---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-028267"
form_type: "8-K"
ticker: "SLE"
cik: "0001621672"
company_name: "Super League Enterprise, Inc."
filed_at: "2026-08-18T13:06:44+00:00"
generated_at: "2026-08-18T13:08:29.702395+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Metaplanet to invest 2,100 BTC (~$132M) in Super League, forming Superplanet with 95.7% ownership

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-26-028267
- form_type: 8-K
- ticker: SLE
- cik: 0001621672
- company_name: Super League Enterprise, Inc.
- filed_at: 2026-08-18T13:06:44+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1621672/000143774926028267/0001437749-26-028267-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621672/000143774926028267/slgg20260818_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-028267
- JSON: https://secwatch.observer/filing/0001437749-26-028267.json
- Plain text: https://secwatch.observer/filing/0001437749-26-028267.txt

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