Brief: Signing Day Sports Progresses Transaction and Executes Definitive Agreement with BlockchAIn Digital Infrastructure
28/05/2025 15:37
May 28 (Reuters) - Signing Day Sports Inc SGN.A: SIGNING DAY SPORTS PROGRESSES TRANSACTION AND EXECUTES DEFINITIVE AGREEMENT WITH BLOCKCHAIN DIGITAL INFRASTRUCTURE, A PROFITABLE DATA HOSTING COMPANY SIGNING DAY SPORTS : DEAL WILL COMPRISE OF PUBCO COMMON SHARES WITH A VALUE OF APPROXIMATELY $215.0 MILLION SIGNING DAY SPORTS INC - ONE BLOCKCHAIN SECURITYHOLDERS TO RECEIVE 91.5% OF COMBINED COMPANY SIGNING DAY SPORTS INC - DEAL INCLUDES EARNOUT IF EBITDA EXCEEDS $25 MILLION FOR 2026 SIGNING DAY SPORTS INC - DEAL EXPECTED TO CLOSE LATE IN SECOND HALF OF 2025 SIGNING DAY SPORTS INC - ONE BLOCKCHAIN TO OPERATE UNDER CEO JERRY TANG Source text: ID:nGNXc3hKkD Further company coverage: SGN.A ((Reuters.Briefs@thomsonreuters.com;))
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