---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-022635"
form_type: "8-K"
ticker: "SLE"
cik: "0001621672"
company_name: "Super League Enterprise, Inc."
filed_at: "2025-07-14T23:59:59+00:00"
generated_at: "2026-05-18T06:39:46.924681+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Super League converts $5.7M debt to equity, raises $4.5M via convertible note at premium

## Summary
- Converted ~$5.7M of high-interest debt to equity, reducing 2025 debt service obligations by ~90% to $600K.
- Issued $4.5M 8% Senior Secured Convertible Note at $6.815/share, a 30% premium to Nasdaq Minimum Price.
- Secured $20M equity line of credit with Yield Point NY at 92% of lowest VWAP; $600K commitment fee paid.
- Entered exchange agreements converting $1.9M notes (Khakshoor, Drozdov, Firepit) to Series AAAA Jr. Preferred Stock and $1.33M Agile note to common stock/pre-funded warrants.

## SEC filing metadata
- accession: 0001437749-25-022635
- form_type: 8-K
- ticker: SLE
- cik: 0001621672
- company_name: Super League Enterprise, Inc.
- filed_at: 2025-07-14T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1621672/000143774925022635/0001437749-25-022635-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621672/000143774925022635/slgg20250714_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-022635
- JSON: https://secwatch.observer/filing/0001437749-25-022635.json
- Plain text: https://secwatch.observer/filing/0001437749-25-022635.txt

## Key facts
- Debt Financings
  Super League Enterprise, Inc. incurred debt of $20,000,000 with Yield Point NY, LLC at Not specified maturing Not specified.
  - Principal: $20,000,000
  - Counterparty: Yield Point NY, LLC
  - Rate: Not specified
  - Maturity: Not specified
  - Event: incurrence
  source text: Equity Line of Credit Equity Purchase Agreement On July 10, 2025 (the “Execution Date”), the Company, entered into an equity purchase agreement (“Equity Purchase Agreement”) with Yield Point NY, LLC (the “Investor”). Under the Equity Purchase Agreement, the Company has the right, but not the obligation, to direct the Investor to purchase up to $20,000,000 (the “Maximum Commitment Amount”) in shares of common stock, par value $0.001 per share (“Common Stock”), of the Company upon satisfaction of certain terms and conditions contained in the Equity Purchase Agreement, including, without limitation, an effective registration statement filed with the U.S.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621672/000143774925022635/0001437749-25-022635-index.htm
- Debt Financings
  Super League Enterprise, Inc. incurred convertible notes of $1,331,250 with Agile Capital Funding, LLC and Agile Lending, LLC at Not specified maturing Not specified.
  - Instrument: convertible notes
  - Principal: $1,331,250
  - Counterparty: Agile Capital Funding, LLC and Agile Lending, LLC
  - Rate: Not specified
  - Maturity: Not specified
  - Event: incurrence
  source text: the Company and Agile agreed that in exchange for the surrender and forgiveness of that certain Secured Promissory Note issued to Agile, dated February 7, 2025, with the remaining amount of principal and interest thereunder being $1,331,250, Agile will (a) receive 44,128 shares of Common Stock (the “Exchange Shares”), (b) pre-funded warrants to purchase 173,023 shares of Common Stock (the “Pre-Funded Warrants”, and collectively with the Exchange Shares, the “Exchange Securities”), with the Exchange Securities to be valued at a price of $5.67, such amount above the Nasdaq Minimum Price, and (c) make cash payments to Agile totaling $100,000, with such payments to be made in four equal increments of $25,000 beginning on July 10, 2025, and every seven days thereafter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621672/000143774925022635/0001437749-25-022635-index.htm
- Governance Changes
  Super League Enterprise, Inc.: Filing of Certificate of Designation for Series AAAA Jr. Convertible Preferred Stock, designating 3,775,047 shares with specific conversion and dividend rights (effective 2025-07-11).
  - Change: charter amendment
  - Effective: 2025-07-11
  source text: On July 11, 2025, the Company filed the Certificate of Designation of Preferences, Rights and Limitations of the Series AAAA Jr. (the “Certificate”), designating 3,775,047 shares of Series AAAA Jr. Convertible Preferred Stock (the “ Preferred Stock ”) in connection with the entry into the Preferred Exchange Agreements.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621672/000143774925022635/0001437749-25-022635-index.htm

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