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Signing Day Sports | 424B3: Prospectus

SEC ·  Feb 15 21:52
Summary by Futu AI
Signing Day Sports, Inc., trading under the symbol SGN on NYSE American, filed a Prospectus Supplement No. 1 on February 15, 2024, to its Prospectus dated February 14, 2024. The supplement relates to the offering of up to 4,661,102 shares of common stock and includes information from the company's Current Report on Form 8-K filed on the same date. The company, identified as an emerging growth and smaller reporting company, announced the resignation of board member Glen Kim for personal reasons, effective immediately on February 12, 2024. Concurrently, Peter Borish was elected to the board and appointed as Chairman of the Audit Committee, and a member of the Compensation and Nominating and Corporate Governance Committees. Borish's compensation includes an annual fee and a potential grant of restricted stock, subject to stockholder and board approval. The company also entered into an indemnification agreement with Borish. The last reported sale price of Signing Day Sports' common stock was $0.777 on February 14, 2024.
Signing Day Sports, Inc., trading under the symbol SGN on NYSE American, filed a Prospectus Supplement No. 1 on February 15, 2024, to its Prospectus dated February 14, 2024. The supplement relates to the offering of up to 4,661,102 shares of common stock and includes information from the company's Current Report on Form 8-K filed on the same date. The company, identified as an emerging growth and smaller reporting company, announced the resignation of board member Glen Kim for personal reasons, effective immediately on February 12, 2024. Concurrently, Peter Borish was elected to the board and appointed as Chairman of the Audit Committee, and a member of the Compensation and Nominating and Corporate Governance Committees. Borish's compensation includes an annual fee and a potential grant of restricted stock, subject to stockholder and board approval. The company also entered into an indemnification agreement with Borish. The last reported sale price of Signing Day Sports' common stock was $0.777 on February 14, 2024.
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