Summary by Futu AI
Signing Day Sports, Inc., a Delaware corporation, has filed a prospectus related to the resale of up to 6,643,788 shares of common stock by certain selling stockholders. The shares include those issuable upon conversion of senior secured promissory notes and exercise of warrants held by FirstFire Global Opportunities Fund, LLC, and shares issued or issuable to Boustead Securities, LLC, related to placement agent services. The company will not receive any proceeds from the sale of shares by the selling stockholders but may receive up to $1,088,583 from the exercise of warrants. The shares may be sold on the NYSE American where the company's stock is listed under the symbol 'SGN'. The selling may occur at various times and prices, and the prospectus is part of a registration statement filed with the SEC. Signing Day Sports has not declared or paid cash dividends on its common stock and does not anticipate doing so in the near future.