Signing Day Sports Jumps 4.8% Post-SEC Clearance for $215M Merger
Signing Day Sports shares jumped 4.79% to $0.44 after hours following the SEC’s Jan. 30 effectiveness of its $215 million business combination registration. Shareholders will vote on March 13 to approve the all-equity merger with Blockchain Digital Infrastructure, which will form wholly owned subsidiaries under new ticker AIB.
1. SEC Declares Merger Registration Effective
On Jan. 30 the SEC declared effective the registration statement filed by Blockchain Digital Infrastructure for its proposed merger with Signing Day Sports. The announcement drove a 4.79% after-hours rise in Signing Day Sports shares to $0.44, reflecting investor optimism about the transaction’s progress.
2. Special Meeting Scheduled for March 13
Signing Day Sports has set a special shareholder meeting for March 13 to vote on the business combination. Approval at this meeting is required to finalize the all-equity transaction valued at approximately $215 million.
3. Deal Terms and Post-Merger Structure
In April 2025, Signing Day Sports signed a non-binding letter of intent to acquire Blockchain Digital Infrastructure for $215 million in stock. Upon closing, both companies’ operating entities will become wholly owned subsidiaries and are expected to list on NYSE American under the ticker AIB.
4. Current Trading Metrics and Historical Performance
Signing Day Sports has a market capitalization of $5.77 million, with a 52-week high of $4.27 and low of $0.11, representing an 80.29% decline over the past year. The stock’s RSI stands at 56.55 and is trading roughly 7.45% above its 52-week low.