secwatch.observer — SEC 8-K summary
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Issuer:     Super League Enterprise, Inc. (SLE)
CIK:        0001621672
Form:       8-K
Filed at:   2024-10-01T23:59:59+00:00
Accession:  0001437749-24-030304
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Super League Enterprise raises $399K via sale of preferred stock and warrants
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- Sold 399 units at $1,000 each, each unit including Series AAA-4 Junior Convertible Preferred and warrant for 1,000 common shares.
- Initial conversion price $1.25 per common share; warrants exercisable at $1.00 per share for three years.
- Anti-dilution adjustments and Additional Investment Rights require stockholder approval at next annual meeting (Nov. 2024).
- Placement agent receives $39,900 cash fee, $7,980 expense allowance, and warrants to purchase ~104,139 common shares.
- Gross proceeds of $399,000; securities sold to accredited investors under Regulation D.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1621672/000143774924030304/0001437749-24-030304-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1621672/000143774924030304/slgg20240930_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-030304

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