Signing Day Sports Signs Material Definitive Agreement

TL;DR

SDS just signed a big deal, details TBD.

AI Summary

On December 2, 2024, Signing Day Sports, Inc. filed an 8-K report detailing a material definitive agreement. The filing does not specify the other party involved in the agreement or the financial terms, but it indicates a significant event for the company. Further details regarding the nature and impact of this agreement are expected to be disclosed.

Why It Matters

This filing indicates a significant new contract or partnership for Signing Day Sports, which could impact its future revenue and strategic direction.

Risk Assessment

Risk Level: medium — The filing is a material definitive agreement, which is significant, but lacks specific details about the terms and counterparty, creating uncertainty.

Key Players & Entities

• Signing Day Sports, Inc. (company) — Registrant
• December 2, 2024 (date) — Date of Report
• 8355 East Hartford Rd., Suite 100, Scottsdale, AZ 85255 (address) — Principal Executive Offices
• 480-220-6814 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.0001 — ch registered Common Stock, par value $0.0001 per share SGN NYSE American LLC I
• $2,709,817 — k in an aggregate offering amount up to $2,709,817 under the ATM Agreement. Wainwright wil
• $50,000 — by the ATM Agreement in an amount up to $50,000 and up to $2,500 per due diligence upda
• $2,500 — nt in an amount up to $50,000 and up to $2,500 per due diligence update session. The

Filing Documents

• ea0223335-8k_signing.htm (8-K) — 30KB
• 0001213900-24-104643.txt ( ) — 203KB
• sgn-20241202.xsd (EX-101.SCH) — 3KB
• sgn-20241202_lab.xml (EX-101.LAB) — 33KB
• sgn-20241202_pre.xml (EX-101.PRE) — 22KB
• ea0223335-8k_signing_htm.xml (XML) — 4KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On December 2, 2024, Signing Day Sports, Inc., a Delaware corporation (the "Company"), entered into an At The Market Offering Agreement (the "ATM Agreement") with H.C. Wainwright & Co., LLC ("Wainwright"). Pursuant to the ATM Agreement, the Company may offer and sell, from time to time, shares of its common stock, par value $0.0001 per share ("common stock"), through or to Wainwright as the Company's sales agent or as principal, subject to the terms and conditions set forth in the ATM Agreement. The Company has authorized the sale, at its discretion, of shares of common stock in an aggregate offering amount up to $2,709,817 under the ATM Agreement. Wainwright will use commercially reasonable efforts consistent with its normal trading and sales practices to sell shares of common stock from time to time based upon the Company's instructions, including any price, time or size limits specified by the Company. Upon delivery of a placement notice, and subject to the Company's instructions in that notice, and the terms and conditions of the ATM Agreement generally, Wainwright may sell shares of common stock by any method permitted by law deemed to be an "at the market offering" as defined by Rule 415(a)(4) promulgated under the Securities Act of 1933, as amended (the "Securities Act"). The offer and sale of shares of common stock will be made pursuant to the Company's shelf registration statement on Form S-3, which was filed with the Securities and Exchange Commission ("SEC") on December 2, 2024 (File No. 333-283559) (the "Registration The Company will not make any offers or sales of shares of common stock or any other securities registered thereunder unless and until the Registration Statement is declared effective by the SEC. The Company is not obligated to make any sales of shares of

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 At The Market Offering Agreement, dated as of December 2, 2024, between Signing Day Sports, Inc. and H.C. Wainwright & Co., LLC (incorporated by reference to Exhibit 1.3 to the Registration Statement on Form S-3 filed on December 2, 2024) 104 Cover Page Interactive Data File (embedded with the Inline XBRL document). 1

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: December 2, 2024 Signing Day Sports, Inc. /s/ Daniel Nelson Name: Daniel Nelson Title: Chief Executive Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR