Signing Day Sports, Inc.: debt financing — Signing Day Sports issues $100k promissory note to CEO; appoints Craig Smith as COO with $150k salary

Signing Day Sports, Inc.

Issued $100k promissory note to CEO Daniel Nelson with 3.5% monthly interest, due June 23, 2024 or upon $1M funding.
Appointed Craig Smith as COO; base salary $150k/yr, at-will employment, no severance, no equity, no bonus per agreement.
Smith previously served as Chief of Development since Feb 2023; background includes college football operations.
The note matures earlier of June 23, 2024 or when Company receives $1M in funding.

item 2.03 item 1.01 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Craig Smith

Chief Operating Officer

Signing Day Sports, Inc.

Effective: 2024-04-22
Filed: April 26, 2024, 7:59 PM ET

On April 22, 2024, the Nominating and Corporate Governance Committee of the board of directors (the “Board”) of the Company, recommended the appointment of Craig Smith, Chief of Development of the Company, as Chief Operating Officer.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Signing Day Sports, Inc. incurred loan of $100,000 with Daniel D. Nelson at monthly rate of 3.5% maturing June 23, 2024.

Instrument: loan
Principal: $100,000
Counterparty: Daniel D. Nelson
Rate: monthly rate of 3.5%
Maturity: June 23, 2024
Event: incurrence

Exact text from the filing

issued a promissory note to Daniel D. Nelson, the Chief Executive Officer, Chairman and a director of the Company, dated April 25, 2024, in the principal amount of $100,000

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Craig Smith was appointed as Chief Operating Officer at Signing Day Sports, Inc..

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On April 22, 2024, the Nominating and Corporate Governance Committee of the board of directors (the “Board”) of the Company, recommended the appointment of Craig Smith, Chief of Development of the Company, as Chief Operating Officer.

View on SEC.gov

316 debt financings filed in the last 30 days. Browse all debt financings →

Source: SEC EDGAR

accession 0001213900-24-036647

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.