Super League Enterprise, Inc. Announces Registered Direct Offering

Core Viewpoint - Super League Enterprise, Inc. has announced a registered direct offering with an institutional investor for approximately $670,000 in shares of Common Stock and Pre-funded Warrants [1][3]. Group 1: Offering Details - The offering includes the sale of 5,583,334 shares of Common Stock at a public offering price of $0.12 per share, and Pre-Funded Warrants priced at $0.11999 each [2]. - The Pre-Funded Warrants are immediately exercisable and can be exercised at any time until fully exercised, with a one-for-one decrease in the number of shares of Common Stock for each Pre-Funded Warrant sold [2]. Group 2: Financial Proceeds and Use - The aggregate gross proceeds from the offering are expected to be approximately $670,000, with the transaction anticipated to close around June 2, 2025, pending customary closing conditions [3]. - The net proceeds from the offering, along with existing cash, are intended for general corporate purposes and working capital [3]. Group 3: Legal and Regulatory Information - Aegis Capital Corp. is acting as the exclusive placement agent for the offering, while Disclosure Law Group and Kaufman & Canoles, P.C. are providing legal counsel [4]. - The offering is made under an effective shelf registration statement previously filed with the SEC, with a final prospectus supplement to be filed and available on the SEC's website [4].