Super League Enterprise Files 8-K

TL;DR

SLGG filed an 8-K on 10/25/24 covering material agreements and financials.

AI Summary

Super League Enterprise, Inc. filed an 8-K on October 25, 2024, reporting on an entry into a material definitive agreement and other events. The filing also includes financial statements and exhibits. The company's principal executive offices are located at 2856 Colorado Avenue, Santa Monica, California.

Why It Matters

This 8-K filing indicates significant corporate activity, including material agreements and financial updates, which could impact investor understanding of the company's current status and future direction.

Risk Assessment

Risk Level: medium — 8-K filings often contain material information that can lead to stock price volatility, especially if they involve significant agreements or financial changes.

Key Numbers

• 001-38819 — Commission File Number (Identifies the company's SEC filing history)
• 47-1990734 — IRS Employer Identification Number (Company's tax identification number)

Key Players & Entities

• Super League Enterprise, Inc. (company) — Registrant
• October 24, 2024 (date) — Earliest event reported
• October 25, 2024 (date) — Filing date
• 2856 Colorado Avenue Santa Monica , California 90404 (address) — Principal executive offices
• Super League Gaming, Inc. (company) — Former company name
• Nth Games, Inc. (company) — Former company name

FAQ

Key Financial Figures

• $0.001 — h registered Common Stock , par value $0.001 per share SLE Nasdaq Capital Market
• $0.88 — (the "Shares"), at a purchase price of $0.88 per Share (the "Registered Direct Offer
• $1.0 million — roceeds to the Company of approximately $1.0 million. The Shares were offered by the Compan

Filing Documents

• slgg20241024_8k.htm (8-K) — 30KB
• ex_737252.htm (EX-5.1) — 7KB
• ex_737253.htm (EX-10.1) — 168KB
• ex_737357.htm (EX-99.1) — 11KB
• dlglogo.jpg (GRAPHIC) — 14KB
• ex_737357img001.jpg (GRAPHIC) — 3KB
• footer.jpg (GRAPHIC) — 9KB
• 0001437749-24-032069.txt ( ) — 431KB
• slgg-20241024.xsd (EX-101.SCH) — 3KB
• slgg-20241024_def.xml (EX-101.DEF) — 12KB
• slgg-20241024_lab.xml (EX-101.LAB) — 15KB
• slgg-20241024_pre.xml (EX-101.PRE) — 12KB
• slgg20241024_8k_htm.xml (XML) — 3KB

01. Entry Into a Material Definitive Agreement

Item 1.01. Entry Into a Material Definitive Agreement See Item 8.01, which is incorporated by reference herein.

01. Other Events

Item 8.01. Other Events On October 24, 2024, Super League Enterprise, Inc., a Delaware corporation (the "Company"), entered into a Securities Purchase Agreement (the "Purchase Agreement") with a certain accredited investor for the registered direct offering of an aggregate of 1,136,364 shares of the Company's common stock, par value $0.001 per share (the "Shares"), at a purchase price of $0.88 per Share (the "Registered Direct Offering"). The Registered Direct Offering will close on or about October 25, 2024, subject to the satisfaction of customary closing conditions in the Purchase Agreement, and will result in gross proceeds to the Company of approximately $1.0 million. The Shares were offered by the Company pursuant to a prospectus supplement to the Company's currently effective shelf Registration Statement on Form S-3, which was declared effective by the U.S. Securities and Exchange Commission on November 16, 2021 (File No. 333-259347). The Company filed a final prospectus supplement in connection with the Registered Direct Offering on October 25, 2024. The Purchase Agreement contains customary representations, warranties, agreements and conditions to closing, as well as indemnification rights and other obligations of the parties. The Purchase Agreement is filed as an exhibit to this Current Report on Form 8-K to provide investors with information regarding its terms. It is not intended to provide any other factual information about the parties to the Purchase Agreement. In particular, the representations, warranties, covenants and agreements contained in the Purchase Agreement, which were made only for purposes of the Purchase Agreement and as of specific dates, were solely for the benefit of the parties to the Purchase Agreement, may be subject to limitations agreed upon by the contracting parties (including being qualified by confidential disclosures made for the purposes of allocating contractual risk between the parties to the Purchase Agreement instea

Financial Statements and Exhibits

Financial Statements and Exhibits . (d) Exhibits Index Exhibit No. Description 5.1* Opinion of Disclosure Law Group, a Professional Corporation 10.1* Form of Securities Purchase Agreement, dated October 24, 2024 23.1* Consent of Disclosure Law Group, a Professional Corporation (included in Exhibit 5.1) 99.1** Press Release issued by Super League Enterprise, Inc., on October 25, 2024 104* Cover Page Interactive Data File (embedded within the Inline XBRL document) * Filed herewith. ** Furnished herewith.

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: October 25, 2024 By: /s/ Clayton Haynes Clayton Haynes Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR