Super League announces the final closing of its previously announced private placement financing. With an additional $2.1M, the Company has secured $20M in total gross proceeds. The offering was anchored by the previously announced $10M investment from Evo Fund. The private placement offering consisted of shares of common stock, pre-funded warrants and warrants to purchase common stock. The Company plans to use the net proceeds from the offering, together with its existing cash, for working capital and general corporate purposes, remaining debt repayment and strategic growth initiatives. Aegis Capital Corp. acted as exclusive placement agent for the offering.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SLE:
- Super League Enterprise Secures $15.25M in Private Offering
- Lionsgate expands The Strangers: Chapter 2 with game activation on Roblox
- Super League Enterprise announces strategic partnership with Automatic Worlds
- Super League Enterprise Appeals Nasdaq Delisting Decision
- Super League Enterprise announces partnershipw ith ES3