---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-033781"
form_type: "8-K"
ticker: "SLE"
cik: "0001621672"
company_name: "Super League Enterprise, Inc."
filed_at: "2023-12-06T23:59:59+00:00"
generated_at: "2026-06-07T17:06:38.962342+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Super League Enterprise raises ~$5.4M via Series AAA Preferred financing and exchanges existing preferred shares

## Summary
- Sold 5,377 shares of Series AAA Convertible Preferred at $1,000/share for gross proceeds of ~$5.4M.
- Exchanged 4,011 shares of existing Series A and AA Preferred for Series AAA Preferred shares.
- Initial conversion price set at $1.674 per common share; adjustable with stock splits and future issuances.
- Placement agent receives $537,700 cash fee plus warrants to purchase 465,750 shares at $1.674.
- Registration rights agreement filed to register resale of shares underlying the Series AAA Preferred.

## SEC filing metadata
- accession: 0001437749-23-033781
- form_type: 8-K
- ticker: SLE
- cik: 0001621672
- company_name: Super League Enterprise, Inc.
- filed_at: 2023-12-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1621672/000143774923033781/0001437749-23-033781-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621672/000143774923033781/slgg20231205_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-033781
- JSON: https://secwatch.observer/filing/0001437749-23-033781.json
- Plain text: https://secwatch.observer/filing/0001437749-23-033781.txt

## Key facts
- Governance Changes
  Super League Enterprise, Inc.: Filed Series AAA Certificate of Designation designating 9,400 shares of Series AAA Preferred Stock (effective 2023-11-30).
  - Change: charter amendment
  - Effective: 2023-11-30
  source text: On November 30, 2023, the Company filed the Series AAA Certificate of Designation, designating 9,400 shares of Series AAA Preferred in connection with the Offering.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621672/000143774923033781/0001437749-23-033781-index.htm
- Material Agreements
  Super League Enterprise, Inc. entered into Subscription Agreement with accredited investors valued at approximately $5,377,000 (effective 2023-11-30).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: accredited investors
  - Value: approximately $5,377,000
  - Effective: 2023-11-30
  source text: On November 30, 2023, Super League Enterprise, 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 5,377 shares of newly designated Series AAA Convertible Preferred Stock, par value $0.001 per share (the “ Series AAA Preferred ”), at a purchase price of $1,000 per share, for aggregate gross proceeds to the Company of approximately $5,377,000 (the “ Offering ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621672/000143774923033781/0001437749-23-033781-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.