Signing Day Sports Enters Material Definitive Agreement
Ticker: SGN · Form: 8-K · Filed: Sep 16, 2024 · CIK: 1898474
| Field | Detail |
|---|---|
| Company | Signing Day Sports, Inc. (SGN) |
| Form Type | 8-K |
| Filed Date | Sep 16, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $100,000, $20,000, $24,000, $1,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
SDS just signed a big deal, creating a new financial obligation. Details TBD.
AI Summary
Signing Day Sports, Inc. announced on September 16, 2024, that it has entered into a material definitive agreement. This agreement creates a direct financial obligation for the registrant, though specific details of the agreement and the financial obligation are not provided in this filing.
Why It Matters
This filing indicates a significant new financial commitment or agreement for Signing Day Sports, Inc., which could impact its future financial performance and strategic direction.
Risk Assessment
Risk Level: medium — The filing indicates a new material definitive agreement and a direct financial obligation, which introduces potential financial risks and uncertainties for the company.
Key Players & Entities
- Signing Day Sports, Inc. (company) — Registrant
- September 16, 2024 (date) — Date of earliest event reported
- 8355 East Hartford Rd., Suite 100, Scottsdale, AZ 85255 (address) — Principal executive offices
FAQ
What is the nature of the material definitive agreement entered into by Signing Day Sports, Inc.?
The filing states that Signing Day Sports, Inc. entered into a material definitive agreement, but the specific terms and nature of this agreement are not detailed in this Form 8-K.
What is the direct financial obligation created by this agreement?
The filing confirms the creation of a direct financial obligation for the registrant as a result of the agreement, but the exact amount and terms of this obligation are not specified.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on September 16, 2024.
What is the principal executive office address for Signing Day Sports, Inc.?
The principal executive offices of Signing Day Sports, Inc. are located at 8355 East Hartford Rd., Suite 100, Scottsdale, AZ 85255.
What is the Commission File Number for Signing Day Sports, Inc.?
The Commission File Number for Signing Day Sports, Inc. is 001-41863.
Filing Stats: 684 words · 3 min read · ~2 pages · Grade level 10.9 · Accepted 2024-09-16 16:15:32
Key Financial Figures
- $0.0001 — nge on which registered Common Stock, $0.0001 par value per share SGN NYSE Americ
- $100,000 — er 16, 2024, in the principal amount of $100,000 (the "September 2024 Note"). The Septem
- $20,000 — 2024 Note, such that total interest of $20,000 will accrue as of the end of the first
- $24,000 — ccrue as of the end of the first month, $24,000 as of the end of the second month, and
- $1,000,000 — on the Company receiving any funding of $1,000,000 (the "Maturity Date"). The Company is r
Filing Documents
- ea0214680-8k_signing.htm (8-K) — 27KB
- ea021468001ex4-1_signing.htm (EX-4.1) — 14KB
- 0001213900-24-078970.txt ( ) — 218KB
- sgn-20240916.xsd (EX-101.SCH) — 3KB
- sgn-20240916_lab.xml (EX-101.LAB) — 33KB
- sgn-20240916_pre.xml (EX-101.PRE) — 22KB
- ea0214680-8k_signing_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: September 16, 2024 SIGNING DAY SPORTS, INC. /s/ Daniel Nelson Name: Daniel Nelson Title: Chief Executive Officer 2