{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-011028","form_type":"8-K","ticker":"SLE","cik":"0001621672","company_name":"Super League Enterprise, Inc.","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.701456+00:00","generated_at":"2026-06-16T16:21:23.604248+00:00","sec_items":["1.01","3.02","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Super League Gaming raises ~$9.18M via sale of Series AA convertible preferred stock","bullets":["Sold 7,680 Series AA and 1,500 Series AA-2 Preferred shares at $1,000 each, raising ~$9.18M gross.","Conversion price initially $0.4715 (Series AA) and $0.5215 (Series AA-2), subject to adjustments.","Preferred shares vote with common on as-converted basis; class vote required for adverse changes, senior debt, or senior/pari passu issuances.","Dividends: 20% of underlying shares on 12- and 24-month anniversaries, plus regular dividends on as-converted basis.","Placement agent received $828K cash fee, $267.9K expense allowance, and warrants for ~2.6M shares at $0.4715/$0.5215."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-011028","json":"https://secwatch.observer/filing/0001437749-23-011028.json","markdown":"https://secwatch.observer/filing/0001437749-23-011028.md","text":"https://secwatch.observer/filing/0001437749-23-011028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1621672/000143774923011028/0001437749-23-011028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1621672/000143774923011028/slgg20230425_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T16:21:23.604248+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a66923158e3c374275fd2b343542ac5be8e78c4a","claim":"Super League Enterprise, Inc.: Filed Series AA-2 Certificate of Designation designating 1,500 shares of Series AA-2 Preferred (effective 2023-04-20).","evidence_excerpt":"On April 20, 2023, the Company filed the Series AA-2 Certificate of Designation, designating 1,500 shares of Series AA-2 Preferred in connection with the Offering.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1621672/000143774923011028/0001437749-23-011028-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-04-20"}],"fact_type":"governance_change"},{"claim_id":"cfa8068755ab6976d77879150b9f56472dc5fea9","claim":"Super League Enterprise, Inc.: Filed Series AA Certificate of Designation designating 7,680 shares of Series AA Preferred (effective 2023-04-19).","evidence_excerpt":"On April 19, 2023, the Company filed the Series AA Certificate of Designation, designating 7,680 shares of Series AA Preferred in connection with the Offering.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1621672/000143774923011028/0001437749-23-011028-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-04-19"}],"fact_type":"governance_change"},{"claim_id":"0a4c47348d98f8f356d9151025ba7b83b44fbd87","claim":"Super League Enterprise, Inc. entered into Subscription Agreements with accredited investors valued at approximately $9,180,000 (effective 2023-04-19).","evidence_excerpt":"(the “ Company ”) entered into subscription agreements (each, a “ Subscription Agreement ” and collectively, the “ Subscription Agreements ”) with accredited investors with respect to the sale of an aggregate of 7,680 shares of newly designated Series AA Convertible Preferred Stock, par value $0.001 per share (the “ Series AA Preferred ”), and 1,500 newly designated Series AA-2 Convertible Preferred Stock, par value $0.001.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1621672/000143774923011028/0001437749-23-011028-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"accredited investors"},{"label":"Value","value":"approximately $9,180,000"},{"label":"Effective","value":"2023-04-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}