NEWS
Signing Day Sports Provides Update on Acquisition of Swifty Global
Signing Day Sports (NYSE American: SGN) has provided an update on its acquisition of Swifty Global (OTC:DRCR). Key points include:
1. Both management teams are working on a strategic roadmap for growth and shareholder value.
2. Swifty has committed $150,000 in capital to Signing Day Sports via a promissory note to facilitate the closing process.
3. The companies have signed a binding term sheet for Signing Day Sports to acquire 95-99% of Swifty's shares.
4. The closing is subject to due diligence, definitive agreements, and post-closing requirements including NYSE American approval.
5. Both CEOs expressed confidence in the progress and potential of the combined entity.
1. Both management teams are working on a strategic roadmap for growth and shareholder value.
2. Swifty has committed $150,000 in capital to Signing Day Sports via a promissory note to facilitate the closing process.
3. The companies have signed a binding term sheet for Signing Day Sports to acquire 95-99% of Swifty's shares.
4. The closing is subject to due diligence, definitive agreements, and post-closing requirements including NYSE American approval.
5. Both CEOs expressed confidence in the progress and potential of the combined entity.
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