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Signing Day Sports Provides Announcement on 2024 Annual Report

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Signing Day Sports (NYSE American: SGN), a company focused on developing an app and platform for high school athlete recruitment, has announced that its audited consolidated financial statements for FY2024 received an audit opinion containing a going concern qualification from its independent registered public accounting firm.

The announcement, made on April 11, 2025, is in compliance with Sections 401(h) and 610(b) of the NYSE American Company Guide disclosure requirements. The Company clarified that this disclosure does not represent any changes or amendments to their fiscal year 2024 filings.

Signing Day Sports (NYSE American: SGN), un'azienda focalizzata sullo sviluppo di un'app e di una piattaforma per il reclutamento di atleti delle scuole superiori, ha annunciato che i suoi bilanci consolidati auditati per l'anno fiscale 2024 hanno ricevuto un'opinione di revisione contenente una qualifica di continuità aziendale da parte del suo studio di contabilità pubblico indipendente registrato.

L'annuncio, fatto l'11 aprile 2025, è in conformità con le Sezioni 401(h) e 610(b) dei requisiti di divulgazione del Company Guide della NYSE American. La Società ha chiarito che questa divulgazione non rappresenta alcuna modifica o emendamento alle loro dichiarazioni fiscali per l'anno 2024.

Signing Day Sports (NYSE American: SGN), una empresa centrada en desarrollar una aplicación y plataforma para el reclutamiento de atletas de secundaria, ha anunciado que sus estados financieros consolidados auditados para el año fiscal 2024 recibieron una opinión de auditoría que contiene una calificación de continuidad por parte de su firma de contabilidad pública registrada e independiente.

El anuncio, realizado el 11 de abril de 2025, cumple con las Secciones 401(h) y 610(b) de los requisitos de divulgación de la Guía de la Empresa de NYSE American. La Empresa aclaró que esta divulgación no representa ningún cambio o enmienda a sus declaraciones fiscales del año 2024.

Signing Day Sports (NYSE American: SGN), 고등학교 운동선수 모집을 위한 앱과 플랫폼 개발에 중점을 둔 회사가 2024 회계연도에 대한 감사된 연결 재무제표가 독립 등록 공인 회계법인으로부터 지속 가능성 자격을 포함한 감사 의견을 받았다고 발표했습니다.

2025년 4월 11일에 발표된 이 내용은 NYSE American 회사 가이드의 공시 요구 사항인 섹션 401(h) 및 610(b)에 따라 이루어졌습니다. 회사는 이 공시가 2024 회계연도 보고서에 대한 변경이나 수정 사항을 나타내지 않는다고 밝혔습니다.

Signing Day Sports (NYSE American: SGN), une entreprise axée sur le développement d'une application et d'une plateforme pour le recrutement d'athlètes de lycées, a annoncé que ses états financiers consolidés audités pour l'exercice 2024 ont reçu un avis d'audit contenant une réserve de continuité de la part de son cabinet d'expertise comptable public indépendant enregistré.

L'annonce, faite le 11 avril 2025, est conforme aux sections 401(h) et 610(b) des exigences de divulgation du guide des entreprises de NYSE American. L'entreprise a précisé que cette divulgation ne représente aucun changement ou amendement à leurs déclarations fiscales de l'année 2024.

Signing Day Sports (NYSE American: SGN), ein Unternehmen, das sich auf die Entwicklung einer App und Plattform für die Rekrutierung von Sportlern an High Schools konzentriert, hat bekannt gegeben, dass seine geprüften konsolidierten Finanzberichte für das Geschäftsjahr 2024 eine Prüfungsmeinung mit einer Fortführungsanmerkung von seiner unabhängigen registrierten Wirtschaftsprüfungsgesellschaft erhalten haben.

Die Bekanntgabe, die am 11. April 2025 erfolgte, entspricht den Anforderungen der Abschnitte 401(h) und 610(b) der Offenlegungsvorschriften des NYSE American Company Guide. Das Unternehmen stellte klar, dass diese Offenlegung keine Änderungen oder Ergänzungen zu ihren Finanzberichten für das Geschäftsjahr 2024 darstellt.

Positive
  • None.
Negative
  • Received going concern qualification from auditors, indicating substantial doubt about company's ability to continue operations
  • Potential risk to NYSE American listing status due to going concern issues

SCOTTSDALE, Ariz., April 11, 2025 (GLOBE NEWSWIRE) -- Signing Day Sports, Inc. (“Signing Day Sports” or the “Company”) (NYSE American: SGN), the developer of the Signing Day Sports app and platform to aid high school athletes in the recruitment process, today advises that its audited consolidated financial statements for the fiscal year ended December 31, 2024, included in the Company’s Annual Form on Form 10-K filed with the Securities and Exchange Commission on April 11, 2025, were accompanied by an audit opinion from its independent registered public accounting firm that contains a going concern emphasis or qualification. Release of this information is required by Sections 401(h) and 610(b) of the NYSE American LLC Company Guide. It does not represent any change or amendment to any of the Company’s filings for the fiscal year ended December 31, 2024.

About Signing Day Sports

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. 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



FAQ

What does the going concern qualification mean for Signing Day Sports (SGN) stock?

A going concern qualification indicates substantial doubt about the company's ability to continue operations, which could negatively impact SGN stock value.

When did Signing Day Sports (SGN) receive the going concern qualification?

The going concern qualification was disclosed in the audit opinion for FY2024, announced on April 11, 2025.

Is Signing Day Sports (SGN) making changes to their 2024 financial statements?

No, the company stated this announcement does not represent any changes or amendments to their FY2024 filings.

Why did Signing Day Sports (SGN) make this announcement?

The announcement was required by NYSE American Company Guide Sections 401(h) and 610(b) disclosure requirements.
SIGNING DAY SPORTS INC

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Software - Application
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