Business

Super League Enterprise, Inc. Announces Closing of Registered Direct Offering

SANTA MONICA, Calif., June 02, 2025 (GLOBE NEWSWIRE) -- Super League Enterprise, Inc. (NASDAQ: SLE) (the “Company”), a leader in redefining how brands connect with consumers through the power of playable media, today announced the closing of a registered direct offering with an institutional investor for the purchase and sale of approximately $670,000 of shares of Common Stock and Pre-funded Warrants. The offering consisted of the sale of 5,583,334 shares of Common Stock (or Pre-Funded Units). T

articleSuper League Enterprise, Inc.June 2, 20254/company/super-league-enterprise-inc/news/super-league-enterprise-inc-announces-151900134
Super League Enterprise, Inc. Announces Closing of Registered Direct Offering

About this update from Super League Enterprise, Inc.

[{"type":"image","alt":"Super League Enterprise","displaySize":"","headline":null,"caption":"Super League Enterprise","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":111,"url":"https://media.zenfs.com/en/globenewswire.com/f431b51507c29adce0d57f033147428f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/tFwHWcgIEqATmqSXebuBYg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE1NTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/f431b51507c29adce0d57f033147428f","width":300,"height":111}},"lazy":false},{"type":"text","content":"SANTA MONICA, Calif., June 02, 2025 (GLOBE NEWSWIRE) --  Super League Enterprise, Inc. (NASDAQ: SLE) (the “Company”), a leader in redefining how brands connect with consumers through the power of playable media, today announced the closing of a registered direct offering with an institutional investor for the purchase and sale of approximately $670,000 of shares of Common Stock and Pre-funded Warrants.","length":410,"tagName":"p"},{"type":"text","content":"The offering consisted of the sale of 5,583,334 shares of Common Stock (or Pre-Funded Units). The public offering price per share of Common Stock was $0.12 (or $0.11999 for each Pre-Funded Warrant, which is equal to the public offering price per share of Common Stock sold in the offering minus an exercise price of $0.00001 per Pre-Funded Warrant). The Pre-Funded Warrants are immediately exercisable and may be exercised at any time until exercised in full.","length":459,"tagName":"p"},{"type":"text","content":"Aggregate gross proceeds to the Company were approximately $670,000. The transaction closed on June 2, 2025. The Company expects to use the net proceeds from the offering, together with its existing cash, for general corporate purposes and working capital.","length":256,"tagName":"p"},{"type":"text","content":"Aegis Capital Corp. acted as exclusive placement agent for the offering. Disclosure Law Group, a Professional Corporation acted as counsel to the Company. Kaufman & Canoles, P.C. acted as counsel to Aegis Capital Corp.","length":222,"tagName":"p"},{"type":"text","content":"The registered direct offering was made pursuant to an effective shelf registration statement on Form S-3 (No. 333-283812) previously filed with the U.S. Securities and Exchange Commission (SEC) and declared effective by the SEC on December 20, 2024. A final pr...

More updates from Super League Enterprise, Inc.

Super LeagueThe Companyprospectus supplementregistered direct offeringCommon StockAegis Capital Corp.Company