Signing Day Sports Stockholders Approve Business Combination with BlockchAIn Digital Infrastructure
Signing Day Sports Stockholders Approve Business Combination with BlockchAIn Digital Infrastructure
Key Points for Investors
- Shareholder Approval: Signing Day Sports, Inc. (“Signing Day Sports” or the “Company”) stockholders have officially approved the previously announced business combination with BlockchAIn Digital Infrastructure, Inc. (“BlockchAIn Inc.”), One Blockchain LLC (“BlockchAIn LLC”), and certain affiliates at a Special Meeting held on March 13, 2026.
- Imminent Closing & NYSE American Listing: The closing of the business combination is expected to occur on March 16, 2026. Upon closing, Signing Day Sports and BlockchAIn LLC will become operating subsidiaries of BlockchAIn Inc.
- New Ticker Symbol & Trading Date: BlockchAIn Inc. common stock is expected to begin trading on the NYSE American under the ticker symbol “AIB” at 9:30 a.m. EDT on March 17, 2026. The new CUSIP number will be 093919108.
- Leadership Statements: Company leaders emphasized the strategic value of the merger, highlighting opportunities in AI and high-performance computing (HPC), and the expectation of long-term value creation for stakeholders.
- BlockchAIn LLC Financial Performance: BlockchAIn LLC’s South Carolina data center generated approximately \$22.9 million in revenue and \$5.7 million in net income in 2024, supporting a foundation for future expansion in AI and HPC hosting.
- Advisors: Maxim Group LLC is acting as financial advisor to BlockchAIn; Bevilacqua PLLC and Loeb & Loeb LLP are legal counsel to the respective parties.
- Further Information: Investors are encouraged to review the Registration Statement on Form S-4 and the proxy statement/prospectus filed with the SEC for detailed transaction terms and risk factors.
Details of the Transaction
At the Special Meeting of Stockholders on March 13, 2026, Signing Day Sports stockholders overwhelmingly approved the merger with BlockchAIn Inc. and its affiliates. This approval paves the way for the closing of the business combination, which is anticipated to occur on March 16, 2026. As a result, both Signing Day Sports and BlockchAIn LLC will operate as subsidiaries under the publicly listed BlockchAIn Inc.
BlockchAIn Inc. will commence trading on the NYSE American under the ticker symbol “AIB” starting March 17, 2026. This transition marks a significant milestone for both companies, creating a vertically integrated platform focused on artificial intelligence, high-performance computing, and digital infrastructure.
The CEOs of both companies commented on the merger. Daniel Nelson, CEO of Signing Day Sports, expressed gratitude to stockholders for their support, noting that the transaction aligns with the company’s strategic direction and positions the combined organization to seize growth opportunities in AI and advanced computing. Jerry Tang, CEO of BlockchAIn, echoed these sentiments, highlighting the company’s focus on developing scalable digital infrastructure to meet the growing demand in AI and HPC workloads.
Important Shareholder Considerations
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Potential Share Price Impact: The completion of this business combination and subsequent NYSE American listing could be a significant price-moving event. The creation of a larger, more diversified entity with exposure to high-growth sectors like AI hosting and HPC may attract new investors and potentially lead to a re-rating of the share value.
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Revenue and Profitability: The disclosed 2024 financials for BlockchAIn LLC—\$22.9 million in revenue and \$5.7 million in net income—demonstrate solid performance and provide a foundation for further expansion in 2026 and 2027 through additional AI data center projects.
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Integration and Execution Risks: The press release includes forward-looking statements and cautions investors regarding risks such as the ability to integrate the businesses, secure sufficient funding, attract and retain talent, and comply with regulatory requirements. These factors could impact the combined company’s future performance and, consequently, the stock price.
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Regulatory Filings: The final voting results and details will be available via a Form 8-K filing with the SEC, and investors should refer to this and other SEC filings (including the Form S-4 and proxy statement/prospectus) for comprehensive risk disclosures and legal considerations.
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Advisory and Legal Teams: The involvement of reputable financial and legal advisors (Maxim Group LLC, Bevilacqua PLLC, Loeb & Loeb LLP) lends credibility to the transaction process.
About the Companies
BlockchAIn LLC
BlockchAIn LLC develops and operates digital infrastructure for high-performance computing and AI hosting. Its main data center is a 40 MW facility in South Carolina, which delivered strong financial results in 2024. The company is planning further AI data center expansions with favorable economics, scheduled to activate in 2026 and 2027.
Signing Day Sports, Inc.
Signing Day Sports is dedicated to helping student-athletes achieve collegiate athletic opportunities. Its app enables students to build comprehensive recruitment profiles, including video-verified measurables, academic records, and skill videos, making it a valuable platform for both athletes and college coaches.
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Forward-Looking Statements Disclaimer
This article contains forward-looking statements subject to substantial risks and uncertainties. These include, but are not limited to, the ability to complete and integrate the business combination, obtain funding, achieve market acceptance, manage competition, support growth, comply with regulations, and retain key personnel. Actual results may differ materially due to these risks, as outlined in the SEC filings referenced above. No forward-looking statement is a guarantee of future performance. The companies undertake no obligation to update such statements except as required by law. Investors should consult the official filings and conduct their own due diligence before making investment decisions.
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