Pioneering Digital Asset Treasury Investor Evo Fund to Invest in Super League, Positioning Company to Increase Shareholder Value and Satisfy Nasdaq Shareholders Equity Requirement
Super League (Nasdaq: SLE) has secured a transformative private placement financing anchored by Evo Fund's $10 million strategic investment, with total expected gross proceeds between $12-20 million. The deal, expected to close after October's Annual General Meeting, will eliminate all outstanding debt and help regain Nasdaq compliance.
The financing positions Super League for a new growth phase, featuring a clean balance sheet and streamlined capitalization table. The company aims to achieve EBITDA positivity by Q4 2025 and explore crypto-forward opportunities through Evo Fund's network. Evo Fund, known for investing in digital asset treasury companies, will support Super League's expansion into the crypto economy.
Aegis Capital serves as the exclusive placement agent for this transaction, which is subject to stockholder approval and customary closing conditions.
Super League (Nasdaq: SLE) ha finalizzato un finanziamento privato trasformativo sostenuto dall'investimento strategico da 10 milioni di Evo Fund, con proventi lordi totali attesi tra 12 e 20 milioni di dollari. L’accordo, che dovrebbe chiudersi dopo l’Assemblea Generale di ottobre, eliminerà l’intero debito in sospeso e aiuterà a riconquistare la conformità con Nasdaq.
Il finanziamento posiziona Super League per una nuova fase di crescita, con un bilancio pulito e una struttura azionaria snella. L’azienda punta a raggiungere una EBITDA positiva entro il Q4 2025 ed esplorare opportunità legate al mondo cripto attraverso la rete di Evo Fund. Evo Fund, noto per investimenti in aziende di tesoreria di asset digitali, supporterà l’espansione di Super League nell’economia cripto.
Aegis Capital funge da agente di collocamento esclusivo per questa operazione, soggetta all’approvazione degli azionisti e alle condizioni di chiusura usuali.
Super League (Nasdaq: SLE) ha asegurado un financiamiento privado transformador respaldado por una inversión estratégica de Evo Fund de 10 millones de dólares, con ingresos brutos totales esperados entre 12 y 20 millones de dólares. El acuerdo, previsto para cerrarse tras la Junta General de octubre, eliminará toda la deuda pendiente y ayudará a restablecer el cumplimiento con Nasdaq.
El financiamiento posiciona a Super League para una nueva fase de crecimiento, con un balance limpio y una estructura de capital más ágil. La empresa busca lograr EBITDA positivo para el cuarto trimestre de 2025 y explorar oportunidades centradas en cripto a través de la red de Evo Fund. Evo Fund, conocido por invertir en empresas de tesorería de activos digitales, apoyará la expansión de Super League en la economía cripto.
Aegis Capital actúa como agente de colocación exclusivo de esta operación, sujeta a la aprobación de los accionistas y a las condiciones de cierre habituales.
Super League (나스닥: SLE)가 Evo Fund의 1천만 달러 전략적 투자를 바탕으로 transformative private placement 자금 조달을 확보했으며, 총 예상 총수익은 1,200만 - 2천만 달러 사이입니다. 매매는 10월 정기주주총회 이후 마감될 예정이며, 미지급 부채를 모두 상환하고 Nasdaq 규정 준수를 회복하는 데 도움이 될 것입니다.
이번 자금 조달은 깨끗한 대차대조표와 간소화된 자본구조를 갖춘 새로운 성장 단계를 위한 동력을 제공합니다. 회사는 2025년 4분기까지 EBITDA 흑자를 달성하고 Evo Fund 네트워크를 통해 크립토 중심의 기회를 모색할 계획입니다. 디지털 자산 보유금 기업에 투자하는 것으로 알려진 Evo Fund는 Super League의 암호화폐 경제 진출을 지원할 것입니다.
이번 거래의 독점 배정 대리인으로서 Aegis Capital이 역할을 수행하며, 주주 승인 및 일반적인 종결 조건의 적용을 받습니다.
