Super League Announces 1-for-12 Reverse Split

Core Viewpoint - Super League announced a reverse stock split of its common stock at a ratio of 1-for-12, aimed at maintaining compliance with Nasdaq listing requirements [1][3]. Group 1: Reverse Stock Split Details - The reverse stock split will take effect at 12:01 AM on January 23, 2026, with shares trading on a split-adjusted basis on the same day [2]. - The number of outstanding shares will decrease from approximately 14.0 million to about 1.16 million [3]. - Each stockholder's percentage ownership and voting power will remain largely unchanged, with fractional shares being rounded up to the nearest whole share [4]. Group 2: Stockholder Impact - Stockholders with shares in brokerage accounts will have their positions automatically adjusted, and no action is required from them [5]. - Registered stockholders holding shares in book-entry form will also not need to take any action to receive post-split shares [5]. Group 3: Company Overview - Super League is a leader in playable media, focusing on connecting brands with consumers through playable ads and gamified content across various platforms [10]. - The company utilizes proprietary technologies and a network of creators to enhance brand visibility and consumer engagement [10].