---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-031490"
form_type: "8-K"
ticker: "SLE"
cik: "0001621672"
company_name: "Super League Enterprise, Inc."
filed_at: "2025-10-22T23:59:59+00:00"
generated_at: "2026-05-17T02:45:53.128545+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Super League raises $15.25M in PIPE; converts $1M Belleau debt to equity

## Summary
- PIPE raised ~$15.25M gross from 1.675M shares and 13.575M pre-funded warrants at $1.00 each, plus warrants.
- Belleau Wood exchanged $1M note for 1M shares and 125K warrants concurrent with closing.
- Yield Point note exchanged for Series C Preferred (4,700 shares designated) and 2M warrants with $1.00 exercise price.
- Charter amended to increase authorized common from 400M to 750M; stockholders approved all proposals.
- Proceeds to repay debt, implement new strategy, and for working capital.

## SEC filing metadata
- accession: 0001437749-25-031490
- form_type: 8-K
- ticker: SLE
- cik: 0001621672
- company_name: Super League Enterprise, Inc.
- filed_at: 2025-10-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1621672/000143774925031490/0001437749-25-031490-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621672/000143774925031490/slgg20251022_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-031490
- JSON: https://secwatch.observer/filing/0001437749-25-031490.json
- Plain text: https://secwatch.observer/filing/0001437749-25-031490.txt

## Source-grounded claims
- claim_id: 1d3bb2e43bd68f7200855dbb9b0d891f6f2d990f
  claim: Super League Enterprise, Inc.: Filed Third Amended and Restated Certificate of Incorporation increasing authorized common shares from 400M to 750M and allowing preferred stock voting amendments without all voting securities approval (effective 2025-10-20).
  evidence_excerpt: On October 20, 2025, the Company filed the Third Amended and Restated Certificate of Incorporation of Super League Enterprise, Inc. (the “ Amended Certificate ”). The Amended Certificate amends the Company’s Second Amended and Restated Certificate of Incorporation, as amended (the “ Prior Charter ”) to: (i) increase the number of authorized shares of Common Stock from 400,000,000 to 750,000,000; and (ii) to allow the vote of the holders of our preferred stock to amend their respective preferred stock certificates of designations, without requiring the approval of the holders of all voting securities of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621672/000143774925031490/0001437749-25-031490-index.htm

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