closing, Signing Day Sports shares ceased trading on the NYSE American on March 17, 2026, and the SGN ticker was retired. BlockchAIn common shares began trading on the NYSE American on the same day under the new ticker symbol AIB. A Form 25 relating to the Signing Day Sports securities was filed with the Securities and Exchange Commission in mid-March 2026. Former Signing Day Sports shareholders therefore hold their interest through BlockchAIn common stock, which continues to trade on the same exchange.