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Signing Day Sports (NYSE: SGN) updates investors on proposed BlockchAIn business combination

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

Rhea-AI Filing Summary

Signing Day Sports, Inc. reported that it issued a press release with a letter to stockholders about its proposed business combination with BlockchAIn Digital Infrastructure, Inc. and One Blockchain LLC under a Business Combination Agreement originally dated May 27, 2025 and amended November 10, 2025. The letter relates to the planned merger and related transactions.

The companies note that BlockchAIn has filed a registration statement with the SEC containing a preliminary proxy statement for Signing Day Sports stockholders and a preliminary prospectus for BlockchAIn shares, which has not yet been declared effective. Stockholders are urged to read the definitive proxy statement/prospectus when available before voting. The filing also explains that directors and officers of Signing Day Sports may be deemed participants in the proxy solicitation and includes extensive forward-looking statement warnings highlighting risks such as completing the transactions, obtaining regulatory and shareholder approvals, securing funding, executing data facility expansion plans, competing in the market, complying with data privacy laws, and retaining key personnel.

Positive

  • None.

Negative

  • None.

Insights

Company reiterates plans for BlockchAIn merger and outlines key transaction risks.

Signing Day Sports describes a proposed business combination with BlockchAIn Digital Infrastructure and One Blockchain, governed by a Business Combination Agreement dated May 27, 2025 and amended November 10, 2025. The update itself comes via a shareholder letter and press release, so it does not change the headline transaction terms but reinforces that the merger remains the strategic focus.

The text confirms that BlockchAIn has filed a registration statement with the SEC, including a preliminary proxy statement/prospectus, which has not yet been declared effective. That means the deal is still in the regulatory review phase, and stockholder voting materials will only be sent after effectiveness, highlighting procedural steps still outstanding for closing.

The forward-looking statements section lists numerous risks: the ability to complete the transactions, obtain all required consents and NYSE American listing clearance, finance and execute data facility expansion, secure sufficient funding for operations and new offerings, achieve market acceptance, comply with user data privacy laws, and attract and retain key personnel. For investors, the merger’s eventual outcome and structure will hinge on these approvals and execution factors, which will be described in more detail in the definitive proxy statement/prospectus when filed.

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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 5, 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 5, 2025, Signing Day Sports, Inc., a Delaware corporation (“Signing Day Sports” or the “Company”), issued a press release providing a letter to the stockholders of the Company relating to a proposed business combination (“Business Combination”) and certain related transactions (collectively, “Transactions”) contemplated under the Business Combination Agreement, dated as of May 27, 2025, among the Company, BlockchAIn Digital Infrastructure, Inc., a Delaware corporation (“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 5, 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 5, 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 Form 8-K?

Signing Day Sports announced that it issued a press release containing a letter to stockholders about a proposed business combination with BlockchAIn Digital Infrastructure and One Blockchain, along with related transactions under an existing Business Combination Agreement.

Who are the parties to the proposed Signing Day Sports business combination?

The proposed business combination involves Signing Day Sports, BlockchAIn Digital Infrastructure, Inc., One Blockchain LLC, BCDI Merger Sub I Inc., and BCDI Merger Sub II LLC, all organized in Delaware.

What is the status of the registration statement for the SGN and BlockchAIn transaction?

BlockchAIn has filed a registration statement with the SEC that includes a preliminary proxy statement for Signing Day Sports stockholders and a preliminary prospectus for BlockchAIn shares, but it has not been declared effective yet.

What are SGN stockholders being asked to do regarding the proposed merger?

Stockholders are urged to read the definitive proxy statement/prospectus and other SEC filings carefully and in their entirety when they become available before making any voting or investment decision about the proposed business combination.

Who may be considered participants in the proxy solicitation for the SGN transaction?

Signing Day Sports, its directors, executive officers and certain employees may be deemed participants in the solicitation of proxies from its stockholders, with further details on their interests to be included in the proxy statement/prospectus and other public filings.

Does this SGN communication constitute an offer to sell or buy securities?

No. The communication explicitly states it is not an offer to sell or a solicitation of an offer to buy any securities, nor a solicitation of any vote or approval, and any offering will only be made by a prospectus that meets Section 10 of the Securities Act.

What key risks related to the SGN and BlockchAIn deal are highlighted?

Risks include the ability to complete and integrate the transactions, obtain regulatory, listing, and stockholder approvals, finance and execute data facility expansions, secure sufficient funding, achieve market acceptance, comply with data privacy and legal requirements, and attract and retain key personnel.
SIGNING DAY SPORTS INC

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