Signing Day Sports Identifies Synergies from Acquisition of Swifty Global, Expected to Drive Accelerated Revenue Growth, Cost Savings, and Global Expansion
Signing Day Sports, Inc. (SGN)
Company Research
Source: GlobeNewswire
SCOTTSDALE, Arizona, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Signing Day Sports, Inc. (“Signing Day Sports” or the “Company”) (NYSE American: SGN), the developer of the Signing Day Sports app and platform to aid high school athletes in the recruitment process, today provided an update regarding its financial position and its plans to acquire Dear Cashmere Group Holding Company (OTC:DRCR), doing business as Swifty Global (“Swifty”), highlighting the strategic and financial synergies that are expected to drive accelerated growth and operational efficiency for both companies. Extinguishment of Convertible Notes As of September 23, 2024, the outstanding convertible senior secured promissory notes of the Company, with an original balance of more than $0.6 million, had been fully extinguished, primarily from conversion into shares of common stock. The improved financial position strengthens the Company’s prospects for growth and future capital raising. Key H
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SGN
News
- Signing Day Sports Provides Update on Acquisition of Swifty GlobalGlobeNewswire
- US Army Bowl National Combine Returns for 3rd Annual Event Powered by Signing Day Sports [Yahoo! Finance]Yahoo! Finance
- US Army Bowl National Combine Returns for 3rd Annual Event Powered by Signing Day SportsGlobeNewswire
- Signing Day Sports Announces Selected Financial Results for Three and Six Months Ended June 30, 2024GlobeNewswire
SGN
Sec Filings
- 10/21/24 - Form SC
- 10/17/24 - Form 4
- 10/17/24 - Form 4
- SGN's page on the SEC website