--- schema_version: "secwatch.filing_event.v1" accession: "0001851734-22-000716" form_type: "8-K" ticker: "SLE" cik: "0001621672" company_name: "Super League Enterprise, Inc." filed_at: "2022-12-02T23:59:59+00:00" generated_at: "2026-06-21T10:16:43.756171+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.5 calibrated_materiality_score: 0.5 confidence: "high" source: SEC EDGAR --- # Super League Gaming raises ~$3.03M via Series A-2/A-3 Convertible Preferred Stock ## Summary - Sold 1,297 Series A-2 and 1,733 Series A-3 preferred shares at $1,000 each for gross proceeds of ~$3.03M. - Initial conversion prices set at $0.6646 (A-2) and $0.6704 (A-3) per share of common stock. - Preferred pay dividends equal to 20% of underlying common shares on 12- and 24-month anniversaries. - Company agreed to file resale registration statement within 60 days of final closing. - Placement agent received cash fee of $303,000, expense allowance of $90,900, and warrants for shares. ## SEC filing metadata - accession: 0001851734-22-000716 - form_type: 8-K - ticker: SLE - cik: 0001621672 - company_name: Super League Enterprise, Inc. - filed_at: 2022-12-02T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.5 - calibrated_materiality_score: 0.5 - confidence: high - sec_items: 1.01, 3.02, 5.03, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1621672/000185173422000716/0001851734-22-000716-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621672/000185173422000716/slgg20221202_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001851734-22-000716 - JSON: https://secwatch.observer/filing/0001851734-22-000716.json - Plain text: https://secwatch.observer/filing/0001851734-22-000716.txt ## Key facts - Governance Changes Super League Enterprise, Inc.: Filed Series A-2 Certificate of Designation designating 1,297 shares of Series A-2 Preferred (effective 2022-11-28). - Change: charter amendment - Effective: 2022-11-28 source text: On November 28, 2022, the Company filed the Series A-2 Certificate of Designation, designating 1,297 shares of Series A-2 Preferred in connection with the Offering. evidence_url: https://www.sec.gov/Archives/edgar/data/1621672/000185173422000716/0001851734-22-000716-index.htm - Governance Changes Super League Enterprise, Inc.: Filed Series A-3 Certificate of Designation designating 1,733 shares of Series A-3 Preferred (effective 2022-11-30). - Change: charter amendment - Effective: 2022-11-30 source text: On November 30, 2022, the Company filed the Series A-3 Certificate of Designation, designating 1,733 shares of Series A-3 Preferred in connection with the Offering. evidence_url: https://www.sec.gov/Archives/edgar/data/1621672/000185173422000716/0001851734-22-000716-index.htm - Material Agreements Super League Enterprise, Inc. entered into Subscription Agreements with accredited investors valued at approximately $3,030,000 (effective 2022-11-28). - Action: entry - Agreement: equity purchase - Counterparty: accredited investors - Value: approximately $3,030,000 - Effective: 2022-11-28 source text: On November 28, 2022, and November 30, 2022, Super League Gaming, Inc. (the “ Company ”) entered into subscription agreements (each, a “ Subscription Agreement ” and collectively, the “ Subscription Agreements ”) with accredited investors with respect to the sale of an aggregate of 1,297 shares of newly designated Series A-2 Convertible Preferred Stock, par value $0.001 per share (the “ Series A-2 Preferred ”), and 1,733 newly designated Series A-3 Convertible Preferred Stock, par value $0.001 per share (the “ Series A-3 Preferred ”, and collectively with the Series A-2 Preferred, the “ Series A Preferred ”), respectively, each at a purchase price of $1,000 per share, for aggregate gross proceeds to the Company of approximately $3,030,000 evidence_url: https://www.sec.gov/Archives/edgar/data/1621672/000185173422000716/0001851734-22-000716-index.htm - Material Agreements Super League Enterprise, Inc. entered into Placement Agency Agreement with a registered broker dealer. - Action: entry - Agreement: underwriting - Counterparty: a registered broker dealer source text: The Company sold the shares of Series A Preferred pursuant to a Placement Agency Agreement (the “ Placement Agency Agreement ”) with a registered broker dealer, which acted as the Company’s exclusive placement agent (the “ Placement Agent ”) for the Offering. evidence_url: https://www.sec.gov/Archives/edgar/data/1621672/000185173422000716/0001851734-22-000716-index.htm - Material Agreements Super League Enterprise, Inc. entered into Registration Rights Agreement with the investors in the Offering. - Action: entry - Counterparty: the investors in the Offering source text: The Company and the investors in the Offering also executed a registration rights agreement (the “ Registration Rights Agreement ”), pursuant to which the Company agreed to file a registration statement covering the resale of the shares of Common Stock issuable upon conversion of the Series A Preferred within sixty days following the final closing of the Offering and to use its best efforts to cause such registration statement to become effective within 90 days of the filing date. evidence_url: https://www.sec.gov/Archives/edgar/data/1621672/000185173422000716/0001851734-22-000716-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.