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Signing Day Sports (NYSE: SGN) moves ahead with BlockchAIn S-4 for proposed business combination

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Signing Day Sports, Inc. announced that BlockchAIn Digital Infrastructure, Inc. has publicly filed a Registration Statement on Form S-4 with the SEC for a proposed business combination between the two companies and related transactions under their amended Business Combination Agreement. The S-4 includes a preliminary proxy statement for Signing Day Sports stockholders and a preliminary prospectus for BlockchAIn shares, and has not yet been declared effective. Once effective, a definitive proxy statement/prospectus would be sent to stockholders, who are urged to read it carefully before voting. The companies highlight numerous risks that could affect completion and performance of the combined business, including securing required approvals, financing expansion plans, funding ongoing operations, market acceptance of products, competition, regulatory compliance and the ability to attract and retain key personnel.

Positive

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Insights

Signing Day Sports moves its planned merger with BlockchAIn into the SEC review phase via an S-4 filing.

The disclosure shows that BlockchAIn Digital Infrastructure has filed a Form S-4 covering a proposed business combination with Signing Day Sports and related transactions. This step is mainly procedural but important, because the S-4 will house the detailed terms, risk factors and pro forma information for the combined company once the SEC review is complete.

The transaction still depends on multiple conditions, including SEC effectiveness of the S-4, approvals from equity securityholders and necessary consents, and NYSE American clearance of a listing application in connection with the transactions. The text also notes One Blockchain’s need to finance and implement data facility expansion and both parties’ need for sufficient funding to support operations and new offerings.

The forward-looking statement section lists many operational and execution risks: integrating the businesses into a combined publicly listed company, generating sufficient revenues and cash flows, competing with existing and new offerings, complying with data privacy and other laws, and attracting and retaining key personnel. Actual effects for investors will hinge on the final S-4 details, the outcome of stockholder votes and the parties’ success in addressing these risks once more information is available in subsequent SEC filings.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

CURRENT REPORT

 

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): December 1, 2025

 

SIGNING DAY SPORTS, INC.
(Exact name of registrant as specified in its charter)

 

Delaware   001-41863   87-2792157
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

8355 East Hartford Rd., Suite 100, Scottsdale, AZ   85255
(Address of principal executive offices)   (Zip Code)

 

  (480) 220-6814  
  (Registrant’s telephone number, including area code)  

 

 
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.0001 par value per share   SGN   NYSE American LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

 

Emerging Growth Company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

Item 7.01 Regulation FD Disclosure.

 

On December 1, 2025, Signing Day Sports, Inc., a Delaware corporation (“Signing Day Sports” or the “Company”), issued a press release announcing the public filing of a Registration Statement on Form S-4 (the “Registration Statement”) by BlockchAIn Digital Infrastructure, Inc., a Delaware corporation (“BlockchAIn”), with the Securities and Exchange Commission (the “SEC”) relating to a proposed business combination (“Business Combination”) and certain other transactions (collectively, “Transactions”) contemplated under the Business Combination Agreement, dated as of May 27, 2025, among the Company, BlockchAIn, One Blockchain LLC, a Delaware limited liability company (“One Blockchain”), BCDI Merger Sub I Inc., a Delaware corporation and a wholly owned subsidiary of BlockchAIn, and BCDI Merger Sub II LLC, a Delaware limited liability company and a wholly owned subsidiary of BlockchAIn, as amended by the Amendment No. 1 to the Business Combination Agreement, dated as of November 10, 2025, between Signing Day Sports and One Blockchain (as amended, the “Business Combination Agreement”). A copy of the press release is furnished hereto as Exhibit 99.1.

 

The information furnished pursuant to this Item 7.01 (including Exhibit 99.1 hereto), shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Exchange Act or the Securities Act of 1933, as amended (the “Securities Act”), except as expressly set forth by specific reference in such a filing.

