Signing Day Sports and BlockchAIn Provide Update on Expected Ticker Symbol Transition and Common Stock Trading Schedule
MWN-AI** Summary
Signing Day Sports, Inc. and BlockchAIn Digital Infrastructure, Inc. have provided an important update regarding their anticipated ticker symbol transition and common stock trading schedule following their recently approved business combination. As of March 16, 2026, Signing Day Sports will continue trading on the NYSE American under the ticker symbol "SGN" until market close. Starting March 17, 2026, BlockchAIn Inc.’s common stock is expected to commence trading under the ticker symbol "AIB" at 9:30 a.m. EDT, contingent upon the successful completion of the business combination.
The transaction aims to position the combined entity strategically within the rapidly evolving fields of artificial intelligence (AI) and high-performance computing (HPC) infrastructure. Daniel Nelson, CEO of Signing Day Sports, emphasized the importance of this transition and appreciated the support from stockholders during the process. Alongside him, Jerry Tang, CEO of BlockchAIn, expressed enthusiasm for the merger, highlighting the potential to leverage synergies in both companies for future growth and market demand.
The new CUSIP number for BlockchAIn Inc.'s common stock has been designated as 093919108. Stakeholders are encouraged to review the Registration Statement on Form S-4, as well as the proxy statement/prospectus filed with the U.S. Securities and Exchange Commission (SEC), for further details regarding the merger transaction.
Investors are reminded that the statements made in relation to the business combination involve certain risks and uncertainties, and actual results may differ from projections. The successful navigation through the complexities of this merger and the companies' ability to capitalize on market opportunities will be critical as both entities transition towards their new operational structure and strategic goals.
MWN-AI** Analysis
As the anticipated ticker symbol transition progresses, investors in Signing Day Sports (NYSE American: SGN) and BlockchAIn Digital Infrastructure (expected ticker: AIB) should approach this pivotal moment with caution and strategic foresight. The business combination, highlighted by stockholder approval on March 13, 2026, signifies a merger that positions BlockchAIn Inc. to tap into the burgeoning AI and high-performance computing (HPC) sectors.
Signing Day Sports will continue trading as SGN until March 16, 2026, when it will officially transition to BlockchAIn Inc., which starts trading under the symbol AIB on March 17, 2026. This short window allows investors to make final trades under the existing symbol, which has been designed to appeal to stakeholders familiar with the Company's collegiate sports recruitment technology.
BlockchAIn's commitment to establishing a robust digital infrastructure for AI applications is compelling, particularly as the demand for sustainable and scalable solutions is on the rise. The existing data center in South Carolina, which generated $22.9 million in revenue in 2024, appears to provide a solid financial foundation. However, investors should remain vigilant for potential risks tied to market conditions and the execution of expansion plans.
In the short term, current shareholders may wish to assess the implications of the name change on market perception and investor sentiment. Transitioning to a new ticker often invites scrutiny and volatility; thus, short-term trading may involve heightened risk. Long-term investors might look to capitalize on the expected growth opportunities that align with trends in AI and HPC. Overall, a balanced approach incorporating both risk management and growth potential will serve investors well during this transitional phase.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Signing Day Sports Common Stock Expected to Continue Trading on NYSE American Under “SGN” Through March 16, 2026
BlockchAIn Inc. Common Stock Expected to Begin Trading Under “AIB” on March 17, 2026 at 9:30 a.m. EDT
SCOTTSDALE, Ariz. and NEW YORK, March 16, 2026 (GLOBE NEWSWIRE) -- Signing Day Sports, Inc. (“Signing Day Sports” or the “Company”) (NYSE American: SGN) and BlockchAIn Digital Infrastructure, Inc. (“BlockchAIn Inc.”), together with One Blockchain LLC (“BlockchAIn LLC” and, together with BlockchAIn Inc., “BlockchAIn”), today provided an update regarding their expected ticker symbol transition and common stock trading schedule in connection with their previously announced business combination, which was approved by the Company’s stockholders on March 13, 2026.
Upon the closing of the previously announced business combination, expected to occur later today, Signing Day Sports and BlockchAIn LLC will become operating subsidiaries of BlockchAIn Inc. Signing Day Sports common stock is expected to continue trading on the NYSE American under the ticker symbol “SGN” through the close of market on March 16, 2026.
BlockchAIn Inc. common stock is anticipated to begin trading on the NYSE American under the ticker symbol “AIB” on March 17, 2026 at 9:30 a.m. EDT, subject to closing of the business combination. The new CUSIP number for BlockchAIn Inc.’s common stock will be 093919108.
Daniel Nelson, Chief Executive Officer of Signing Day Sports, stated, “As we approach the expected closing of the business combination, we wanted to provide stockholders with a clear update on the anticipated trading schedule. Signing Day Sports will continue trading under the ticker symbol “SGN” through today’s market close. We appreciate the support our stockholders have shown throughout this process.”
Jerry Tang, Chief Executive Officer of BlockchAIn, added, “We are excited to be moving toward the expected closing of the transaction to commence trading under the ticker symbol “AIB” tomorrow, subject to closing. We believe the combined company is well-positioned to capitalize on the growing demand for AI and high-performance computing (HPC) infrastructure.”
