{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-022594","form_type":"8-K","ticker":"SLE","cik":"0001621672","company_name":"Super League Enterprise, Inc.","filed_at":"2025-07-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.501115+00:00","generated_at":"2026-05-18T06:56:15.748106+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Super League Enterprise exchanges $1.88M promissory note for preferred stock and cash","bullets":["Principal and accrued interest of $1,878,082 on 40% promissory note exchanged for 1.5M Series AAAA Jr. Convertible Preferred shares and $378,002 in cash.","Cash payments of ~$63,000/month from Oct 15, 2025 to Mar 15, 2026; preferred convertible into common with volume restrictions.","Volume trading restrictions: first 60 days max 2.5% daily vol, days 61-120 max 3%, days 121-365 max 3.5%, after 1 yr unrestricted.","SLE to pay legal costs for Rule 144 opinions and SEC filings to facilitate conversions and sales of common shares.","Replaces amended note (maturing Nov 2026, $175k/month payments); avoids further 40% interest accrual."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-022594","json":"https://secwatch.observer/filing/0001437749-25-022594.json","markdown":"https://secwatch.observer/filing/0001437749-25-022594.md","text":"https://secwatch.observer/filing/0001437749-25-022594.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1621672/000143774925022594/0001437749-25-022594-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1621672/000143774925022594/slgg20250711_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T06:56:15.748106+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}