Summary by Futu AI
Signing Day Sports, Inc. has filed Prospectus Supplement No. 3 with the SEC, which includes information from their Current Report on Form 8-K filed on March 6, 2024. This supplement is an addition to the original Prospectus dated February 14, 2024, and subsequent supplements filed on February 15 and February 29, 2024. The company, traded under the symbol 'SGN' on NYSE American, reported a last sale price of $0.59 for its common stock as of March 5, 2024. The company has also announced the resignation of its Chief Operating Officer, David O'Hara, effective March 1, 2024, which was not due to any disagreement with the company's operations, policies, or practices. Following this, Trent Whitehead has been appointed to handle principal operating functions and serve as Secretary. Additionally, the Compensation Committee approved a reduction in the annual base salary of Daniel D. Nelson, the CEO and Chairman, from $425,000 to $200,000 effective March 1, 2024.