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GlobeNewsWire
1 month ago
Signing Day Sports Provides Update on Business Combination with BlockchAIn
Proposed Combined Company Will be a Cash-Generating, AI-Focused Digital Infrastructure Platform AI-Ready Data Centers, Low-Cost Power and Strategic U.S. Locations Anchor Long-Term Operating Strategy BlockchAIn 2024 Revenue of ~$22.9 Million and Net Income of ~$5.7 Million, with Infrastructure Expansion Expected to Support Up to 5x Increase in Data Center Capacity Over Time Business Combination Anticipated to Close in February or March 2026 SCOTTSDALE, AZ, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Signing Day Sports, Inc. (“Signing Day Sports” or the “Company”) (NYSE American: SGN), today announced its continued focus on progressing toward completion of its previously announced business combination with BlockchAIn Digital Infrastructure, Inc. (“BlockchAIn Inc.”), One Blockchain LLC (“BlockchAIn LLC”), and certain affiliates (collectively, “BlockchAIn”), a U.S.-based digital infrastructure platform purpose-built to support artificial intelligence (“AI”), high-performance computing (“HPC”), and data-intensive workloads. Upon completion of the transaction, the combined company is expected to operate as an AI-focused, power-advantaged digital infrastructure platform, anchored by operating data center assets, demonstrated operating cash flow, and a scalable infrastructure footprint located in business-friendly U.S. jurisdictions.