Super League Gaming to change name to Super League Enterprise; 1-for-20 reverse split effective Sept 11, 2023
Super League Enterprise, Inc.
- Stockholders approved name change to Super League Enterprise, Inc. and 1-for-20 reverse split at annual meeting on Sept 7, 2023.
- Reverse split reduces shares outstanding from ~71.9M to ~3.59M; new ticker SLE begins trading Sept 11, 2023.
- Name change aligns with focus on immersive web publishing engine; symbol changes from SLGG to SLE.
- Reverse split intended to maintain Nasdaq minimum bid price compliance and attract investors.
- No fractional shares issued; cash paid in lieu. Rights and preferences of common stock unchanged.