Super League Enterprise Files 8-K with Material Agreement

TL;DR

SLGG signed a material definitive agreement, filing an 8-K on Feb 26, 2024.

AI Summary

Super League Enterprise, Inc. announced on February 26, 2024, that it entered into a Material Definitive Agreement. The company also reported other events and filed financial statements and exhibits as part of this 8-K filing. The filing details include the company's incorporation in Delaware and its principal executive offices located in Santa Monica, California.

Why It Matters

This 8-K filing indicates a significant new agreement for Super League Enterprise, Inc., which could impact its future business operations and financial performance.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that are not yet fully understood, requiring further analysis.

Key Numbers

• 001-38819 — Commission File Number (SEC file number for Super League Enterprise, Inc.)
• 47-1990734 — IRS Employer Identification Number (Tax identification number for Super League Enterprise, Inc.)

Key Players & Entities

• Super League Enterprise, Inc. (company) — Registrant
• February 26, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• Santa Monica, California (location) — Address of principal executive offices

FAQ

Key Financial Figures

• $0.001 — h registered Common Stock , par value $0.001 per share SLE Nasdaq Capital Market
• $1,000,000 — Agreement "), the Company will receive $1,000,000 purchase consideration for Minehut, whi

Filing Documents

• slgg20240301_8k.htm (8-K) — 24KB
• ex_633692.htm (EX-99.1) — 11KB
• 0001437749-24-006324.txt ( ) — 173KB
• slgg-20240226.xsd (EX-101.SCH) — 3KB
• slgg-20240226_def.xml (EX-101.DEF) — 12KB
• slgg-20240226_lab.xml (EX-101.LAB) — 15KB
• slgg-20240226_pre.xml (EX-101.PRE) — 12KB
• slgg20240301_8k_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On February 29, 2024, Super League Enterprise, Inc. (the " Company "), announced that the Company has sold its Minehut business unit (" Minehut ") to GameSafer, Inc., a Delaware corporation (" GameSafer "), in a transaction approved by the Board of Directors of the Company. Pursuant to the Asset Purchase Agreement entered into by and between GameSafer and the Company on February 26, 2024 (the " Agreement "), the Company will receive $1,000,000 purchase consideration for Minehut, which amount will be paid by GameSafer in revenue and royalty sharing over a period of two years, as described in the Agreement. Other than with respect to the Agreement, there is no relationship between the Company or its affiliates with GameSafer or its affiliates. A copy of the press release announcing the sale of Minehut is attached as Exhibit 99.1 to this Current Report on Form 8-K. The forgoing description of the Agreement is qualified in its entirety by reference to the full text of the document, a copy of which shall be filed as an exhibit to the Company's next periodic report filed under the Securities and Exchange Act of 1934, as amended.

01. Other Events

Item 8.01. Other Events. See Item 1.01.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits . (d) Exhibits Index Exhibit No. Description 99.1 Press Release dated February 29, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

Signatures

Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Super League Enterprise, Inc. Date: March 1, 2024 By: /s/ Clayton Haynes Clayton Haynes Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR