Signing Day Sports to Merge with BlockchAIn
Signing Day Sports has announced a special stockholder meeting for March 13, 2026, to approve its business combination with BlockchAIn Digital Infrastructure, Inc. Upon completion, the combined entity is expected to trade on the NYSE American under the ticker symbol "AIB".
- Upon completion of the all-equity merger, Signing Day Sports stockholders are expected to own approximately 8.5% of the combined company, with BlockchAIn's equity holders owning the remaining 91.5%. - BlockchAIn Digital Infrastructure focuses on crypto mining, artificial intelligence (AI), and high-performance computing (HPC) data hosting. In 2024, the company generated unaudited revenue of $26.8 million and a net income of $4.0 million. - BlockchAIn's current operations include a 40 MW crypto mining and data hosting facility in South Carolina, with plans to expand to 50 MW. The company is also commissioning a new 150 MW facility in Texas, expected to be activated in late 2026, which will be dedicated to crypto mining, AI, and HPC data hosting. - The transaction is structured as an all-equity exchange valued at approximately $215 million, with no cash payment required from Signing Day Sports. - The management team of BlockchAIn, led by CEO Jerry Tang, will continue to operate the digital infrastructure business post-merger. - To support the new focus on AI and HPC infrastructure, Eyal Rozen was named Chief Operating Officer of BlockchAIn in January 2026, bringing 25 years of experience in AI, cloud computing, and cybersecurity. - The original business combination agreement was signed on May 27, 2025, and was subsequently amended on November 10, 2025, and December 21, 2025, to extend the termination date. - Signing Day Sports, founded in 2019 and based in Scottsdale, Arizona, developed a digital platform and app to help high school athletes navigate the college recruitment process.
