SCHEDULE: Evergreen Capital Discloses 9.99% Stake in Signing Day Sports

Evergreen Capital Management LLC has disclosed a 9.99% beneficial ownership stake in Signing Day Sports, Inc., comprising common shares and warrants.

Summary

• Evergreen Capital Management LLC reported beneficial ownership of 1,410,795 shares of Signing Day Sports, Inc. Common Stock.
• This ownership represents 9.99% of the class of securities.
• The beneficially owned amount includes 1,005,000 Common Shares and 405,795 Warrants to purchase Common Stock.
• The percentage calculation is based on 13,716,281 Common Shares outstanding after an offering, as per the Issuer's Prospectus filed on January 14, 2026, and a Form 8-K filed on January 15, 2026.
• Jeffrey Pazdro, Manager of Evergreen Capital Management LLC, may be deemed to beneficially own these securities but disclaims beneficial ownership for other purposes.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive development, as a significant institutional investment often signals confidence in the company's prospects, even if passive.

Positives

• A significant institutional investor, Evergreen Capital Management LLC, has taken a substantial stake (9.99%) in Signing Day Sports, Inc., indicating potential confidence in the company's future.

Risks

• The filing mentions warrants that are subject to a 9.99% beneficial ownership limitation, implying potential dilution if the remaining 1,101,705 unexercised warrants are eventually exercised, though this is a standard feature of warrants.

Future Outlook

The filing does not provide specific forward-looking statements or guidance from the company or the reporting person regarding future performance or operations.

Management Comments

• Jeffrey Pazdro is the Manager of the Reporting Person. As Such, Mr. Pazdro may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the securities described herein. To the extent Mr. Pazdro is deemed to beneficially own such securities, Mr. Pazdro disclaims beneficial ownership of these securities for all other purposes.
• By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11.

Industry Context

StockSavvy.ai notes that a Schedule 13G filing indicates a passive investment by an institutional investor, suggesting a belief in the long-term value of Signing Day Sports, Inc. without an intent to influence control. This type of disclosure is common for investment funds accumulating significant, but non-controlling, stakes in public companies.

Comparison to Industry Standards

• This filing is a standard disclosure for an institutional investor crossing the 5% beneficial ownership threshold, as mandated by SEC regulations.
• It does not provide performance metrics for direct comparison to industry peers or benchmarks.
• The 9.99% stake is a substantial position for a single entity, often seen as a vote of confidence, but without further context on the company's financials or industry performance, direct comparisons are limited.

Stakeholder Impact

• Shareholders may view the significant stake by Evergreen Capital Management LLC as a positive signal, potentially increasing investor confidence and demand for the stock.

Next Steps

• The filing does not explicitly mention future actions or milestones for Signing Day Sports, Inc. or Evergreen Capital Management LLC beyond the regulatory disclosure itself.

Key Dates

Recommendation

While the disclosure of a significant institutional stake is generally positive, a Schedule 13G filing alone does not provide enough fundamental information about the company's operations, financial health, or strategic direction to warrant a 'buy' or 'sell' recommendation. Investors should 'hold' and await further operational or financial updates from Signing Day Sports, Inc. to make a more informed decision.

Keywords

Signing Day Sports, Evergreen Capital Management, Schedule 13G, Beneficial Ownership, Common Stock, Warrants, Institutional Investment, SDS