8-K - Signing Day Sports, Inc. | StockGist

AI Analysis

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Signing Day Sports completed the closing of its business combination with BlockchAIn on March 16, 2026, becoming a wholly-owned subsidiary, with former One Blockchain members owning 88.3% of BlockchAIn post-closing. All prior executives and directors resigned, new CEO and CFO were appointed, a Purchase Agreement was terminated, and 3,172,704 shares were issued to Boustead.

Key Takeaways

1Business Combination closed March 16, 2026; Signing Day Sports and One Blockchain became wholly-owned subsidiaries of BlockchAIn.

2Exchange ratio of 0.09334; 3,198,511 BlockchAIn common shares issued to Signing Day Sports stockholders.

3Post-closing ownership: One Blockchain members 88.3%, Signing Day Sports stockholders 8.5%, Maxim Group 3.2%.

4All executives (Daniel Nelson, Damon Rich, Craig Smith, Jeffry Hecklinski) and directors (Peter Borish, Greg Economou, Roger Mason, Daniel Nelson, Jeffry Hecklinski) resigned March 16, 2026, in connection with Closing.

5Jerry Tang appointed CEO and director; Jolienne Halisky appointed CFO immediately following resignations.

6Issued 3,172,704 Signing Day Sports common shares to Boustead Securities pursuant to Amended Termination Agreement.

7Terminated Purchase Agreement dated July 21, 2025, with Helena Global Investment Opportunities 1 Ltd., effective March 20, 2026.

Current Report Details

Event Type

Material Agreement+3 More

Disclosure

Mandatory

Variant

8-K

Items Reported

1.01

and Item 3.02 of the Current Report on Form 8-K filed by the Company with the SEC on October 15, 2024 (collectively, the “2024 Form 8-Ks”), is incorporated by r

Material Agreement

Boustead by the Company

1.02

Termination of a Material Definitive Agreement. On March 13, 2026, the Company gave written notice of termination of the Purchase Agreement, dated as of July 21

Material Agreement

3.02

Unregistered Sales of Equity Securities. The information contained under the heading “ Termination Agreement ” under Item 1.01 and under Item 3.02 of the Curren

Securities Issuance

5.01

Changes in Control of Registrant. The information contained under Item 8.01 of this Current Report on Form 8-K is incorporated by reference herein. Item 5.02 De

Corporate Governance

directors of the CompanyChief Executive Officer and Chief Financial OCompany on any matter known to an executive officer of the Company

8.01

Other Events. As previously disclosed under Item 1.01 of the Current Reports on Form 8-K filed by the Company with the SEC on May 28, 2025 , November 12, 2025 ,

Other Event

Executive & Director Changes

Daniel Nelson

Chief Executive Officer and Chairman

restricted share grant

Effective: 2026-03-13

Damon Rich

Chief Financial Officer

restricted share grant

Effective: 2026-03-13

Craig Smith

Chief Operating Officer and Secretary

restricted share grant

Effective: 2026-03-13

Daniel Nelson

Chief Executive Officer and Chairman

resignation

Effective: 2026-03-16