Signing Day Sports, Inc. released a shareholder letter providing an update on the proposed business combination with BlockchAIn Digital Infrastructure, Inc.
The Business Combination Agreement will result in stock conversion for Signing Day Sports stockholders and equity securities conversion for BlockchAIn LLC securityholders.
A Registration Statement on Form S-4 was filed by BlockchAIn Inc. with the SEC on December 1, 2025, providing additional information on the business combination.
Business Combination Agreement Details
Signing Day Sports stockholders will receive approximately 8.5% of the outstanding common stock of the combined company, valued at $20.0 million.
Valuation Increase
Fairness opinions assessed BlockchAIn's enterprise value range to be $515.3 million to $776.7 million, indicating significant growth from the previous valuation.
Transaction Timing
The business combination is expected to close in the first quarter of 2026, pending shareholder and regulatory approvals.
AI-Ready Infrastructure
BlockchAIn's focus on high-density compute assets for AI applications positions it for growth in the digital infrastructure market.
- BlockchAIn's expansion into high-density compute assets for AI applications and bitcoin mining aligns with the evolving market demands for energy-efficient processing power.
- The increased valuation of BlockchAIn based on updated fairness opinions underscores potential value for Signing Day Sports shareholders in the business combination.
The proposed business combination between Signing Day Sports and BlockchAIn Digital Infrastructure presents significant growth opportunities for shareholders, reflecting in the valuation assessments and strategic focus on AI-ready digital infrastructure.