Summary by Futu AI
Signing Day Sports, Inc., trading under the symbol SGN on NYSE American, filed Prospectus Supplement No. 9 on March 6, 2024, which includes information from their Current Report on Form 8-K. The supplement relates to the original prospectus dated November 13, 2023, and subsequent supplements detailing the offering of Representative’s Warrant to purchase up to 84,000 shares of common stock. The company, an emerging growth and smaller reporting company, has seen its last reported sale price of common stock at $0.59 as of March 5, 2024. The report also announces the resignation of Chief Operating Officer David O’Hara on March 1, 2024, which was not due to any disagreement with the company's operations, policies, or practices. Following O'Hara's departure, Trent Whitehead, previously Vice President of Human Resources, has been appointed to address principal operating functions and serve as Secretary. Additionally, the Compensation Committee approved a reduction in annual base salary for Chief Executive Officer Daniel D. Nelson from $425,000 to $200,000 effective March 1, 2024.