Super League Prices $500K Public Stock Offering
Super League Prices $500K Public Stock Offering

Super League Prices $500K Public Stock Offering

News summary

Super League Enterprise, Inc. (NASDAQ: SLE) has priced and launched a public offering of 4,166,666 shares of common stock at $0.12 per share, aiming to raise approximately $500,000 in gross proceeds, or up to $550,000 if the underwriter's overallotment option is exercised. The offering is managed by Aegis Capital Corp. under a shelf registration statement approved by the SEC. Net proceeds are intended for general corporate purposes, working capital, and partial debt repayment. The transaction is expected to close around May 30, 2025, subject to market conditions and standard closing requirements. This capital raise reflects both Super League's growth ambitions in playable media and the need to address financial obligations. Investors are cautioned that the offering's success is not guaranteed and depends on various market and regulatory factors.

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