Super League to acquire Misfits Ads Division for $1.5M cash, ~20% equity stake, and earnout

Super League Enterprise, Inc.

Consideration: $1.5M cash, 71,490 shares, pre-funded warrant for 456,631 shares, warrant for 528,121 shares at $18, plus $300K cash at 1 year.
Earnout up to $1.2M cash and 105,571 shares based on gross profit milestones and market cap over 24 months.
Misfits Ads Division executed 150+ brand partnerships across Roblox, Minecraft, and leading gaming creators.
Closing requires shareholder approval; Misfits will appoint a designee to Super League's board.
Super League expects deal to expand programmatic revenue, rewarded video tech, and accelerate path to positive Adj. EBITDA.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Super League Enterprise, Inc. entered into Asset Purchase Agreement with Esports Now, LLC valued at Cash payment of $1.5 million at closing, plus 71,490 shares of common stock, a pre-funded warrant fo (effective 2026-03-16).

Action: entry
Agreement: asset purchase
Counterparty: Esports Now, LLC
Value: Cash payment of $1.5 million at closing, plus 71,490 shares of common stock, a pre-funded warrant fo
Effective: 2026-03-16

Exact text from the filing

On March 16, 2026, Super League Enterprise, Inc. (the “ Company ”), entered into an Asset Purchase Agreement (the “ Purchase Agreement ”) with Esports Now, LLC (“ Misfits ”), pursuant to which Misfits has agreed to sell certain assets strictly constituting the Misfits Ads Business (the “ Purchased Assets ”) to the Company, and the Company has agreed to assume certain liabilities related to the Purchased Assets (the “ Transaction ”).

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Super League Enterprise, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-26-009204

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