secwatch.observer — SEC 8-K summary
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Issuer:     Super League Enterprise, Inc. (SLE)
CIK:        0001621672
Form:       8-K
Filed at:   2025-10-22T23:59:59+00:00
Accession:  0001437749-25-031490
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1621672/000143774925031490/0001437749-25-031490-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1621672/000143774925031490/slgg20251022_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-031490

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer