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S-1/A: General form for registration of securities under the Securities Act of 1933 (Amendment)

SEC ·  Aug 22 05:35

Summary by Futu AI

Signing Day Sports, Inc. (SGN.US) has announced a series of financial and corporate developments involving private placements, issuance of securities, and settlement agreements. The company has engaged in transactions with various parties, including FirstFire Global Opportunities Fund, LLC, Clayton Adams, and Bevilacqua PLLC, issuing promissory notes, warrants, and shares of common stock. These transactions were conducted to raise capital for the company and were not registered under the Securities Act. Additionally, the company has entered into settlement agreements with several parties, including Dennis Gile and John Dorsey, resulting in the issuance of common stock and the release of claims. The company has also granted stock options and restricted stock to certain employees, officers, and directors under its 2022 Equity Incentive...Show More
Signing Day Sports, Inc. (SGN.US) has announced a series of financial and corporate developments involving private placements, issuance of securities, and settlement agreements. The company has engaged in transactions with various parties, including FirstFire Global Opportunities Fund, LLC, Clayton Adams, and Bevilacqua PLLC, issuing promissory notes, warrants, and shares of common stock. These transactions were conducted to raise capital for the company and were not registered under the Securities Act. Additionally, the company has entered into settlement agreements with several parties, including Dennis Gile and John Dorsey, resulting in the issuance of common stock and the release of claims. The company has also granted stock options and restricted stock to certain employees, officers, and directors under its 2022 Equity Incentive Plan. Furthermore, Signing Day Sports has entered into a Common Stock Purchase Agreement with Tumim Stone Capital LLC, which was later terminated by mutual agreement. The company has also made amendments to its executive employment agreements and other service provider agreements. These corporate actions are part of Signing Day Sports' ongoing efforts to manage its capital structure and fulfill its business objectives.

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