Super League Enterprise announces closing of registered direct offering

Super League Enterprise (SLE) announced the closing of a registered direct offering with an institutional investor for the purchase and sale of approximately $670,000 of shares of Common Stock and Pre-funded Warrants. The offering consisted of the sale of 5,583,334 shares of Common Stock. The public offering price per share of Common Stock was $0.12. The Pre-Funded Warrants are immediately exercisable and may be exercised at any time until exercised in full. Aggregate gross proceeds to the company were approximately $670,000. The transaction closed on June 2, 2025. The company expects to use the net proceeds from the offering, together with its existing cash, for general corporate purposes and working capital. Aegis Capital Corp. acted as exclusive placement agent for the offering. Disclosure Law Group, a Professional Corporation acted as counsel to the Company. Kaufman & Canoles, P.C. acted as counsel to Aegis Capital Corp.