other
confidence high
sentiment neutral
materiality 0.70
SLE exchanges existing preferred for new Series B Preferred; conversion price $7.00
Super League Enterprise, Inc.
- Up to 16,426 shares of Series B Convertible Preferred issued at $1.00 stated value.
- Initial conversion price $7.00 per share; mandatory conversion on February 11, 2026.
- Stockholders waive prior conversion price floor breaches and terminate additional investment rights.
- Stockholders agree to vote in line with management's recommendation for six months.
- Series B Preferred ranks senior to all existing preferred series (AA, AAA, Junior).
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