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Signing Day Sports | 424B3: Prospectus

SEC ·  Feb 15 21:57
Summary by Futu AI
Signing Day Sports, Inc., trading under the symbol SGN on NYSE American, filed Prospectus Supplement No. 7 on February 15, 2024, following a series of previous supplements to its original prospectus dated November 13, 2023. This supplement includes information from the company's Current Report on Form 8-K filed on February 14, 2024, and details the issuance of Representative’s Warrants to purchase up to 96,600 shares of common stock. The company also announced the resignation of board member Glen Kim for personal reasons, effective immediately on February 12, 2024, with no disagreements reported regarding company operations. Concurrently, Peter Borish was elected to the board and appointed as Chairman of the Audit Committee, as well as a member of the Compensation and Nominating and Corporate Governance Committees. Borish's director...Show More
Signing Day Sports, Inc., trading under the symbol SGN on NYSE American, filed Prospectus Supplement No. 7 on February 15, 2024, following a series of previous supplements to its original prospectus dated November 13, 2023. This supplement includes information from the company's Current Report on Form 8-K filed on February 14, 2024, and details the issuance of Representative’s Warrants to purchase up to 96,600 shares of common stock. The company also announced the resignation of board member Glen Kim for personal reasons, effective immediately on February 12, 2024, with no disagreements reported regarding company operations. Concurrently, Peter Borish was elected to the board and appointed as Chairman of the Audit Committee, as well as a member of the Compensation and Nominating and Corporate Governance Committees. Borish's director agreement includes an annual fee and a potential grant of restricted stock, subject to stockholder and board approval. Additionally, an indemnification agreement was made to cover Borish to the fullest extent permitted by law. The company's common stock was last reported at $0.777 on February 14, 2024, and it is identified as an emerging growth and smaller reporting company, opting for reduced public company reporting requirements.

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