SEC Comment Letter 0000000000-23-010604 to Signing Day Sports, Inc. (SGN) (CIK 0001898474) (SGN)
Signing Day Sports, Inc. (SGN) (CIK 0001898474)
Date: Sept. 26, 2023 · CIK: 0001898474 · Accession: 0000000000-23-010604
AI Filing Summary & Sentiment
File numbers found in text: 333-271951
Letter
United States securities and exchange commission logo September 26, 2023 Daniel Nelson Chief Executive Officer Signing Day Sports, Inc. 8355 E Hartford Dr. Suite 100 Scottsdale, AZ 85255 Re:Signing Day Sports, Inc. Amendment No. 5 to Registration Statement on Form S-1 Filed September 20, 2023 File No. 333-271951 Dear Daniel Nelson: We have reviewed your amended registration statement and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to this comment, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our September 14, 2023 letter. Amendment to S-1 filed on September 20, 2023 Notes to the Consolidated Financial Statements Note 4- Internally Developed Software, page F-11 1.We note your response to our prior comment 2. However, you did not tell us and disclose why January 1, 2023 is the date you started to amortize capitalized costs. For all periods presented tell us what cost were capitalized and what costs were not capitalized. Tell us how you determined the capitalized costs were ready for their intended use on January 1, 2023. Your response should be detailed providing a thorough analysis and referring to your basis in accounting literature.
FirstName LastNameDaniel Nelson Comapany NameSigning Day Sports, Inc. September 26, 2023 Page 2 FirstName LastName Daniel Nelson Signing Day Sports, Inc. September 26, 2023 Page 2 You may contact Inessa Kessman, Senior Staff Accountant, at 202-551-3371 or Robert Littlepage, Accounting Branch Chief, at 202-551-3361 if you have questions regarding comments on the financial statements and related matters. Please contact Lauren Pierce, Staff Attorney, at 202-551-3887, or Matthew Crispino, Staff Attorney, at 202-551-3456 with any other questions. Sincerely, Division of Corporation Finance Office of Technology cc: Louis Bevilacqua
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United States securities and exchange commission logo
September 26, 2023
Daniel Nelson
Chief Executive Officer
Signing Day Sports, Inc.
8355 E Hartford Dr. Suite 100
Scottsdale, AZ 85255
Re:Signing Day Sports, Inc.
Amendment No. 5 to Registration Statement on Form S-1
Filed September 20, 2023
File No. 333-271951
Dear Daniel Nelson:
We have reviewed your amended registration statement and have the following
comment. In our comment, we may ask you to provide us with information so we may better
understand your disclosure.
Please respond to this letter by amending your registration statement and providing the
requested information. If you do not believe our comment applies to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response.
After reviewing any amendment to your registration statement and the information you
provide in response to this comment, we may have additional comments. Unless we note
otherwise, our references to prior comments are to comments in our September 14, 2023 letter.
Amendment to S-1 filed on September 20, 2023
Notes to the Consolidated Financial Statements
Note 4- Internally Developed Software, page F-11
1.We note your response to our prior comment 2. However, you did not tell us and disclose
why January 1, 2023 is the date you started to amortize capitalized costs. For all periods
presented tell us what cost were capitalized and what costs were not capitalized. Tell us
how you determined the capitalized costs were ready for their intended use on January 1,
2023. Your response should be detailed providing a thorough analysis and referring to
your basis in accounting literature.
FirstName LastNameDaniel Nelson
Comapany NameSigning Day Sports, Inc.
September 26, 2023 Page 2
FirstName LastName
Daniel Nelson
Signing Day Sports, Inc.
September 26, 2023
Page 2
You may contact Inessa Kessman, Senior Staff Accountant, at 202-551-3371 or Robert
Littlepage, Accounting Branch Chief, at 202-551-3361 if you have questions regarding
comments on the financial statements and related matters. Please contact Lauren Pierce, Staff
Attorney, at 202-551-3887, or Matthew Crispino, Staff Attorney, at 202-551-3456 with any other
questions.
Sincerely,
Division of Corporation Finance
Office of Technology
cc: Louis Bevilacqua