Signing Day Sports Updates on Proposed Business Combination with BlockchAIn Digital Infrastructure
Scottsdale, AZ, January 7, 2026 (GLOBE NEWSWIRE) — Signing Day Sports, Inc. (“Signing Day Sports” or the “Company”) (NYSE American: SGN), a developer of an innovative app geared towards enhancing the recruiting process for collegiate athletes and coaches, announced a critical update regarding its business combination with BlockchAIn Digital Infrastructure, Inc. (“BlockchAIn Inc.”) and its affiliate, One Blockchain LLC.
Transaction Overview and Timeline
Signing Day Sports entered into a Business Combination Agreement with BlockchAIn on May 27, 2025, which has since been amended on November 10, 2025, and December 21, 2025. The transaction's progress was reported with BlockchAIn Inc. filing a Registration Statement on Form S-4 with the U.S. Securities and Exchange Commission (SEC) on December 1, 2025, which was later amended on December 23, 2025.
The transaction is anticipated to finalize in February or March 2026, contingent upon meeting specific conditions, including shareholder approval and NYSE American listing approval.
Strategic Implications of the Business Combination
This proposed business combination is poised to transform Signing Day Sports into a wholly owned subsidiary of BlockchAIn Inc. The merger will endow the Company with access to advanced digital infrastructure, enhancing capabilities for artificial intelligence (AI), high-performance computing (HPC), and other data-intensive applications, thereby preserving the core mission and branding of Signing Day Sports.
“As we enter the new year, we are committed to completing the transaction with BlockchAIn, expected to close in the first quarter of 2026,” stated Daniel Nelson, Chief Executive Officer and Chairman of Signing Day Sports. He emphasized the strategic benefits, stating, “By pairing our technology-driven recruiting ecosystem with scalable digital infrastructure, we can enhance performance and support future innovation.”
Anticipated Outcomes and Company Vision
The merger is projected to enhance operational efficiency and provide essential infrastructure resources that will underpin the ongoing evolution of Signing Day Sports’ platform. This strategy aims to improve flexibility, allowing the Company to evaluate initiatives aligned with its long-term growth trajectory while maintaining a solid focus on scaling its recruitment services.
“We remain dedicated to delivering value today,” added Nelson, “by expanding our combine footprint and strengthening the tools for student-athletes and coaches.”
About Signing Day Sports
Signing Day Sports is committed to assisting student-athletes in achieving their collegiate sports aspirations. The Signing Day Sports app enables athletes to create detailed recruitment profiles that provide college coaches with necessary evaluation tools, including video verification.
For additional information about Signing Day Sports, please visit here.
Forward-Looking Statements and Risk Factors
This announcement may contain "forward-looking statements" that are subject to significant risks and uncertainties. These statements include expectations regarding the timing and completion of the proposed transaction and its integration outcomes. Potential risks include the ability to secure necessary approvals, market reception, operational challenges, and other factors as detailed in the Risk Factors section of the Registration Statement.