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Signing Day Sports, Inc. - SGN STOCK NEWS

Welcome to our dedicated page for Signing Day Sports news (Ticker: SGN), a resource for investors and traders seeking the latest updates and insights on Signing Day Sports stock.

Signing Day Sports, Inc. (NYSE American: SGN) is a leading technology company dedicated to revolutionizing the college sports recruitment process for high school athletes. The company's flagship platform, Signing Day Sports, is a comprehensive digital ecosystem designed to help student-athletes get discovered and recruited by coaches and recruiters nationwide.

Through the Signing Day Sports app, high school athletes can create robust recruitment profiles that include video-verified measurables (such as height, weight, and 40-yard dash times), academic information (like transcripts and SAT/ACT scores), and technical skill videos. This extensive data set is essential for college coaches to evaluate and verify the athletes' capabilities, making the recruitment process more efficient and transparent.

The company has achieved significant milestones, including record participation at the 2023 U.S. Army Bowl Week, where 1,000 new athletes signed up for the app. It also announced a schedule of 21 events for the 2024 U.S. Army Bowl National Combine Series, which will expose over 4,000 student-athletes to its platform. These events are crucial in providing recruitment exposure and promoting the app to new users.

Financially, Signing Day Sports has reported a 334% year-over-year revenue increase for Q1 2024, reflecting its expanding influence and growing subscriber base. The company has also diversified its revenue streams by launching a new line of dietary supplements and branded apparel, catering to the holistic needs of student-athletes.

The company's mission is to help student-athletes achieve their dream of playing college sports. With plans to expand its platform to support additional sports, Signing Day Sports continues to innovate and grow, offering unparalleled support and opportunities for aspiring college athletes.

News

Signing Day Sports Announces Appointment of Jeff Hecklinski as President

Rhea-AI Summary
Signing Day Sports appoints Jeff Hecklinski as President and Board Member, bringing extensive NCAA football experience to aid in the growth of the Signing Day Sports app for high school athletes.
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Signing Day Sports Introduces Branded Apparel Line Catering to the Needs of Athletes at Every Level

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Signing Day Sports, Inc. (SGN) launches a new line of high-quality apparel products, including pre-scrunched socks, leg sleeves, streamer towels, and U.S. Army Bowl performance shirts. Future expansions to include mouthguards, backpacks, sweatshirts, hats, and more. The company aims to cater to athletes' needs with innovative features for superior comfort, mobility, and performance.
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Signing Day Sports Announces Addition of Experienced Capital Markets Executive Peter Borish to Board of Directors

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Signing Day Sports, Inc. (SGN) appoints Peter Borish, a seasoned professional in capital markets, to its board of directors. Borish brings vast experience in strategic planning and leadership development. His addition is expected to benefit the Company post-IPO by enhancing the app and ecosystem for student-athletes.
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Signing Day Sports Launches Dietary Supplements Line for Student-Athletes

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Signing Day Sports, Inc. (SGN) has launched a new line of dietary supplements specifically designed to support the recruitment of student-athletes. The supplements include 'Create,' a performance-boosting creatine; 'Build,' a whey protein powder; and 'Stingrs,' energy chews. These products aim to enhance energy levels, promote muscle growth, and delay fatigue. Richard Symington, President and Chief Technology Officer of Signing Day Sports, expressed excitement about the launch, emphasizing the company's commitment to enhancing student-athlete performance and opportunity. The company plans to introduce additional products in the future to support student-athlete diet and nutrition.
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Signing Day Sports Announces More than Five-Fold Increase in Paid Subscribers on its App in 2023

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Signing Day Sports, Inc. has reported a 20% sequential monthly growth in paid subscribers for its Signing Day Sports app in January 2024 compared to December 2023. The company achieved a five-fold increase in the number of paid subscribers in 2023, indicating rapid growth and a positive experience for coaches and student-athletes. The growth has been attributed to collaborations with key student-athlete recruiting organizations, such as the U.S. Army Bowl and Elite Development Program Soccer, which have allowed for bulk registrations on the app. The U.S. Army Bowl National Combine Series, with 21 events over the next five months, is expected to bring in over 4,000 student-athletes to experience the app's benefits, further contributing to the company's growth.
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Signing Day Sports Promotes Holistic Student-Athlete Wellbeing in the Sports Industry

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Signing Day Sports, Inc. (SGN) announces significant subscriber growth and revenue diversification through a holistic approach to student-athlete wellbeing. The company's Chief of Development, Craig Smith, emphasizes the importance of maintaining key student-athlete recruitment relationships and revenue sources, including flat-fee event registrations and monthly subscriptions. The company plans to extend its revenue sources into a comprehensive line of services to support student-athletes through every step of the process.
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Signing Day Sports Announces Extensive Schedule For The 2024 U.S. Army Bowl National Combine Series Powered By Signing Day Sports

