{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-012602","form_type":"8-K","ticker":"SLE","cik":"0001621672","company_name":"Super League Enterprise, Inc.","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.701661+00:00","generated_at":"2026-06-15T22:09:19.768261+00:00","sec_items":["1.01","3.02","5.02","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Super League Gaming raises ~$1.025M via Series AA-3 Preferred; executives receive option repricing","bullets":["Sold 1,025 shares of Series AA-3 Convertible Preferred at $1,000/share for ~$1.025M gross proceeds.","Initial conversion price set at $0.475 per share of common stock; automatic conversion after 24 months or by 51% holder consent.","CEO Ann Hand, CEO Matthew Edelman, and other executives had underwater options/warrants cancelled and re-granted at $0.49 exercise price.","Executives received new PSUs vesting upon 60-day VWAP targets of $0.80 to $1.60 per share.","Employee option cancellation of 584,438 shares replaced with 1,356,000 new options at $0.4905 per share."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-012602","json":"https://secwatch.observer/filing/0001437749-23-012602.json","markdown":"https://secwatch.observer/filing/0001437749-23-012602.md","text":"https://secwatch.observer/filing/0001437749-23-012602.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1621672/000143774923012602/0001437749-23-012602-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1621672/000143774923012602/slgg20230503_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T22:09:19.768261+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":"2766aad8bda3d4fa84e90832eaa935a5767ed9a1","claim":"Super League Enterprise, Inc.: Filed Series AA Certificate of Designation designating 1,025 shares of Series AA Preferred Stock (effective 2023-04-28).","evidence_excerpt":"On April 28, 2023, the Company filed the Series AA Certificate of Designation, designating 1,025 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/1621672/000143774923012602/0001437749-23-012602-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-04-28"}],"fact_type":"governance_change"},{"claim_id":"37a67984084f68589725ad841b1fdc2af8dc7319","claim":"Super League Enterprise, Inc. entered into Subscription Agreements with accredited investors valued at aggregate gross proceeds of approximately $1,025,000 (effective 2023-04-28).","evidence_excerpt":"On April 28, 2023, Super League Gaming, Inc. (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 1,025 shares of newly designated Series AA-3 Convertible Preferred Stock, par value $0.001 per share (the “ Series AA Preferred ”), at a purchase price of $1,000 per share, for aggregate gross proceeds to the Company of approximately $1,025,000 (the “ Offering ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1621672/000143774923012602/0001437749-23-012602-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":"aggregate gross proceeds of approximately $1,025,000"},{"label":"Effective","value":"2023-04-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}