Super League Enterprise issues $1.5M promissory note to board member at 40% interest

Super League Enterprise, Inc.

Issued $1.5M unsecured promissory note to a non-employee board member; matures in 12 months.
Interest rate of 40% simple per annum; interest payments due at 6 months and maturity.
Proceeds for working capital and general corporate purposes.
Note may be prepaid without penalty; default rate is 45% per annum.
Company authorized up to $3M in notes under the Purchase Agreement.

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