Rhea-AI Summary
Signing Day Sports, Inc. announced an extensive schedule of events as National Recruiting Partner for the 2024 U.S. Army Bowl National Combine Series, with 21 events over the next five months showcasing the skills of over 4,000 student-athletes. The Company's collaboration with The U.S. Army Bowl aims to provide recruitment exposure and prospects to participants, as well as promote the Signing Day Sports app to new users. All participants will be given access to the app's capabilities, advantages, and growing ecosystem to aid in their recruiting and development.
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Signing Day Sports President Richard Symington Interviewed on “The Big Biz Show”

Rhea-AI Summary
Signing Day Sports, Inc. President, Richard Symington, discussed the benefits of the Signing Day Sports app for student-athletes in an interview with 'The Big Biz Show.' The app aids high school athletes in the recruitment process by providing all necessary information in one place. The interview was broadcast on cable TV, streaming services, and radio in 175 countries.
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Signing Day Sports Signs Up More Than 1,000 New Student Athletes During Record-Breaking 2023 U.S. Army Bowl Week

Rhea-AI Summary
Signing Day Sports, Inc. (SGN) achieved record results at the 2023 U.S. Army Bowl Week, with almost 1,000 participants at the National Combine and 14 athletes selected for the 2024 U.S. Army Bowl game. The event saw a significant increase in attendance and positive social media coverage, with over 1,000 new student-athletes signing up for the Signing Day Sports app. The success of the event has invigorated the company, reflecting the impact and resonance of their platform with parents and student-athletes.
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Signing Day Sports Enters into Common Stock Purchase Agreement with Tumim Stone Capital LLC to Support Strategic Opportunities and Future Growth Initiatives

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Signing Day Sports, Inc. (SGN) has entered into a Common Stock Purchase Agreement with Tumim Stone Capital LLC, providing the Company with the right to sell common stock over a 24-month term. The Company believes this transaction provides flexibility and capability to support future growth initiatives. The successful IPO resulted in gross proceeds of $6 million and net proceeds of approximately $4.8 million. The Company plans to use the net proceeds from any sales of common stock for working capital and general corporate purposes.
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FAQ

What is the current stock price of Signing Day Sports (SGN)?

The current stock price of Signing Day Sports (SGN) is $0.177 as of November 15, 2024.

What is the market cap of Signing Day Sports (SGN)?

The market cap of Signing Day Sports (SGN) is approximately 4.0M.

What is Signing Day Sports, Inc.?

Signing Day Sports, Inc. is a technology company that operates the Signing Day Sports platform, which helps high school athletes get discovered and recruited by college coaches.

What does the Signing Day Sports app do?

The Signing Day Sports app allows student-athletes to create recruitment profiles with video-verified performance data, academic information, and skill videos, making it easier for college coaches to evaluate them.

Which sports does the Signing Day Sports platform currently support?

The platform currently supports football and baseball, with plans to expand to include additional sports.

How has Signing Day Sports performed financially?

Signing Day Sports reported a 334% year-over-year revenue increase for the first quarter of 2024, driven by a growing subscriber base and strategic business initiatives.

What recent achievements has Signing Day Sports announced?

Recent achievements include record participation at the 2023 U.S. Army Bowl Week and the launch of a new line of dietary supplements and branded apparel.

How can student-athletes benefit from the Signing Day Sports app?

The app provides tools for creating comprehensive recruitment profiles, access to recruitment events, and opportunities for direct interaction with college coaches.

What new products has Signing Day Sports introduced?

Signing Day Sports has introduced a line of dietary supplements, including creatine powder, whey protein powder, and energy chews, as well as branded apparel products.

What is the significance of the U.S. Army Bowl National Combine Series for Signing Day Sports?

The National Combine Series is important for providing recruitment exposure to over 4,000 student-athletes and promoting the Signing Day Sports app to new users.

What is the mission of Signing Day Sports?

The mission of Signing Day Sports is to help student-athletes achieve their goal of playing college sports by providing a platform that streamlines the recruitment process.

How does Signing Day Sports plan to grow in the future?

Signing Day Sports plans to expand its platform to support additional sports, continue its strategic partnerships, and introduce new products to support student-athlete performance and wellbeing.

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Signing Day Sports, Inc.

NYSE:SGN

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SGN Stock Data

3.96M
18.12M
36.13%
19.23%
0.92%
Software - Application
Services-computer Processing & Data Preparation
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United States of America
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