Signing Day Sports Extends Swifty Global Acquisition Timeline as Target Posts $128M Revenue | SGN Stock News
Summary
The amended term sheet extended this date to November 22, 2024, to allow both Signing Day Sports and Swifty to continue their cooperative efforts to gain all regulatory approvals necessary to close the transaction. Swifty has already demonstrated significant momentum in the online gaming industry, reporting approximately in net profit and in revenue for the fiscal year ended December 31, 2023. A further description of the Term Sheet is contained in the current report on Form 8-K that was filed by the Company with the Securities and Exchange Commission (the “SEC”) on September 19, 2024, and a copy of the Term Sheet was filed as an exhibit to such Form 8-K. For further information about Signing Day Sports and Swifty, please see their communication channels listed below: Forward-Looking Statements This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as "may," "could," "will," "should," "would," "expect," "plan," "intend," "anticipate," "believe," "estimate," "predict," "potential," "project" or "continue" or the negative of these terms or other comparable terminology. If one or more of these risks, uncertainties or other factors become applicable, or if our underlying assumptions prove to be incorrect, actual events or results may vary significantly from those implied or projected by the forward-looking statements.