---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-030939"
form_type: "8-K"
ticker: "SLE"
cik: "0001621672"
company_name: "Super League Enterprise, Inc."
filed_at: "2025-10-14T23:59:59+00:00"
generated_at: "2026-05-17T03:54:14.505590+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Super League receives Nasdaq delisting notice for equity shortfall; hearing requested

## Summary
- Stockholders' equity of $170k as of Dec 31, 2024, far below Nasdaq's $2.5M minimum requirement.
- Nasdaq delisting determination letter received Oct 8, 2025; company requested hearing by Oct 15, 2025, staying suspension.
- Proposed financing of $10M-$20M to be voted on at Oct 20, 2025 annual meeting; company expects approval to cure deficiency.
- Common stock (SLE) to remain listed on Nasdaq at least until Panel decision after hearing.

## SEC filing metadata
- accession: 0001437749-25-030939
- form_type: 8-K
- ticker: SLE
- cik: 0001621672
- company_name: Super League Enterprise, Inc.
- filed_at: 2025-10-14T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1621672/000143774925030939/0001437749-25-030939-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621672/000143774925030939/slgg20251014_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-030939
- JSON: https://secwatch.observer/filing/0001437749-25-030939.json
- Plain text: https://secwatch.observer/filing/0001437749-25-030939.txt

## Source-grounded claims
- claim_id: 424a0c1e206dc892224ca036de2a130d89e61713
  claim: Super League Enterprise, Inc. received a nasdaq noncompliance notice notice regarding stockholders equity (rules 5550(b)(1)).
  evidence_excerpt: April 7, 2025 stating that it was not in compliance with Nasdaq Listing Rule 5550(b)(1), which requires companies listed on the Nasdaq Capital Market to maintain a minimum of $2,500,000 in stockholders’ equity for continued listing (the “ Stockholders ’ Equity Requirement ”). The Company reported stockholders’ equity of $170,000 in its Annual Report on Form 10-K for the year ended December 31, 2024, and, as a result, it was not in compliance with the Stockholders’ Equity Requirement. The Company received a delisting determination letter on October 8, 2025 (the “ Delisting Determination Letter
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621672/000143774925030939/0001437749-25-030939-index.htm
- claim_id: c9d494043c0894a30490f1293a1371ba082e582c
  claim: Super League Enterprise, Inc. received a nasdaq delisting notice notice regarding stockholders equity (rules 5550(b)(1)).
  evidence_excerpt: er 17, 2025, and the Company’s common stock would have been delisted from Nasdaq. As of the date of this Current Report on Form 8-K, the Company requested a hearing before the Panel, at which it will request a suspension of delisting pending its return to compliance. Pursuant to Nasdaq Listing Rule 5815(a)(1)(B), the hearing request will stay the suspension of trading and delisting of the common stock pending the conclusion of the hearing process. Consequently, the Company expects the common stock to remain listed on Nasdaq at least until the Panel renders a decision following the hearing. As
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621672/000143774925030939/0001437749-25-030939-index.htm

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