---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-029401"
form_type: "8-K"
ticker: "SLE"
cik: "0001621672"
company_name: "Super League Enterprise, Inc."
filed_at: "2025-09-18T23:59:59+00:00"
generated_at: "2026-05-17T06:15:20.500906+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SLE exchanges existing preferred for new Series B Preferred; conversion price $7.00

## Summary
- 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).

## SEC filing metadata
- accession: 0001437749-25-029401
- form_type: 8-K
- ticker: SLE
- cik: 0001621672
- company_name: Super League Enterprise, Inc.
- filed_at: 2025-09-18T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 5.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1621672/000143774925029401/0001437749-25-029401-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621672/000143774925029401/slgg20250918_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-029401
- JSON: https://secwatch.observer/filing/0001437749-25-029401.json
- Plain text: https://secwatch.observer/filing/0001437749-25-029401.txt

## Key facts
- Equity Issuances
  Super League Enterprise, Inc. issued Up to an aggregate of 16,426 shares of Series B Preferred of preferred stock to certain holders of the Company’s preferred stock.
  - Security: preferred stock
  - Shares: Up to an aggregate of 16,426 shares of Series B Preferred
  - Purchaser: certain holders of the Company’s preferred stock
  source text: On September 12, 2025, Super League Enterprise, Inc. (the “ Company ”) entered into an Amended & Restated Exchange Agreement, Consent and Waiver (the “ Exchange Agreements ”) with certain holders (the “ Preferred Stockholders ”) of the Company’s preferred stock, par value $0.001 per share (“ Preferred Stock ”), pursuant to which the Company and the Preferred Stockholders agreed that in exchange for the shares of Preferred Stock held by the Preferred Stockholder, the Preferred Stockholder would be granted shares of the Company’s newly issued Series B Convertible Preferred Stock, par value $0.001 per share (“ Series B Preferred ”, and the exchange of Preferred Stock for Series B Preferred, the “ Exchange ”). Up to an aggregate of 16,426 shares of Series B Preferred will be issued pursuant to the Exchange Agreements.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621672/000143774925029401/0001437749-25-029401-index.htm
- Governance Changes
  Super League Enterprise, Inc.: Filing of Certificate of Designation designating 16,426 shares of Series B Convertible Preferred Stock with specific conversion, dividend, and liquidation rights (effective 2025-09-12).
  - Change: charter amendment
  - Effective: 2025-09-12
  source text: On September 12, 2025, the Company filed the Certificate of Designation of Preferences, Rights and Limitations of the Series B Convertible Preferred Stock (the “ Series B COD ”), designating 16,426 shares of Series B Preferred in connection with the entry into the Exchange Agreements.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621672/000143774925029401/0001437749-25-029401-index.htm

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