secwatch.observer — SEC 8-K summary
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Issuer:     Super League Enterprise, Inc. (SLE)
CIK:        0001621672
Form:       8-K
Filed at:   2026-10-19T12:00:10+00:00
Accession:  0001437749-26-032881
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 5.07, 7.01, 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Super League holders approve Metaplanet's 2,100 BTC ($170M) investment; renamed Superplanet, ticker SUPA
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- Stockholders approved all 2026 Annual Meeting proposals, including issuance of up to 435,859,500 shares under the Aug 18, 2026 subscription agreements with Metaplanet Holdings and Evo Fund.
- Metaplanet contributes 2,100 Bitcoin plus $2.5M cash — ~$132.1M at the Aug 14 reference date, ~$170.0M as of Oct 16; company separately bought 2 Bitcoin Oct 16 at $81,444.82 avg.
- Metaplanet receives 44,859,400 shares at $3.00, 100 convertible perpetual preferred shares and 10-year warrants for up to 381,000,000 shares at $3.00-$33.50.
- Five-year lock-up on Metaplanet's shares; 24-month right to subscribe 2,100,000 junior liquidity preferred at $100 stated value, investing up to $210.0M more; closing targeted Q4 2026.
- Charter amendments approved: rename to Superplanet, Inc. (Nasdaq: SUPA), authorized common raised to 1B from 750M and preferred to 100M from 10M; board declassified; 2025 equity plan +6M shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1621672/000143774926032881/0001437749-26-032881-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1621672/000143774926032881/slgg20261016_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-032881

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