Signing Day Sports Prices Public Offering at $0.5905 per Share

Signing Day Sports announced the pricing of its public offering of 9,483,500 shares of common stock, which are being offered together with warrants to purchase 14,225,250 shares of common stock, at a public offering price of $0.5905 per share and accompanying warrant. The warrants will be initially exercisable at a price of $0.7086 per share. The warrants may also be exercised on a zero cash exercise basis for a number of shares of common stock pursuant to the formula defined in the warrants subject to a floor price of $0.6760 per share and subject to a beneficial ownership limitation, and may be exercised on such basis until January 26. The warrants will expire on the earlier of full exercise, five years from the initial exercise date, and the closing date of the transactions contemplated by the Business Combination Agreement, dated as of May 27, by and among the Company, BlockchAIn Digital Infrastructure, BDCI Merger Sub I, BCDI Merger Sub II, and One Blockchain, as amended, and as may be subsequently amended. The shares of common stock and accompanying warrants can only be purchased together in this public offering but will be issued separately and will be immediately separable upon issuance. Gross proceeds to the Company, before deducting underwriting discounts and commissions and other offering expenses, are expected to be $5.6M. The offering is expected to close on January 14, subject to the satisfaction of customary closing conditions. Maxim Group is acting as sole book-running manager for the offering.