Signing Day Sports, Inc. reported progress on its previously announced Business Combination Agreement, outlining steps toward completing a multi-party merger that would significantly alter its corporate structure. The agreement was initially executed on May 27, 2025, and later revised through amendments finalized on November 10 and December 21, 2025. Under the revised arrangement, Signing Day Sports and One Blockchain are each set to merge with subsidiaries of BlockchAIn Digital Infrastructure, Inc.. Upon completion, both entities would become wholly owned subsidiaries of BlockchAIn.
The companies explained that the transaction is designed to consolidate operations under a single parent entity while aligning ownership interests among participating shareholders. As part of the proposed structure, investors in Signing Day Sports and securityholders of One Blockchain would receive common shares of BlockchAIn based on an exchange ratio linked to Signing Day Sports’ last reported trading price prior to the deal’s closing.
Share Exchange Structure and Ownership Protections
According to the disclosed terms, the exchange ratio incorporates adjustment mechanisms intended to protect existing Signing Day Sports investors. These provisions are structured to ensure that the company’s stockholders retain a minimum post-closing ownership stake of at least 8.5 percent in the combined entity. The adjustments are also intended to support BlockchAIn’s objective of meeting ownership and capitalization requirements associated with its planned public listing.
The companies indicated that this approach seeks to balance dilution concerns with the broader strategic goal of creating a unified digital infrastructure platform. By tying the exchange ratio to market pricing while embedding ownership safeguards, the transaction aims to provide continuity for existing investors while enabling the combined organization to pursue future growth initiatives.
Regulatory Milestones and Shareholder Approval
From a regulatory standpoint, the transaction has reached a key milestone. The U.S. Securities and Exchange Commission has declared effective the Form S-4 registration statement filed in connection with the business combination. In addition, proxy materials have been distributed to Signing Day Sports stockholders, enabling them to review and vote on the proposed transaction.
The companies noted that shareholder approval represents a critical next step before the merger can be finalized. Completion of the deal remains subject to customary closing conditions, including the outcome of the shareholder vote and satisfaction of applicable regulatory requirements.
Listing Strategy and Market Positioning
A central objective of the transaction is to facilitate BlockchAIn’s planned listing on the NYSE American. Management has framed the merger as a pathway to achieving the scale and structure necessary for a public market presence. By bringing together sports technology assets and blockchain-focused infrastructure under one corporate umbrella, the combined company aims to present a diversified yet cohesive business model to public investors.
The listing strategy is expected to provide increased visibility and access to capital, which could support further investment in technology development and platform expansion following the completion of the merger.
Core Business of Signing Day Sports
Signing Day Sports continues to operate within the sports and technology sector, with a primary focus on digital platforms that connect athletes with coaches and recruiters. The company’s products are designed to support recruitment and evaluation processes around collegiate and professional signing periods. Its target customers include athletes, educational institutions, and sports organizations seeking data-driven tools to manage exposure, performance assessment, and recruiting workflows in highly competitive sports markets.
By participating in the proposed business combination, Signing Day Sports is positioning itself within a broader digital infrastructure ecosystem. The company has indicated that this alignment could enhance its technological capabilities and expand its reach beyond its traditional sports-focused offerings.
Outlook for the Combined Entity
If completed, the transaction would mark a significant transition for Signing Day Sports, shifting it from a standalone sports technology provider to a subsidiary within a blockchain-oriented holding company. The parties involved have emphasized that the merger is intended to create long-term strategic value by integrating complementary technologies and pursuing growth opportunities in public markets, pending final approvals and closing conditions.