Super League (Nasdaq : SLE) a sécurisé un financement privé transformateur soutenu par l’investissement stratégique de 10 millions de Evo Fund, avec des produits bruts totaux attendus compris entre 12 et 20 millions de dollars. La transaction devrait se clôturer après l’Assemblée Générale d’octobre et permettra d’éliminer toute la dette en cours tout en aidant à retrouver la conformité à Nasdaq.
Le financement positionne Super League pour une nouvelle phase de croissance, avec un bilan net et une structure de capital allégée. L’objectif est d’atteindre une EBITDA positive d’ici le T4 2025 et d’explorer des opportunités liées à la crypto via le réseau Evo Fund. Evo Fund, connu pour investir dans des entreprises de trésorerie d’actifs numériques, soutiendra l’expansion de Super League dans l’économie crypto.
Aegis Capital agit en tant qu’agent de placement exclusif pour cette transaction, sous réserve de l’approbation des actionnaires et des conditions de clôture habituelles.
Super League (Nasdaq: SLE) hat eine transformative private placement Finanzierung gesichert, getragen von Evo Funds strategischer Investition in Höhe von 10 Millionen US-Dollar, mit voraussichtlichen Bruttoerlösen von 12–20 Millionen US-Dollar. Die Transaktion soll voraussichtlich nach der Jahrestagung im Oktober abgeschlossen werden und alle ausstehenden Schulden eliminieren sowie die Nasdaq-Konformität wiederherstellen.
Die Finanzierung positioniert Super League für eine neue Wachstumsphase, mit einer sauberen Bilanz und einer schlanken Kapitalstruktur. Das Unternehmen strebt an, bis zum Q4 2025 EBITDA-positiv zu werden, und will durch das Netzwerk von Evo Fund kryptofokussierte Chancen erkunden. Evo Fund, bekannt für Investitionen in digitale Vermögenswerte-Treuhand-Unternehmen, wird Super Leagues Expansion in die Krypto-Ökonomie unterstützen.
Aegis Capital fungiert als exklusiver Placement-Agent dieser Transaktion, die der Zustimmung der Aktionäre und üblichen Abschlussbedingungen bedarf.
Super League (ناسداك: SLE) قد أتمت تمويلًا خاصًا تحوليًا تدعمه استثمار استراتيجي من Evo Fund بمقدار 10 ملايين دولار، بإيرادات فادئة إجمالية متوقعة بين 12 و20 مليون دولار. من المتوقع أن تُغلق الصفقة بعد اجتماع الجمعية العامة السنوي في أكتوبر، وستُزيل كل الدين المستحق وتساعد في استعادة الامتثال لناسداك.
يضع التمويل Super League في مرحلة نمو جديدة مع ميزانية نظيفة وجدول هيكلة رأس مال مبسّط. تهدف الشركة إلى تحقيق EBITDA إيجابي بحلول الربع الرابع من عام 2025 واستكشاف فرص قائمة على التشفير من خلال شبكة Evo Fund. Evo Fund، المعروف باستثماره في شركات الخزينة للأصول الرقمية، سيدعم توسيع Super League في الاقتصاد الرقمي للبيتكوين.
تقوم Aegis Capital بدور وكيل الاكتتاب الحصري لهذه الصفقة، رهناً بموافقة المساهمين وبالشروط التقليدية للإغلاق.
Super League（纳斯达克代码：SLE） 已完成一项 transforming 私募融资，得到了Evo Fund 1000万美元的战略投资为支撑，预计总毛额收益在1200万至2000万美元之间。该交易预计在十月年度股东大会后完成，将清偿所有未偿债务并帮助重新符合纳斯达克的要求。
此融资将使 Super League 进入新的增长阶段，具备清晰的资产负债表和精简的资本结构。公司目标在2025年第四季度实现 EBITDA 为正，并通过 Evo Fund 的网络探索以加密为前瞻的机会。Evo Fund 以投资数字资产财政管理公司而著称，将支持 Super League 进入加密经济。
Aegis Capital 将作为此次交易的独家配售代理，须经股东批准并符合常规的交割条件。
- None.
