Sports company reveals pricing of $5.6 million public offering

Signing Day Sports, Inc. has officially announced the pricing of its recent public offering, raising a total of $5.6 million through the sale of 9,483,500 shares of common stock, accompanied by warrants to purchase 14,225,250 shares of common stock. The shares were offered at a price of $0.5905 each, with the warrants allowing for exercise at $0.7086 per share, or on a zero cash exercise basis up to a specified amount. The offering is expected to close on January 14, 2026, upon meeting standard closing conditions.

Maxim Group LLC has been appointed as the sole book-running manager for the transaction, managing the sale of shares and accompanying warrants. The registration statement filed with the U.S. Securities and Exchange Commission (SEC) relating to this offering was declared effective on January 13, 2026, following the company’s Business Combination Agreement dated May 27, 2025, among other entities. Upon issuance, the common stock and warrants will be separable, although only available for purchase together in this public offering.

The funds raised through this public offering will go towards furthering the company’s mission of assisting student-athletes in their endeavors to play college sports. By utilizing the Signing Day Sports app, student-athletes can create detailed recruitment profiles, complete with video-verified measurables, academic records, and skill videos. These profiles provide college coaches with essential information to evaluate and validate potential recruits effectively.

It is essential to note that this press release may include forward-looking statements, subject to various risks and uncertainties. These statements are not guarantees of future performance and involve inherent risks and uncertainties. Interested parties are encouraged to review the available prospectus related to the offering, filed with the SEC and accessible on their website, for comprehensive details on the transaction.

In conclusion, Signing Day Sports, Inc.’s successful public offering has garnered significant support from investors, resulting in $5.6 million in gross proceeds to further their mission of aiding student-athletes in achieving their dreams of playing college sports. The company continues to innovate through its app and platform, providing valuable resources for both student-athletes and college coaches in the recruitment process.