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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Why Signing Day Sports Stock Is Soaring Today

A,Detailed,Stock,Market,Data,Display,With,Upward,Trending,Arrows

Signing Day Sports, Inc. (AMEX:SGN) shares moved higher Friday after the company revealed that BlockchAIn Digital Infrastructure Inc., a newly formed entity, has confidentially submitted a draft registration statement (Form S-4) with the U.S. Securities and Exchange Commission.

The move is part of an ongoing business combination agreement signed earlier this year between Signing Day Sports and BlockchAIn's operating affiliate, One Blockchain LLC.

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