- Transaction requires stockholder approval at October meeting
- No guarantee of private placement completion
- Significant dilution for existing shareholders through new share issuance
Insights
Strategic $10-20M investment eliminates debt, solves Nasdaq compliance issues, and positions Super League for crypto expansion with improved financials.
This $10-20 million private placement anchored by Evo Fund represents a transformative financial restructuring for Super League. The deal is structured as common stock plus warrants, with Evo Fund contributing
The immediate financial impact is significant: the company will eliminate all outstanding debt while simultaneously addressing Nasdaq's shareholders' equity listing requirements—crucial for maintaining their public listing status. This comes after what appears to have been a challenging period requiring corporate restructuring.
What's particularly notable is the streamlining of Super League's capital structure, removing complex preferred stock layers that likely restricted operational flexibility. This simplified capitalization table creates a cleaner foundation for potential investors and reduces governance complications.
Evo Fund's involvement brings more than capital; as a specialist in digital asset treasuries with significant blockchain ecosystem connections (they back Metaplanet Inc., reportedly the 5th largest bitcoin holder globally), they provide Super League with potential pathways into crypto markets. This strategic alignment could create diversification opportunities beyond their core gaming media business.
The company's guidance about becoming EBITDA positive on a cash basis by Q4 2025 suggests this capital infusion is timed to bridge their path to operational profitability. The transaction requires stockholder approval at their upcoming October meeting, so while definitive documentation is signed, closing isn't guaranteed until after that vote.
Company to be Fully Funded with Clean Balance Sheet and Streamlined Capitalization Table, Super Charging New Era of Organic Growth and Opportunity to Expand into Crypto Economy
SANTA MONICA, Calif., Sept. 22, 2025 (GLOBE NEWSWIRE) -- Super League (Nasdaq: SLE), a leader in playable media trusted by global brands to reach and activate gaming audiences through playable ads and gamified content, today announced the execution of definitive documentation for a private placement financing to be undertaken solely with accredited investors, anchored by a
This marks a significant inflection point for Super League and a major step forward to increase shareholder value. As the company advances toward its stated goal of being EBITDA positive on a cash basis in the fourth quarter of 2025, closing this transaction will provide the strategic and financial flexibility to pursue new scalable initiatives. With Evo Fund’s worldwide network and integrated suite of financial holdings, Super League will be positioned to evaluate and pursue strategically differentiated, crypto-forward opportunities while also strengthening current operations.
“Today’s announcement marks a transformative milestone for Super League and its shareholders,” said Matt Edelman, CEO and President of Super League. “Upon closing the financing and having Evo Fund as a committed partner, we will emerge much stronger, ready to pursue growth opportunities with renewed momentum. Super League will be debt-free, fully capitalized, and ideally positioned to advance our core business while exploring ways to accelerate growth through a symbiotic digital asset strategy. With a fortified balance sheet, we will be able to focus squarely on achieving sustainable profitability - a welcome shift from having to balance our attention so heavily towards corporate health versus operational efficacy. Together with the recent reductions in our cost structure, this transaction will set us firmly on a path to creating durable, long-term value for our shareholders as a gaming media company poised to enter the crypto economy.”
Evo Fund’s investment reflects its confidence in Super League’s long-term trajectory and in the broader strategic opportunities being unlocked by a supportive regulatory environment and the rapid evolution of digital asset models.
“Evo Fund is proud to stand alongside Super League at such a defining moment in the company’s journey,” said Michael Lerch, Founder, President, and Chief Global Investment Officer of Evo Fund. “We believe deeply in the power of enduring partnerships between committed capital and executive leadership. We have known Matt for several years and seen firsthand his and his team’s resilience and accomplishments over the past six months. That has only reinforced our conviction in the opportunity to build a platform together. We have learned a lot as the leading investor in digital asset treasuries in Japan and are excited to break new ground in the U.S. market with Super League.”
