Mark Jung
On May 2, 2026, Mark Jung submitted his resignation as a member of the Board of Directors and the audit committee of the Company (the " Board "), effective on May 6, 2026.
Highest-materiality recent filing
Super League Enterprise cancels Series AA Preferred Stock designation
Filed Certificate of Cancellation with Delaware Secretary of State on May 22, 2026.
Super League Q1 gross revenue $3.0M (+11% YoY); gross margin improves to 36%
Gross revenue $3.0M vs $2.7M year ago; gross margin 36% vs 32% in Q4 2025.
Super League Enterprise Completes Acquisition of Misfits Ads Division
Acquired Misfits Ads Division for $1.5M cash, 26,768 shares, and warrants for up to 1,046,132 shares.
Super League Q4 2025 strongest revenue quarter; Q1 2026 revenue seen above prior year
Q4 2025 delivered strongest revenue quarter of the year, approaching prior-year levels despite streamlined operations.
Super League to acquire Misfits Ads Division for $1.5M cash, ~20% equity stake, and earnout
Consideration: $1.5M cash, 71,490 shares, pre-funded warrant for 456,631 shares, warrant for 528,121 shares at $18, plus $300K cash at 1 year.
Super League cancels designations of 9 series of preferred stock (no shares outstanding)
Board approved Certificates of Cancellation for Series AA-2 through AA-5, AAA, AAA Junior, AAA-2, AAA-3, AAA-4 Preferred Stock.
Reverse split at 1-for-12 reduces outstanding shares from ~14.0M to ~1.16M; effective Jan 23, 2026.
Acquired Let's Bounce assets for $200K cash plus earn-out; founders Jasper Degens & Barak Chamo hired with 331,609 RSUs each.
Super League Enterprise appoints Hunter Williams as Class II director through 2028
Appointment effective Dec 10, 2025, fills vacancy from Michael Keller's resignation.
Super League Q3 revenue $2.4M, gross margin 45%; completed $20M private placement, zero debt
Q3 2025 revenue $2.4M; gross margin 45% (up from 39% YoY); non-cash operating expenses down 29%.
Super League regains Nasdaq compliance; delisting hearing cancelled
Nasdaq notified Super League on Oct 28, 2025 of regained compliance with Rule 5550(b).
Super League raises $20M in private placement led by Evo Fund; becomes debt-free
Total gross proceeds of $20M from private placement of common stock, pre-funded warrants and warrants.
Super League raises $15.25M in PIPE; converts $1M Belleau debt to equity
PIPE raised ~$15.25M gross from 1.675M shares and 13.575M pre-funded warrants at $1.00 each, plus warrants.
Super League receives Nasdaq delisting notice for equity shortfall; hearing requested
Stockholders' equity of $170k as of Dec 31, 2024, far below Nasdaq's $2.5M minimum requirement.
Super League Enterprise amends convertible note conversion price to $5.95, floor to $1.19
Conversion price reduced to $5.95 per share from prior undefined level; floor price set at $1.19.
SLE exchanges existing preferred for new Series B Preferred; conversion price $7.00
Up to 16,426 shares of Series B Convertible Preferred issued at $1.00 stated value.
Super League converts $5.7M debt to equity, raises $4.5M via convertible note at premium
Converted ~$5.7M of high-interest debt to equity, reducing 2025 debt service obligations by ~90% to $600K.
Super League Enterprise exchanges $1.88M promissory note for preferred stock and cash
Principal and accrued interest of $1,878,082 on 40% promissory note exchanged for 1.5M Series AAAA Jr. Convertible Preferred shares and $378,002 in cash.
Super League Enterprise regains Nasdaq minimum bid price compliance
Received Nasdaq letter on July 8, 2025 confirming compliance as of July 7, 2025.
Super League Enterprise director Michael Keller resigns effective June 30
Michael Keller resigned as Class II director of Super League Enterprise, effective June 30, 2025.
Super League extends $1.77M August notes; interest jumps to 20% and maturity pushed to Aug 2025
Extended maturity on three August 2024 notes (Drozdov, Khakshoor, Firepit) from June 1 to Aug 1, 2025; interest rate increased to 20% starting June 1, 2025.
Stockholders approved reverse stock split at ratio of 1-for-5 to 1-for-200 (aggregate up to 1-for-4,000), effective within one year at Board's discretion.
Sold 3,190,000 shares at $0.12/share and 2,393,334 pre-funded warrants at $0.11999 each.
Super League Enterprise closes $500K public offering at $0.12/share, raises ~$380K net
Offering of 4,166,666 shares at $0.12 per share closed May 30, 2025.
Super League sells Minecraft property InPvP to Mineville LLC for $350K cash plus ad sales rights
Sale includes $350,000 cash at closing and exclusive ad/brand integration rights for 2 years on Mineville's Microsoft servers.
Super League reports Q1 results, targets EBITDA positive in Q4, acquired Supersocial
Company reports Q1 2025 results; focus on cost reduction and revenue diversification; mobile games now 15% of revenue.
