Summary by Futu AI
Signing Day Sports, Inc., a Delaware corporation, has entered into a material definitive agreement with FirstFire Global Opportunities Fund, LLC, as detailed in a Form 8-K report filed with the SEC. On September 26, 2024, Signing Day Sports offered to temporarily reduce the exercise price of common stock purchase warrants held by FirstFire from $0.30 to $0.25 per share, which FirstFire accepted. This offer is valid until October 14, 2024, and is subject to approval by the Company's Board of Directors. Additionally, the Company announced the Third Annual U.S. Army Bowl National Combine, expected to be the largest attended combine in the country for 2024, to be held at The Star in Frisco, Texas from December 18-21. The event is anticipated to generate revenue through registration fees and apparel sales, and integrate over 1,500 student-athletes into the Signing Day Sports app, enhancing their visibility to college recruiters and professional scouts.