Signing Day Sports, Inc. (SGN) just unveiled an update.
Signing Day Sports, Inc. has made significant structural changes, receiving stockholder approval to authorize 15 million shares of ‘blank-check preferred stock’, giving its board expansive control over these shares’ features. Additionally, the company expanded its 2022 Equity Incentive Plan, now able to issue more shares, and secured the green light for issuing up to $25 million in common stock under an equity line financing arrangement. Meanwhile, Richard Symington has stepped down from his executive roles, with no indication of disagreement with company practices.
Learn more about SGN stock on TipRanks’ Stock Analysis page.