Issued $145,200 convertible promissory note to 1800 Diagonal Lending LLC; OID of 4.75%, net proceeds ~$125,000 after expenses.
Super League Enterprise over-allotment exercised for 617,647 shares at $0.17
Underwriter Aegis Capital purchased additional 617,647 shares on May 14, 2025, raising ~$105k gross.
Super League Enterprise closes $0.87M public offering of 5.1M shares at $0.17/share
Issued 5,117,647 shares at $0.17 each; gross proceeds ~$870,000; net ~$700,400 after fees.
Super League cuts workforce 35% and executive pay 10% to target Q4 2025 EBITDA positive
Workforce reduced ~35% effective April 14, 2025; expected to lower FY 2025 operating costs by ~$2.7M.
Super League Enterprise gets Nasdaq delisting notice; equity only $170K vs $2.5M min
Received Nasdaq letter on April 7, 2025 for non-compliance with $2.5M minimum stockholders' equity requirement per Listing Rule 5550(b)(1).
Super League appoints new CEO, reports disappointing Q4/FY2024 results
Aims to achieve EBITDA positive by Q4 2025; realigning cost structure and focusing on higher-margin programs.
Super League secures $2.5M short-term loan and $2.9M equity purchase agreement
Agile Loan: $2.5M principal, 32-week maturity, ~$1.05M total interest, 32 weekly payments of $110,937.50.
Super League receives Nasdaq delisting notices for bid price and annual meeting noncompliance
Bid Price Letter on Jan 2: closing bid below $1.00 for 30 consecutive business days; 180-day cure period ends July 1, 2025.
Super League Enterprise issues $1.5M promissory note to board member at 40% interest
Issued $1.5M unsecured promissory note to a non-employee board member; matures in 12 months.
Super League Q3 net loss narrows 27% YoY; signs deal with Infinite Reality
Q3 revenue roughly flat; proforma operating expenses down 30% YoY and net loss down 27% YoY.
Initial closing: SLE issues 1,215,279 shares to Infinite Reality for 105,445 iR shares; total exchange 2,499,090 SLE shares for 216,831 iR shares.
Super League raises $1M via registered direct offering from Infinite Reality at $0.88/share
Sold 1,136,364 shares at $0.88 each to accredited investor Infinite Reality, gross proceeds ~$1.0M.
Acquires license for Drone Racing League, esports assets, TalentX, Fearless Media, Thunder Studios, and up to $20M cash from Infinite Reality.
Infinite Reality to acquire 9.9% via 2.5M shares exchanged for 139,592 iR shares, then 75% via convertible preferred stock.
Super League Enterprise raises $399K via sale of preferred stock and warrants
Sold 399 units at $1,000 each, each unit including Series AAA-4 Junior Convertible Preferred and warrant for 1,000 common shares.
Super League Enterprise raises ~$697K via sale of convertible preferred and warrants
Sold 697 units at $1,000/unit, each consisting of one Series AAA-3 Preferred share and a warrant for 1,000 common shares.
Super League Q2 revenue flat, net loss improves; targets profitable Q4
Revenue flat sequentially due to $1.8M in deferrals and program delays shifted to Q3.
Super League raises ~$551k via Series AAA-2 Preferred offering at $1,000/share; converts at $1.25
Gross proceeds of ~$551,000 from sale of 551 shares of Series AAA-2 Preferred at $1,000 per share.
Super League Enterprise raises $1.21M via convertible preferred stock with $1.25 conversion price
Raised $1.21M in gross proceeds from sale of 1,210 shares of Series AAA convertible preferred stock at $1,000/share.
Super League Enterprise reduces stockholder quorum requirement to one-third of outstanding shares
Board approved amendment to Bylaws on June 4, 2024, lowering quorum from majority to one-third (1/3) of shares entitled to vote.
On May 2, 2026, Mark Jung submitted his resignation as a member of the Board of Directors and the audit committee of the Company (the " Board "), effective on May 6, 2026.
Effective May 6, 2026, the Board of the Company appointed Robert Kalutkiewicz as a member of the Board, effective immediately, as a Class III director to serve as a director until the Company’s next annual meeting of stockholders, and until such time as his successor is duly elected and qualified, or until his earlier death, resignation, or removal.
Matthew Edelman was appointed as Chief Executive Officer (“ CEO ”) of the Company, effective April 1, 2025
Effective April 1, 2025, the Company appointed Bant Breen as a Class I member of the Board of Directors of the Company
Effective March 31, 2025, Clark Callandar resigned as a Class I member of the Board of Directors of the Company.
Ann Hand, who was appointed Executive Chair effective April 1, 2025
On October 29, 2024, in connection with the consummation of the Initial Closing, the Company appointed Clark Callander to the Board, to serve until the Company’s next annual meeting of stockholders or until his earlier resignation or his successor is duly elected and qualified.
On September 30, 2024, the Company appointed Clark Callander to the Company’s Board, to serve until the Company’s next annual meeting of stockholders or until his successor is duly elected and qualified.
Max materiality 1.00 · Median 0.68 · Most common event other_material