Summary by Futu AI
Signing Day Sports, Inc. (SGN.US) has filed a registration statement with the Securities and Exchange Commission (SEC) for the resale of up to 6,643,788 shares of common stock by certain selling shareholders. The shares include those issuable upon conversion of senior secured promissory notes and exercise of warrants held by FirstFire Global Opportunities Fund, LLC, as well as shares held by Boustead Securities, LLC as placement agent compensation. The registration allows the selling shareholders to sell their shares at varying times and prices. The company will not receive any proceeds from the sale of these shares. The registration statement also includes details on recent private placements, restricted stock and option grants, and service provider agreements. Additionally, the company has entered into indemnification agreements with its directors and executive officers, and has obtained directors and officers liability insurance. The company's common stock is listed on the NYSE American under the symbol 'SGN'.