For further information about the proposed transaction, investors should review the Registration Statement on Form S-4, as amended, and the proxy statement/prospectus that were publicly filed by BlockchAIn Inc. with the U.S. Securities and Exchange Commission (the “SEC”) relating to this transaction.
Advisors
Maxim Group LLC is serving as financial advisor to BlockchAIn in connection with the transaction. Bevilacqua PLLC is serving as legal counsel to Signing Day Sports, and Loeb & Loeb LLP is serving as legal counsel to BlockchAIn.
About One Blockchain LLC
BlockchAIn LLC is a developer and operator of digital infrastructure focused on HPC and AI hosting. BlockchAIn LLC has planned AI data center expansions with favorable economics for activation in 2026 and 2027. BlockchAIn LLC operations are currently centered around its existing 40 MW data center facility in South Carolina. In 2024, this facility generated approximately $22.9 million in revenue and approximately $5.7 million in net income. BlockchAIn LLC’s mission is to become a leader in creating and operating scalable sustainable power and data infrastructure purpose-built for AI hosting, AI workloads, HPC, and accelerated compute applications.
About Signing Day Sports, Inc.
Signing Day Sports’ mission is to help student-athletes achieve their goal of playing college sports. Signing Day Sports' app allows student-athletes to build their Signing Day Sports' recruitment profile, which includes information college coaches need to evaluate and verify them through video technology. The Signing Day Sports app includes a platform to upload a comprehensive data set including video-verified measurables (such as height, weight, 40-yard dash, wingspan, and hand size), academic information (such as official transcripts and SAT/ACT scores), and technical skill videos (such as drills and mechanics that exemplify player mechanics, coordination, and development).
Investor Contacts:
Signing Day Sports, Inc.:
Crescendo Communications, LLC
212-671-1020
SGN@crescendo-ir.com
BlockchAIn Digital Infrastructure, Inc. and One Blockchain LLC:
Chris Tyson
Executive Vice President
MZ Group - MZ North America
Phone: (949) 491-8235
GWH@mzgroup.us
www.mzgroup.us
Forward-Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “may,” “could,” “will,” “should,” “would,” “expect,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “project” or “continue” or the negative of these terms or other comparable terminology and include, but are not limited to, statements regarding the proposed business combination, the expected listing of BlockchAIn Inc’s common stock on NYSE American under the ticker symbol “AIB” and the anticipated benefits of the transaction. These statements are only predictions. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors, including without limitation, the parties’ ability to complete the transaction and integrate their respective businesses into a combined publicly listed company post-merger, the occurrence of any event, change or other circumstances that could prevent the common stock of BlockchAIn Inc. from commencing trading on the NYSE American LLC at 9:30 a.m. EDT on March 17, 2026 or, subsequently, of continuing to trade on such market or of qualifying to trade on any securities trading market, the parties’ ability to obtain sufficient funding to maintain operations and develop additional services and offerings, market acceptance of the parties’ current products and services and planned offerings, competition from existing or new offerings that may emerge, impacts from strategic changes to the parties’ business on net sales, revenues, income from continuing operations, or other results of operations, the parties’ ability to attract new users and customers, the parties’ ability to retain or obtain intellectual property rights, the parties’ ability to adequately support future growth, the parties’ ability to comply with user data privacy laws and other current or anticipated legal requirements, and the parties’ ability to attract and retain key personnel to manage their business effectively. These risks, uncertainties and other factors are described more fully in the section titled “Risk Factors” of the Registration Statement on Form S-4 filed by BlockchAIn with the SEC on December 1, 2025, as amended on December 23, 2025, January 21, 2026, January 22, 2026, January 30, 2026, and February 17, 2026, which was declared effective by the SEC on January 30, 2026, and the proxy statement/prospectus that was filed by BlockchAIn Inc. with the SEC on February 17, 2026, relating to this transaction. See also the section titled “Risk Factors” in the Company’s periodic reports which are filed with the SEC. These risks, uncertainties and other factors are, in some cases, beyond the parties’ control and could materially affect results. If one or more of these risks, uncertainties or other factors become applicable, or if these underlying assumptions prove to be incorrect, actual events or results may vary significantly from those implied or projected by the forward-looking statements. No forward-looking statement is a guarantee of future performance. All subsequent written and oral forward-looking statements concerning Signing Day Sports, BlockchAIn, or any of their affiliates, or other matters and attributable to Signing Day Sports, BlockchAIn, any of their affiliates, or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.
FAQ**
What are the key strategic advantages that Signing Day Sports Inc. SGN expects to gain from the business combination with BlockchAIn Digital Infrastructure, Inc.?
How will the transition from Signing Day Sports Inc. SGN to BlockchAIn Inc. impact the current stockholders and their investment outlook moving forward?
What contingency plans are in place should the anticipated trading of BlockchAIn Inc. under “AIB” on March 17, 2026, face any market delays or regulatory challenges?
In what ways does BlockchAIn Inc. plan to leverage Signing Day Sports Inc. SGN’s technology and platform to enhance its own AI and high-performance computing services post-merger?
4. What risks does AIB Acquisition Corporation AIB foresee in the integration of Signing Day Sports and BlockchAIn LLC, and how do you plan to mitigate them during the transition process?
**MWN-AI FAQ is based on asking OpenAI questions about Signing Day Sports Inc. (NYSE: SGN).
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