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Signing Day Sports, Inc. (SGN) has issued an update.
Signing Day Sports, Inc. revised its employment agreement with CEO Daniel Nelson to update severance terms. If Nelson is let go without cause, he’ll receive a year’s worth of salary in monthly payments. In the event of a company takeover, his severance would be half his salary over six months. These changes are designed to offer financial stability for Nelson should unexpected corporate restructuring occur.
Find detailed analytics on SGN stock on TipRanks’ Stock Analysis page.