secwatch.observer — SEC 8-K summary
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Issuer:     Super League Enterprise, Inc. (SLE)
CIK:        0001621672
Form:       8-K
Filed at:   2023-09-08T23:59:59+00:00
Accession:  0001437749-23-025504
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 3.03, 5.03, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Super League Gaming to change name to Super League Enterprise; 1-for-20 reverse split effective Sept 11, 2023
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1621672/000143774923025504/0001437749-23-025504-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1621672/000143774923025504/slgg20230908_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-025504

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer