---
schema_version: "secwatch.filing_event.v1"
accession: "0001851734-22-000745"
form_type: "8-K"
ticker: "SLE"
cik: "0001621672"
company_name: "Super League Enterprise, Inc."
filed_at: "2022-12-23T23:59:59+00:00"
generated_at: "2026-06-20T23:22:02.784373+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Super League Gaming raises $1.93M via Series A-4 Convertible Preferred offering

## Summary
- Offering of 1,934 shares of Series A-4 Convertible Preferred at $1,000/share for gross proceeds of ~$1.93M.
- Conversion price initially $0.3801 per common share; automatic conversion after 24 months or 51% holder consent.
- Company may convert 50% of shares if VWAP >= 250% of conversion price, 100% if >= 300% after one year.
- Dividends payable in common stock at 20% of underlying shares on 12 and 24 month anniversaries.
- Placement agent receives $193,400 cash fee, $58,020 expenses, and warrants for 737,779 shares at $0.3801.

## SEC filing metadata
- accession: 0001851734-22-000745
- form_type: 8-K
- ticker: SLE
- cik: 0001621672
- company_name: Super League Enterprise, Inc.
- filed_at: 2022-12-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1621672/000185173422000745/0001851734-22-000745-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621672/000185173422000745/slgg20221222_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001851734-22-000745
- JSON: https://secwatch.observer/filing/0001851734-22-000745.json
- Plain text: https://secwatch.observer/filing/0001851734-22-000745.txt

## Key facts
- Governance Changes
  Super League Enterprise, Inc.: Designation of 1,934 shares of Series A Preferred Stock via Certificate of Designation (effective 2022-12-22).
  - Change: charter amendment
  - Effective: 2022-12-22
  source text: On December 22, 2022, the Company filed the Series A Certificate of Designation, designating 1,934 shares of Series A Preferred in connection with the Offering.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621672/000185173422000745/0001851734-22-000745-index.htm
- Material Agreements
  Super League Enterprise, Inc. entered into Subscription Agreements with accredited investors valued at approximately $1,934,000 (effective 2022-12-22).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: accredited investors
  - Value: approximately $1,934,000
  - Effective: 2022-12-22
  source text: On December 22, 2022 (the “ Effective Date ”), 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 1,934 shares of newly designated Series A-4 Convertible Preferred Stock, par value $0.001 per share (the “ Series A Preferred ”), at a purchase price of $1,000 per share, for aggregate gross proceeds to the Company of approximately $1,934,000 (the “ Offering ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621672/000185173422000745/0001851734-22-000745-index.htm

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