Super League prices 4.17M shares at 12c in underwritten public offering

Super League Enterprise (SLE) announced the pricing of a firm commitment underwritten public offering with gross proceeds to the Company expected to be approximately $500,000, before deducting underwriting fees and other offering expenses payable by the Company. The offering consists of 4,166,666 shares of common stock. The public offering price per share of common stock is $0.12. In addition, the Company has granted the underwriter an overallotment option to purchase up to an additional 416,666 shares of common stock, which option is exercisable in whole or in part at any time up to 45 days after the date of this prospectus. Aggregate gross proceeds to the Company are expected to be approximately $500,000, or $550,000 if the over allotment option is exercised in full. The transaction is expected to close on or about May 30, 2025, subject to the satisfaction of customary closing conditions. The Company expects to use the net proceeds from the offering, together with its existing cash, for general corporate purposes and working capital and the repayment of a portion of the Company’s indebtedness. Aegis Capital Corp. is acting as the sole book-running manager for the offering. Disclosure Law Group, a Professional Corporation is acting as counsel to the Company. Kaufman & Canoles, P.C. is acting as counsel to Aegis Capital Corp.