From GlobeNewswire:

Signing Day Sports, Inc. announced a Common Stock Purchase Agreement with Tumim Stone Capital LLC. The company can sell its common stock to Tumim over 24 months, with an option to do so at its discretion. The proceeds will be used for working capital and general corporate purposes. The shares will not be registered under the Securities Act and are exempt from registration requirements. The company has no immediate plans to raise capital but believes this provides the flexibility for future growth initiatives. Forward-looking statements show risks and uncertainties associated with the agreement. The full agreement details will be available through the SEC and the Company’s website. For more information on Signing Day Sports, visit their website.



Read more: Signing Day Sports Enters into Common Stock Purchase