SANTA MONICA, Calif., May 30, 2025 – Super League Enterprise, Inc. (NASDAQ: SLE), a company at the forefront of revolutionizing brand engagement through playable media, today announced the successful closure of an underwritten public offering. The offering, which generated gross proceeds of approximately $500,000 for the company, before deducting underwriting fees and other related expenses, underscores confidence in Super League’s strategic vision.
The offering encompassed 4,166,666 shares of common stock, priced at $0.12 per share. Adding to the positive momentum, the underwriter exercised its overallotment option, which injected an extra 416,666 shares of common stock into the market. With the exercise of the overallotment option, the transaction brought the total gross proceeds to the company to approximately $550,000. These funds, secured on May 30, 2025, are earmarked for general corporate purposes, working capital, and the partial repayment of existing debt, bolstering the company’s financial flexibility.
Super League’s commitment to shaping the future of brand interaction is further propelled by this successful offering. The company expects to use the net proceeds from the offering, together with its existing cash, for general corporate purposes, working capital and the repayment of a portion of the Company’s indebtedness.
Super League (Nasdaq: SLE) is redefining the way brands connect with consumers. Through the power of playable media, Super League provides global brands with ads, content, and experiences that are not just seen – they’re played, felt, and remembered within mobile games and leading immersive gaming platforms. Their proprietary technology, coupled with an award-winning development studio and a vast network of native creators, uniquely positions Super League to help brands stand out, build loyalty, and drive measurable impact. In an attention-scarce environment, Super League makes brands relevant by making them playable.
Forward-Looking Statements
This report contains “forward-looking statements” as that term is defined in the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended. These statements, which go beyond simply describing current facts, cover areas like product development and business prospects. They often incorporate terms like “may,” “will,” “expect,” “project,” and similar words. These forward-looking statements are based on what the company knows now and its current plans and expectations. They involve risks, including whether or not the Company will be able to raise capital through the sale of its securities; market conditions; satisfaction of customary closing conditions related to the Offering; the Company’s ability to maintain adequate liquidity and financing sources; various risks related to the Company’s business operations; and others detailed in the Company’s filings with the SEC. There’s no guarantee Super League can complete the offering as planned, or at all. Actual results could differ significantly if risks materialize. Although management considers these expectations reasonable, Super League can’t guarantee future outcomes. Unless required by law, the company doesn’t plan to update these statements.
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