 

Additional Information and Where to Find It

 

Pursuant to the Business Combination Agreement, BlockchAIn has filed the Registration Statement with the SEC, which contains a preliminary proxy statement of Signing Day Sports and a preliminary prospectus for registration of shares of BlockchAIn. The Registration Statement has not been declared effective by the SEC. Following and subject to the Registration Statement being declared effective by the SEC, its definitive proxy statement/prospectus would be mailed or otherwise disseminated to Signing Day Sports stockholders. BEFORE MAKING ANY VOTING DECISION, INVESTORS AND SECURITY HOLDERS OF SIGNING DAY SPORTS ARE URGED TO READ THESE MATERIALS CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT ONE BLOCKCHAIN, SIGNING DAY SPORTS, THE PROPOSED BUSINESS COMBINATION, AND RELATED MATTERS. The proxy statement/prospectus and other relevant materials (when they become available), and any other documents filed by BlockchAIn and Signing Day Sports 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 by directing a written request to: Signing Day Sports, Inc., 8355 East Hartford Rd., Suite 100, Scottsdale, AZ 85255. Investors and security holders are urged to read the proxy statement/prospectus and the other relevant materials when they become available before making any voting or investment decision with respect to the proposed Business Combination.

 

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 Transactions and related matters. Information about the directors and executive officers of Signing Day Sports, including their ownership of shares of Signing Day Sports, 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, as amended on August 6, 2025. Additional information regarding the persons or entities who may be deemed participants in the solicitation of proxies from Signing Day Sports stockholders, including a description of their interests in the Transactions by security holdings or otherwise, will be included in the proxy statement/prospectus and other relevant documents to be publicly filed with the SEC when they become available. The managers and officers of One 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 proposed business combination shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act.

 

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Forward-Looking Statements

 

The press release attached as Exhibit 99.1 hereto and the statements contained therein include “forward-looking” statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance. In some cases, you can identify these statements because they contain words such as “may,” “will,” “believes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “should,” “seeks,” “future,” “continue,” “plan,” “target,” “predict,” “potential,” or the negative of such terms, or other comparable terminology that concern the Company’s expectations, strategy, plans, or intentions. Forward-looking statements relating to expectations about future results or events are based upon information available to the Company as of today’s date and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. The Company’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those projected, including, without limitation, the parties’ ability to complete the Transactions, 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 Transactions, obtain NYSE American LLC clearance of a listing application in connection with the Transactions, the parties’ ability to obtain their respective equity securityholders’ approval, One Blockchain’s ability to finance and implement its data facility expansion plans and generate sufficient revenues and cash flows from any such expanded facilities, the parties’ ability to 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 and are expected to be further described in a proxy statement/prospectus to be publicly filed with the SEC relating to the Transactions. 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 the Company, One Blockchain, or any of their affiliates, or other matters and attributable to the Company, One Blockchain, any of their affiliates, or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above. The Company does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof, except as required by law. 

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description of Exhibit
99.1   Press Release dated December 1, 2025
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: December 1, 2025 SIGNING DAY SPORTS, INC.
     
  /s/ Daniel Nelson
  Name: Daniel Nelson
  Title: Chief Executive Officer

 

 

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FAQ

What did Signing Day Sports (SGN) announce in this 8-K?

Signing Day Sports, Inc. disclosed that BlockchAIn Digital Infrastructure, Inc. has filed a Registration Statement on Form S-4 with the SEC for a proposed business combination and related transactions under their amended Business Combination Agreement.

What is the purpose of the Form S-4 filed for Signing Day Sports (SGN)?

The Form S-4 includes a preliminary proxy statement for Signing Day Sports stockholders and a preliminary prospectus to register shares of BlockchAIn in connection with the proposed business combination, subject to SEC review and effectiveness.

Has the S-4 for the Signing Day Sports and BlockchAIn business combination become effective?

No. The disclosure states that the Registration Statement on Form S-4 filed by BlockchAIn with the SEC has not been declared effective, and definitive materials would be mailed or disseminated only after effectiveness.

What will Signing Day Sports (SGN) stockholders receive regarding the proposed business combination?

After the Form S-4 is declared effective, a definitive proxy statement/prospectus would be mailed or otherwise disseminated to Signing Day Sports stockholders, who are urged to read it carefully and in its entirety before making any voting or investment decision.

Where can investors find more information about the Signing Day Sports and BlockchAIn transaction?

Investors can obtain the proxy statement/prospectus and other relevant documents free of charge on the SEC’s website at www.sec.gov, and they may request copies of Signing Day Sports’ filings by writing to the company at its Scottsdale, Arizona address.

What key risks are highlighted for the Signing Day Sports and BlockchAIn business combination?

The disclosure cites risks such as the parties’ ability to complete and integrate the transactions, obtain required approvals and funding, finance and execute One Blockchain’s data facility expansion plans, achieve market acceptance for offerings, manage competition, comply with data privacy and other laws, and attract and retain key personnel.

SIGNING DAY SPORTS INC

NYSE:SGN

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Software - Application
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United States
SCOTTSDALE