Signing Day Sports Announces Anticipated Closing Date for Business Combination with BlockchAIn Digital Infrastructure
Rhea-AI Summary
Signing Day Sports (NYSE: SGN) said the proposed business combination with BlockchAIn is anticipated to close on March 16, 2026, subject to stockholder approval and other closing conditions. At closing, Signing Day Sports and BlockchAIn LLC are expected to become operating subsidiaries of BlockchAIn Inc.
Following closing, BlockchAIn Inc.’s common stock is expected to begin trading on the NYSE American under the symbol AIB at the commencement of regular trading hours.
Positive
- Anticipated public listing on NYSE American under symbol AIB
- Signing Day Sports to become an operating subsidiary of BlockchAIn Inc.
Negative
- Closing is conditional on stockholder approval and other closing conditions
- Anticipated closing date may shift or fail if conditions are unmet
News Market Reaction – SGN
In the Mar 10 session, SGN gained 18.33%, reflecting a significant positive market reaction. Argus tracked a peak move of +47.3% during that session. Our momentum scanner triggered 52 alerts that day, indicating high trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Mar 09 | AI strategy update | Positive | +16.3% | Details on BlockchAIn’s modular AI data center strategy and PDM collaboration. |
| Mar 06 | Meeting announcement | Positive | -7.1% | Scheduling March 13, 2026 special meeting to vote on Business Combination. |
| Feb 25 | AI initiative update | Positive | +12.7% | Disclosure of BlockchAIn’s AI-focused repurposing of existing data center assets. |
| Feb 17 | S-4 effectiveness | Positive | +67.7% | Form S-4 declared effective and special meeting date set for approval vote. |
| Feb 12 | Management appointment | Positive | +29.1% | Appointment of Eyal Rozen as COO of BlockchAIn LLC ahead of closing. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent BlockchAIn transaction updates have usually driven strong positive moves, with one pullback on the stockholder meeting announcement.
Over the past month, SGN news has centered on its proposed Business Combination with BlockchAIn. Key milestones included the Form S-4 effectiveness on January 30, 2026, the COO appointment to prepare operations, and repeated confirmations that the combined company aims to trade as AIB on NYSE American. These updates often coincided with sizable gains, such as +67.69% on February 17, 2026 and other double‑digit advances, showing market sensitivity to progress toward closing.
Key Terms
business combination financial
nyse american financial
high-performance computing technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
BlockchAIn Digital Infrastructure Shares Expected to Begin Trading on March 16, 2026 on NYSE American Under Symbol “AIB” Following Completion of Proposed Business Combination
SCOTTSDALE, AZ, March 10, 2026 (GLOBE NEWSWIRE) -- Signing Day Sports, Inc. (“Signing Day Sports” or the “Company”) (NYSE American: SGN), today announced that the closing of its previously announced proposed business combination (the “Business Combination”) with BlockchAIn Digital Infrastructure, Inc. (“BlockchAIn Inc.”), One Blockchain LLC (“BlockchAIn LLC,” and together with BlockchAIn Inc., “BlockchAIn”), and certain affiliates of BlockchAIn, is anticipated to occur on March 16, 2026, subject to stockholder approval and other closing conditions.
The closing of the transaction is anticipated to occur prior to the commencement of regular trading hours on March 16, 2026. At the time of closing, Signing Day Sports and BlockchAIn LLC are expected to become operating subsidiaries of BlockchAIn Inc. Following closing, BlockchAIn Inc.’s common stock is expected to begin trading on the NYSE American at the commencement of regular trading hours under the symbol “AIB”.
“We are pleased to announce the anticipated closing date of the Business Combination, which represents an important milestone for Signing Day Sports and our stockholders,” said Daniel Nelson, Chief Executive Officer of Signing Day Sports. “We believe the combined company will be well-positioned as an AI-focused digital infrastructure platform, and we look forward to completing the transaction and beginning the next chapter as a part of BlockchAIn Inc. on the NYSE American.”
Jerry Tang, Chief Executive Officer of BlockchAIn, added, “We are excited to be approaching the anticipated closing of this transaction and listing of BlockchAIn Inc. on the NYSE American. Becoming a publicly traded company represents an important step as we continue executing our strategy to develop scalable digital infrastructure designed to support the rapidly growing demand for AI and high-performance computing workloads.”
About One Blockchain LLC
BlockchAIn LLC is a developer and operator of digital infrastructure focused on HPC and AI hosting. BlockchAIn LLC has planned AI data center expansions with favorable economics for activation in 2026 and 2027. BlockchAIn LLC operations are currently centered around its existing 40 MW data center facility in South Carolina. In 2024, this facility generated approximately
About Signing Day Sports, Inc.
Signing Day Sports’ mission is to help student-athletes achieve their goal of playing college sports. Signing Day Sports' app allows student-athletes to build their Signing Day Sports' recruitment profile, which includes information college coaches need to evaluate and verify them through video technology. The Signing Day Sports app includes a platform to upload a comprehensive data set including video-verified measurables (such as height, weight, 40-yard dash, wingspan, and hand size), academic information (such as official transcripts and SAT/ACT scores), and technical skill videos (such as drills and mechanics that exemplify player mechanics, coordination, and development). For more information on Signing Day Sports, go to https://bit.ly/SigningDaySports.
