---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-017441"
form_type: "8-K"
ticker: "SLE"
cik: "0001621672"
company_name: "Super League Enterprise, Inc."
filed_at: "2025-05-16T23:59:59+00:00"
generated_at: "2026-05-21T03:19:14.777122+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Super League issues $145,200 convertible note to 1800 Diagonal Lending; net $125,000 for working capital

## Summary
- Issued $145,200 convertible promissory note to 1800 Diagonal Lending LLC; OID of 4.75%, net proceeds ~$125,000 after expenses.
- Note matures Feb 15, 2026; 10% interest (22% default rate); convertible after 180 days at 75% of lowest trading price over prior 10 days.
- Proceeds used for working capital and general corporate purposes; conversion capped at 19.99% of outstanding shares.
- Events of default include failure to maintain Nasdaq listing, reporting lapses, or bankruptcy; default penalty up to 200% of principal.

## SEC filing metadata
- accession: 0001437749-25-017441
- form_type: 8-K
- ticker: SLE
- cik: 0001621672
- company_name: Super League Enterprise, Inc.
- filed_at: 2025-05-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1621672/000143774925017441/0001437749-25-017441-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621672/000143774925017441/slgg20250516_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-017441
- JSON: https://secwatch.observer/filing/0001437749-25-017441.json
- Plain text: https://secwatch.observer/filing/0001437749-25-017441.txt

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