M&A
confidence high
sentiment positive
materiality 1.00
Metaplanet to invest 2,100 BTC (~$132M) in Super League, forming Superplanet with 95.7% ownership
Super League Enterprise, Inc.
- Metaplanet to invest 2,100 BTC (~$132.1M) plus $2.5M cash for 44,859,400 SLE shares at $3.00/share.
- Upon close, SLE renamed Superplanet, Inc. (ticker SUPA), becomes consolidated Metaplanet subsidiary; Metaplanet holds ~95.7% (~93.6% as adjusted).
- Metaplanet gets 100 convertible perpetual preferred shares with majority director designation rights and 10-year warrants for up to 381M shares at $3.00-$33.50.
- Evo Fund receives 2-year warrants for up to 10M shares at $3.00-$5.55; Metaplanet has 24-month subscription right for up to $210M additional investment.
- Transaction expected to close Q4 2026, subject to stockholder approval; five-year lock-up on Metaplanet's shares.
Featured in Daily 8-K Digest
Selected #3 for 2026-08-18.
Read digest