Summary by Futu AI
Signing Day Sports, Inc., a Delaware-incorporated company specializing in business services, has filed a Form 1-A with the U.S. Securities and Exchange Commission (SEC) for a Regulation A offering. The company, which was incorporated in 2021 and employs 14 full-time staff, is headquartered in Scottsdale, Arizona. According to the filing, Signing Day Sports has no long-term debt and reports total assets of $4,704,611, with total liabilities amounting to $2,960,480, and a net income of $5,478,120. The company's common equity is listed on the NYSE American LLC, with 15,383,528 common equity units outstanding. The issuer is conducting a Tier 2 offering with audited financial statements and is offering 2,000,000 securities at a price of $7.50 per security, aiming to raise $15,000,000. Boustead Securities, LLC is involved as a sales commission agent, with fees totaling $1,050,000. The company anticipates net proceeds of $13,575,000 from the offering. Over the past year, Signing Day Sports has issued various unregistered securities, including promissory notes, common stock purchase warrants, and common stock options, under exemptions from registration requirements.