NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Signing Day Sports, Inc. (NYSE: SGN ) related to its merger with One Blockchain LLC. Upon completion of the proposed transaction, Signing Day shareholders are expected to own approximately 8.5% of the combined company.
Proposed business combination will create a public company engaged in Crypto Mining, Artificial Intelligence (“AI”), and High-Performance Computing (“HPC”) Data Hosting Markets
Reduces Net Loss for Quarter by 66% Year-Over-Year, Reflecting Improved Operating Efficiency Strong Combine Participation and Scalable Digital Platform Expected to Drive Higher Margin Growth SCOTTSDALE, AZ, May 15, 2025 (GLOBE NEWSWIRE) -- Signing Day Sports, Inc. (“Signing Day Sports” or the “Company”) (NYSE American: SGN), the developer of the Signing Day Sports app and platform to aid high school athletes in the recruitment process, today announced selected financial results for the quarter ended March 31, 2025, and provided a business update. Daniel Nelson, Chief Executive Officer and Chairman of Signing Day Sports, stated, “One of our primary objectives this quarter was to streamline costs and strike the right balance between growth and efficiency—resulting in a 66% year-over-year reduction in net loss.
Software - Application Industry | Technology Sector | Daniel D. Nelson CEO | XSTU Exchange | US82670R1077 ISIN |
US Country | 6 Employees | - Last Dividend | 18 Nov 2024 Last Split | 14 Nov 2023 IPO Date |
Signing Day Sports, Inc. is a pioneering company in the field of sports recruitment, headquartered in Scottsdale, Arizona. Since its establishment in 2019, it has been dedicated to transforming the way athletes from various sports get discovered and recruited. Through its innovative sports recruitment platform, Signing Day Sports, the company bridges the gap between athletes, coaches, and recruiters across the United States. By leveraging technology, Signing Day Sports, Inc. seeks to streamline the identification and recruitment process of student-athletes, making it more efficient for all parties involved.
This flagship sports recruitment platform is designed to facilitate the connection between high school and sports club athletes with college coaches and professional scouts. Catering to a range of sports including football, baseball, softball, and men's and women's soccer, the platform offers comprehensive tools for athletes to showcase their talents, and for recruiters to discover new talents efficiently. It encompasses features that cater specifically to the needs of student-athletes and their parents, high school, and sports club coaches, as well as college coaches, and professional scouts.