The financing coincides with Super League’s successful efforts to simplify its capital structure, eliminating the complex layers of previously outstanding preferred stock and creating a clean foundation for business acceleration. For the first time in several years, the company has a capitalization table and equity structure designed to enable both strategic agility and staying power.
Aegis Capital will be acting as the exclusive placement agent for the transaction.
There is no guarantee that the private placement will be consummated. The private placement is subject to the completion of certain closing conditions customary for transactions of this type, and receipt of the approval of the Super League’s stockholders to issue the securities being offered and sold in the private placement. Super League intends to hold its annual meeting of stockholders in October, 2025, which will include a proposal to approve the issuance of the securities under the private placement.
The securities being issued and sold in the private placement are solely being sold to accredited investors, and have not been registered under the Securities Act of 1933, as amended (the “Securities Act”). Accordingly, these securities may not be offered or sold in the United States, except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act. Concurrent with the execution of the securities purchase agreement, Super League and Evo Fund entered into a registration rights agreement pursuant to which Super League has agreed to file a registration statement with the Securities and Exchange Commission registering the resale of the shares of common stock, and the shares of common stock issuable upon exercise of the warrants, sold in the private placement.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About Super League
Super League (Nasdaq: SLE) is redefining how brands connect with consumers through the power of playable media. The company creates moments that matter by placing brands directly in the path of play through playable ads and gamified content across mobile, web, CTV, social, and the world’s largest immersive gaming platforms. Powered by proprietary technologies, an award-winning development studio, and a vast network of native creators, Super League enables brands to stand out culturally, inspire loyalty, and drive measurable impact in today’s attention-driven economy. For more information, visit superleague.com.
About Evo Fund
Evo Fund, part of the Evolution Financial Group, is a distinguished strategic investment entity known for its experience in the digital asset treasury sector. Leveraging innovative financing structures, the fund seeks to identify and invest in transformative opportunities. By partnering with innovative, forward-thinking companies, Evo Fund collaborates with those shaping the future of digital economies. Over the past decade, Evo Fund has established itself as a leading investor in third-party allotments within the Japanese market, achieving the top rank in both total transaction value and the number of completed PIPE transactions.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.
Forward Looking Statements can be identified by words such as “anticipate,” “intend,” "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods. Forward-looking statements include all statements other than statements of historical fact, including, without limitation, all statements regarding the private placement, including expected proceeds, expected use of proceeds and expected closing, expectations regarding the Company’s debt levels upon closing of the private placement, Super League’s ability to regain compliance with the Listing Rules of the Nasdaq Capital Market, expectations and timing with respect to a stockholder meeting, statements regarding expected operating results and financial performance (including the Company’s commitment to and ability to achieve Adjusted EBITDA-positive results in Q4), strategic transactions and partnerships, and capital structure, liquidity, and financing activities. These statements are based on current expectations, estimates, forecasts, and projections about the industry and markets in which the Company operates, management’s current beliefs, and certain assumptions made by the Company, all of which are subject to change.
Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors that are difficult to predict and that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Important factors include, but are not limited to: the Company’s ability to satisfy the closing conditions required to consummate the private placement, whether the consummation of the private placement will occur, the Company’s ability to execute on cost reduction initiatives and strategic transactions; customer demand and adoption trends; the timing, outcome, and enforceability of any patent applications; the ability to successfully integrate new technologies and partnerships; platform, regulatory, and legislative developments (including the ultimate scope, timing, and impact of any stablecoin legislation); macroeconomic and market conditions; compliance with Nasdaq Capital Market continued listing standards; access to, and the cost of, capital; and the other risks and uncertainties described in the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, and other filings with the Securities and Exchange Commission. You are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.
Investor Relations Contact:
Shannon Devine/ Mark Schwalenberg
MZ North America
Main: 203-741-8811
SLE@mzgroup.us
FAQ
What is the size of Evo Fund's investment in Super League (SLE)?
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When does Super League (SLE) expect to become EBITDA positive?
