---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-022016"
form_type: "8-K"
ticker: "SLE"
cik: "0001621672"
company_name: "Super League Enterprise, Inc."
filed_at: "2024-07-02T23:59:59+00:00"
generated_at: "2026-05-31T23:46:58.598163+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Super League Enterprise raises $1.21M via convertible preferred stock with $1.25 conversion price

## Summary
- Raised $1.21M in gross proceeds from sale of 1,210 shares of Series AAA convertible preferred stock at $1,000/share.
- Initial conversion price set at $1.25 per common share, subject to future adjustments for equity issuances.
- Dividends: holders receive shares equal to 20% of underlying common at 30/60/90 day anniversaries; also participates in common dividends.
- Additional investment right for 18 months: purchasers can buy more shares at $1,000 with $1.25 conversion, subject to stockholder approval.
- Placement agent received $121K cash fee, $24.2K expense allowance, and warrants for 140,360 shares at $1.25.

## SEC filing metadata
- accession: 0001437749-24-022016
- form_type: 8-K
- ticker: SLE
- cik: 0001621672
- company_name: Super League Enterprise, Inc.
- filed_at: 2024-07-02T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1621672/000143774924022016/0001437749-24-022016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621672/000143774924022016/slgg20240701_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-022016
- JSON: https://secwatch.observer/filing/0001437749-24-022016.json
- Plain text: https://secwatch.observer/filing/0001437749-24-022016.txt

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