secwatch.observer — SEC 8-K summary
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Issuer:     Super League Enterprise, Inc. (SLE)
CIK:        0001621672
Form:       8-K
Filed at:   2022-12-02T23:59:59+00:00
Accession:  0001851734-22-000716
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Super League Gaming raises ~$3.03M via Series A-2/A-3 Convertible Preferred Stock
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1621672/000185173422000716/0001851734-22-000716-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1621672/000185173422000716/slgg20221202_8k.htm
  HTML page:      https://secwatch.observer/filing/0001851734-22-000716

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