Welcome to our dedicated page for SIGNING DAY SPORTS news (Ticker: SGN), a resource for investors and traders seeking the latest updates and insights on SIGNING DAY SPORTS stock.
Signing Day Sports Inc (SGN) operates a pioneering sports technology platform that transforms student-athlete recruitment through video-verified profiles and event partnerships. This page serves as the definitive source for official company announcements, financial updates, and strategic developments.
Investors and stakeholders will find timely updates on earnings reports, platform enhancements, and partnership expansions. Media professionals gain access to verified press releases about SGN's hybrid revenue model and its role in modernizing athletic recruitment through digital innovation.
The news collection covers product launches, combine event collaborations, and operational milestones. All content is curated to provide actionable insights while maintaining compliance with financial disclosure standards.
Bookmark this page for streamlined access to SGN's evolving role in sports technology. Regularly updated content ensures you stay informed about critical developments affecting the athlete recruitment ecosystem.
Signing Day Sports (NYSE:SGN) reported selected results for the quarter ended September 30, 2025. Revenue was approximately $31 thousand versus $55 thousand, while cost of revenues fell to $9 thousand39% to $887 thousand producing a net loss of approximately $566 thousand versus ~$1.6 million a year earlier. Cash and cash equivalents increased to about $216 thousand and total assets were ~$1.0 million. The company reiterated progress on its proposed business combination with One Blockchain LLC and cited a Q3 basketball launch and an upcoming national football combine in Q4.
Signing Day Sports (NYSE American: SGN) announced expansion into college basketball recruitment and hosted its first basketball combine on Oct 9, 2025 in Salt Lake City, Utah. The Company said former NBA player Thurl Bailey helped design the upcoming basketball recruiting app and collaborated on the inaugural event.
The launch aims to extend Signing Day Sports’ verified, data-driven recruiting platform—including video-verified measurables and academic data—to basketball student-athletes, with additional combines and feature rollouts planned over the coming months.
Signing Day Sports (NYSE American: SGN) announced progress on a proposed business combination with One Blockchain and affiliate BlockchAIn under a holding company structure, with the combined company to operate One Blockchain’s Bitcoin mining and planned high‑performance AI computing activities.
Key facts: One Blockchain 2024 revenue $22.9M and net income $5.7M; existing 40 MW South Carolina facility (expansion to 50 MW possible) and a targeted modular 150 MW Texas facility for 2027. Closing expected late Q4 2025 or Q1 2026, subject to SEC S‑4 effectiveness, NYSE American listing approval, and shareholder approvals.
Signing Day Sports (NYSE American: SGN) reported its Q2 2025 financial results, highlighting improvements in its balance sheet despite ongoing losses. The company's total assets reached $1.4 million, exceeding total liabilities of $1.1 million. Cash and cash equivalents increased significantly to $657,000 from $181,000 at year-end 2024.
Revenue declined to $67,000 in Q2 2025 from $205,000 in Q2 2024, while net loss slightly increased to $1.4 million from $1.3 million year-over-year. The company achieved a 69.8% reduction in accounts payable compared to December 2024 and fully repaid its outstanding loans, demonstrating progress in strengthening its financial foundation.
Signing Day Sports (NYSE American: SGN) has announced a significant milestone in its planned business combination with One Blockchain LLC. The company has confidentially submitted a draft Form S-4 registration statement to the SEC, which includes a preliminary prospectus and proxy statement.
One Blockchain, a digital infrastructure developer focused on Bitcoin mining and high-performance computing, operates a 40 MW data center facility in South Carolina. In 2024, this facility generated $26.8 million in revenue and $5.7 million in net income.
The business combination, initially announced on May 28, 2025, is subject to various conditions, including Signing Day Sports stockholder approval and NYSE American listing approval for BlockchAIn Digital Infrastructure's common shares.
Signing Day Sports (NYSE: SGN) has signed a definitive agreement to acquire One Blockchain LLC, operating as BlockchAIn Digital Infrastructure (blockchAIn DI), in a business combination valued at approximately $215 million. BlockchAIn DI, a profitable data hosting company, generated $26.8 million in revenue and $5.7 million in net income in 2024.
The combined company will focus on crypto mining, AI, and high-performance computing data hosting markets. BlockchAIn DI currently operates a 40MW facility in South Carolina with 10MW expansion potential and plans to commission a new 150MW facility in Texas by late 2026. Post-merger, BlockchAIn DI shareholders will own approximately 91.5% of the combined company, while SGN shareholders will retain 8.5%.
The deal includes an earnout provision of additional shares if the company achieves EBITDA of $25 million in 2026. The transaction is expected to close in late 2025, subject to shareholder approval and NYSE American listing requirements.
Signing Day Sports (NYSE: SGN) provided an update on its 2025 Military Appreciation U.S. Army Bowl National Combine Series. The company has successfully hosted five combines across different cities, attracting nearly 1,000 high school football athletes. The combines have shown significant success in creating recruitment opportunities, as demonstrated by two highlighted athletes who secured multiple scholarship offers after participating.
The company hosts weekly X Spaces Recruiting Webinars through its 'Signing Day Sports Recruiting' series to showcase top performers and promote athletes invited to the December 2025 National Combine. Two success stories were highlighted: Amiri Acker from Atlanta combine secured offers from nine universities, and Cooper Crosby from Jackson combine received offers from four institutions.
Additional combines are scheduled in Dallas, Dayton, and Denver, as the company continues to expand its national footprint and enhance services through its digital platform.
Signing Day Sports (NYSE: SGN) has signed a non-binding letter of intent to acquire blockchAIn Digital Infrastructure in an all-equity transaction valued at approximately $215 million. blockchAIn DI, which generated unaudited revenue of $26.8 million and net income of $4.0 million in 2024, operates in crypto mining, AI, and HPC data hosting markets.
The company currently operates a 40 MW crypto mining facility in South Carolina with expansion capability to 50 MW, and is developing a new 150 MW facility in Texas for activation in late 2026. Post-merger, blockchAIn DI shareholders will own approximately 91.5% of the combined company, while SGN shareholders will retain 8.5%.
The LOI includes a 45-day exclusivity period ending April 11, 2025. The transaction completion is subject to due diligence, definitive agreements, regulatory approvals, and other closing conditions.
Signing Day Sports (NYSE: SGN) reported significant financial growth for the year ended December 31, 2024. The company, which develops an app platform for high school athlete recruitment, achieved 100% revenue growth, reaching $0.6 million compared to $0.3 million in 2023. Gross profit increased to $0.4 million from $0.3 million.
Key financial metrics include:
- Cost of revenues: $0.2 million (2024) vs $0.04 million (2023)
- Advertising expenses: $0.09 million (2024) vs $0.4 million (2023)
- General administrative expenses: $7.8 million (2024) vs $4.6 million (2023)
- Net loss: $8.7 million with $19.86 loss per share (2024) vs $5.5 million with $19.85 loss per share (2023)
The company maintains strategic partnerships, including collaboration with the U.S. Army Bowl, and plans to focus on technology advancement, customer growth, recruiting webinars, and expanding their coaches' contact list.
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