Investor Contacts:
Crescendo Communications, LLC
212-671-1020
SGN@crescendo-ir.com
Forward-Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “may,” “could,” “will,” “should,” “would,” “expect,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “project” or “continue” or the negative of these terms or other comparable terminology and include, but are not limited to, statements regarding the proposed business combination, the expected listing of the combined company’s common stock on NYSE American under the ticker symbol “AIB” and the anticipated benefits of the transaction. These statements are only predictions. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors, including without limitation, the parties’ ability to complete the transaction, the parties’ ability to integrate their respective businesses into a combined publicly listed company post-merger, the ability of the parties to obtain all necessary consents and approvals in connection with the transaction, obtain stock exchange clearance of a listing application in connection with the transaction, the parties’ ability to obtain their respective equity securityholders’ approval, and obtain sufficient funding to maintain operations and develop additional services and offerings, market acceptance of the parties’ current products and services and planned offerings, competition from existing or new offerings that may emerge, impacts from strategic changes to the parties’ business on net sales, revenues, income from continuing operations, or other results of operations, the parties’ ability to attract new users and customers, the parties’ ability to retain or obtain intellectual property rights, the parties’ ability to adequately support future growth, the parties’ ability to comply with user data privacy laws and other current or anticipated legal requirements, and the parties’ ability to attract and retain key personnel to manage their business effectively. These risks, uncertainties and other factors are described more fully in the section titled “Risk Factors” of the Registration Statement (as defined below), and are further described in the Proxy Statement/Prospectus (as defined below) that was publicly filed with the U.S. Securities and Exchange Commission (the “SEC”) relating to this transaction. See also the section titled “Risk Factors” in the Company’s periodic reports which are filed with the SEC. These risks, uncertainties and other factors are, in some cases, beyond the parties’ control and could materially affect results. If one or more of these risks, uncertainties or other factors become applicable, or if these underlying assumptions prove to be incorrect, actual events or results may vary significantly from those implied or projected by the forward-looking statements. No forward-looking statement is a guarantee of future performance. All subsequent written and oral forward-looking statements concerning Signing Day Sports, BlockchAIn, or any of their affiliates, or other matters and attributable to Signing Day Sports, BlockchAIn, any of their affiliates, or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.
Additional Information and Where to Find It
In connection with the Business Combination, BlockchAIn Inc. has filed relevant materials with the SEC, including a Registration Statement on Form S-4 filed on December 1, 2025, as amended on December 23, 2025, January 21, 2026, January 22, 2026, and January 30, 2026 (as amended from time to time, the “Registration Statement”), to register the common shares of BlockchAIn Inc. to be issued in connection with the Business Combination, and has filed a definitive proxy statement of the Company and a prospectus of BlockchAIn Inc. (the “Proxy Statement/Prospectus”). The Registration Statement has been declared effective by the SEC. The Proxy Statement/Prospectus has been sent to the stockholders of Signing Day Sports to seek their approval of the Business Combination. Each of BlockchAIn Inc., BlockchAIn LLC, and Signing Day Sports may file with the SEC other relevant documents concerning the proposed transaction. BEFORE MAKING ANY VOTING DECISION, INVESTORS AND SECURITY HOLDERS OF SIGNING DAY SPORTS ARE URGED TO READ THE REGISTRATION STATEMENT, THE PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT BLOCKCHAIN, SIGNING DAY SPORTS, THE BUSINESS COMBINATION, AND RELATED MATTERS. The Registration Statement, the Proxy Statement/Prospectus, and any other documents filed by BlockchAIn Inc., One Blockchain LLC, and Signing Day Sports, Inc. with the SEC, may be obtained free of charge at the SEC website at www.sec.gov. In addition, investors and security holders may obtain free copies of the documents filed with the SEC by Signing Day Sports, Inc. by directing a written request to: Signing Day Sports, Inc., 8355 East Hartford Rd., Suite 100, Scottsdale, AZ 85255.
Participants in the Solicitation
Signing Day Sports, and its directors, executive officers and certain other members of management and employees may, under SEC rules, be deemed to be participants in the solicitation of proxies from the stockholders of Signing Day Sports with respect to the Business Combination and related matters. Information about the directors and executive officers of Signing Day Sports, including their ownership of shares of Signing Day Sports common stock, is included in Signing Day Sports’ Annual Report on Form 10-K for the year ended December 31, 2024, which was filed with the SEC on April 11, 2025. Additional information regarding the persons who may be deemed participants will be included in the definitive proxy statement/prospectus and other relevant documents filed with the SEC. The directors, managers, and officers of BlockchAIn do not currently hold any interests, by security holdings or otherwise, in Signing Day Sports.
No Offer or Solicitation
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of any securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such other jurisdiction. No offering of securities in connection with the Business Combination shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or pursuant to an exemption from, or in a transaction not subject to, such registration requirements.
