Signing Day Sports Shares Soar On Advancement of Business Combination with One Blockchain
By Nicholas G. MillerShares of Signing Day Sports soared Friday after the company said it was advancing a business combination with One Blockchain, a bitcoin mining and high-powered computing company.Signing Day Sports stock rose 89% to $2.34, continuing a 189% surge over the previous three months.The sports recruitment company first said in April that it intended to acquire 100% of the issued and outstanding membership interest of One Blockchain and form a new company with Signing Day Sports and One Blockchain as subsidiaries.On Friday, Signing Day Sports confidentially submitted a draft registration statement of the business combination to the Securities and Exchange Commission.Write to Nicholas G. Miller at [email protected].