On November 6, 2024, Signing Day Sports, Inc., a Delaware corporation listed on NYSE American under the symbol SGN, announced two significant corporate actions. Firstly, the company entered into an Amendment to Binding Term Sheet with Dear Cashmere Group Holding Company, James Gibbons, and Nicolas Link, extending the deadline to complete the closing of their agreement from October 31, 2024, to November 22, 2024. This extension is to allow for the completion of necessary regulatory reviews and approvals. Secondly, Signing Day Sports disclosed a 1-for-48 reverse stock split of its common stock, which is set to take effect on November 16, 2024. The reverse split aims to reduce the number of outstanding shares from approximately 27.02 million to about 0.56 million and the public float from around 20.56 million shares to approximately 0.43 million shares. Trading on a split-adjusted basis will commence on November 18, 2024, with a new CUSIP number for the common stock. The company's mission is to assist high school athletes in the college recruitment process through its app and platform.

On November 6, 2024, Signing Day Sports, Inc., a Delaware corporation listed on NYSE American under the symbol SGN, announced two significant corporate actions. Firstly, the company entered into an Amendment to Binding Term Sheet with Dear Cashmere Group Holding Company, James Gibbons, and Nicolas Link, extending the deadline to complete the closing of their agreement from October 31, 2024, to November 22, 2024. This extension is to allow for the completion of necessary regulatory reviews and approvals. Secondly, Signing Day Sports disclosed a 1-for-48 reverse stock split of its common stock, which is set to take effect on November 16, 2024. The reverse split aims to reduce the number of outstanding shares from approximately 27.02 million to about 0.56 million and the public float from around 20.56 million shares to approximately 0.43 million shares. Trading on a split-adjusted basis will commence on November 18, 2024, with a new CUSIP number for the common stock. The company's mission is to assist high school athletes in the college recruitment process through its app and platform.