secwatch.observer — SEC 8-K summary
======================================

Issuer:     Signing Day Sports, Inc. (—)
CIK:        0001898474
Form:       8-K
Filed at:   2024-04-17T23:59:59+00:00
Accession:  0001213900-24-033576
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Signing Day Sports amends Midwestern settlement; restructures $300K balance into installments with 6% interest
--------------------------------------------------------------------------------

- Total settlement $600,000; first $300,000 paid; remaining $300,000 restructured into installment plan through Aug 31, 2024.
- Installments: $200,000 due Apr 12, 2024; then $25,000 monthly with accrued 6% interest due May 31, Jun 30, Jul 31, Aug 31.
- If default, Midwestern may file confessed judgment for unpaid amount plus 9% interest and attorney's fees.
- Amendment resolves dispute over Work for Hire Agreement; company had alleged Midwestern did not perform.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1898474/000121390024033576/0001213900-24-033576-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1898474/000121390024033576/ea0204036-8k_signing.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-033576

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer