Signing Day Sports and BlockchAIn Digital Infrastructure Announce Ticker Symbol Transition and Business Combination

Key Highlights

• Business Combination Approved: Signing Day Sports, Inc. and BlockchAIn Digital Infrastructure, Inc. have announced the closing of their previously approved business combination, expected to occur on March 16, 2026.
• Ticker Symbol Change: Signing Day Sports common stock will continue trading under the ticker “SGN” on the NYSE American through the market close on March 16, 2026. BlockchAIn Inc. common stock will commence trading under the ticker “AIB” on NYSE American starting March 17, 2026, at 9:30 a.m. EDT.
• New CUSIP Number: BlockchAIn Inc.’s common stock will have a new CUSIP number, 09108.
• Leadership Comments: CEOs of both companies have provided updates, emphasizing shareholder communication and the strategic potential of the combined entity.
• Advisors: Maxim Group LLC is acting as financial advisor to BlockchAIn. Legal counsel includes Bevilacqua PLLC for Signing Day Sports and Loeb & Loeb LLP for BlockchAIn.

Details Investors and Shareholders Must Know

• Business Combination Structure: Upon closing, Signing Day Sports and BlockchAIn LLC will operate as subsidiaries of BlockchAIn Inc. This structural change could impact the valuation and growth trajectory of the combined company.
• Transition Schedule: The transition in ticker symbol is immediate and may affect liquidity and visibility of the shares. Investors should be aware of the trading schedule to avoid confusion or missed trading opportunities.
• Financial Performance of BlockchAIn LLC: BlockchAIn LLC operates a 40 MW data center facility in South Carolina. In 2024, this facility generated \$22.9 million in revenue and \$5.7 million in net income, demonstrating strong operational performance and profitability.
• Expansion Plans: BlockchAIn LLC is planning AI data center expansions with favorable economics for activation in 2026 and 2027. This could drive future growth and may be price sensitive as it positions the company to capitalize on growing demand for AI and high-performance computing (HPC) infrastructure.
• Strategic Focus: The combined company aims to become a leader in scalable, sustainable power and data infrastructure, purpose-built for AI hosting, HPC, and accelerated compute applications.
• Signing Day Sports Business Model: The company offers an app for student-athletes to build recruitment profiles, including video-verified measurables, academic information, and skill videos, targeting the college sports recruitment market.
• Potential Risks: The press release includes forward-looking statements and cautions about risks including successful completion and integration of the business combination, ability to obtain funding, market acceptance, competition, strategic execution, compliance with data privacy laws, and retention of key personnel.
• Investor Communications: Contacts are provided for both companies, suggesting ongoing transparency and engagement with investors.

Potential Price-Sensitive Factors

• Ticker Change: The change in ticker symbol is a material event for shareholders and could affect liquidity, trading dynamics, and institutional visibility.
• Business Combination: Major structural changes often impact share valuation, especially given BlockchAIn LLC’s profitable operations and expansion plans in a high-growth sector (AI/HPC).
• Expansion and Revenue Growth: The disclosed revenue and net income figures for BlockchAIn LLC, along with planned expansions, may attract investor interest and could positively impact the share price if executed successfully.
• Forward-Looking Statements: Risks related to integration, funding, market acceptance, and competition are important considerations for shareholders and could influence share price volatility and future performance.

Full Statement from Leadership

Daniel Nelson, CEO of Signing Day Sports: “As we approach the expected closing of the business combination, we wanted to provide stockholders with a clear update on the anticipated trading schedule. Signing Day Sports will continue trading under the ticker symbol ‘SGN’ through today’s market close. We appreciate the support our stockholders have shown throughout this process.”

Jerry Tang, CEO of BlockchAIn: “We are excited to be moving toward the expected closing of the transaction to commence trading under the ticker symbol ‘AIB’ tomorrow, subject to closing. We believe the combined company is well-positioned to capitalize on the growing demand for AI and high-performance computing (HPC) infrastructure.”

What Investors Should Do

• Review the Registration Statement on Form S-4 and proxy statement/prospectus filed by BlockchAIn Inc. with the SEC for detailed information and risks associated with the transaction.
• Monitor trading activity and liquidity around the ticker transition dates (March 16 and March 17, 2026).
• Evaluate the prospects of the combined entity, especially BlockchAIn LLC’s revenue growth, expansion plans, and market positioning in AI/HPC infrastructure.
• Consider the stated risks and uncertainties and stay updated with further announcements from the company.

Disclaimer

This article contains forward-looking statements and is intended for informational purposes only. All forward-looking statements are subject to substantial risks and uncertainties, including, but not limited to, completion and integration of the business combination, funding, market acceptance, competition, compliance, and retention of key personnel. No forward-looking statement is a guarantee of future performance. Investors should review all company filings and consult with their financial advisors before making investment decisions.

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