Super League Announces Additional Close in Private Placement Offering Based on Strong Demand, Securing a Total of $20 Million in Gross Proceeds
Super League (Nasdaq: SLE) announced a final close of its private placement on Oct 28, 2025, securing $20.0 million in total gross proceeds after an additional $2.1 million close. The financing included common stock, pre-funded warrants and warrants, and was anchored by a previously disclosed $10 million investment from Evo Fund. The company said net proceeds will be used for working capital, general corporate purposes, remaining debt repayment, and strategic growth initiatives. Aegis Capital acted as placement agent; the securities were sold to accredited investors and remain unregistered under the Securities Act.
Super League (Nasdaq: SLE) ha annunciato una chiusura finale della sua offerta privata il 28 ottobre 2025, conseguendo 20,0 milioni di dollari di proventi lordi totali dopo una chiusura aggiuntiva di 2,1 milioni di dollari. Il finanziamento comprendeva azioni ordinarie, warrant pre-finanziati e warrant, ed è stato supportato da un investimento pre-già divulgato di 10 milioni di dollari da Evo Fund. L'azienda ha dichiarato che i proventi netti saranno utilizzati per capitale circolante, scopi sociali generali, rimborso del debito residuo e iniziative di crescita strategica. Aegis Capital ha agito come agente di collocamento; i titoli sono stati venduti a investitori accreditati e rimangono non registrati ai sensi del Securities Act.
Super League (Nasdaq: SLE) anunció un cierre final de su colocación privada el 28 de octubre de 2025, asegurando 20,0 millones de dólares en ingresos brutos totales tras un cierre adicional de 2,1 millones de dólares. La financiación incluyó acciones comunes, warrants prefinanciaros y warrants, y estuvo anclada por una inversión de 10 millones de dólares previamente anunciada de Evo Fund. La compañía indicó que los ingresos netos se utilizarán para capital de trabajo, fines generales corporativos, pago de la deuda restante e iniciativas de crecimiento estratégico. Aegis Capital actuó como agente de colocación; los valores fueron vendidos a inversores acreditados y permanecen no registrados bajo la Ley de Valores.
슈퍼 리그(Super League, Nasdaq: SLE)는 2025년 10월 28일에 프라이빗 배치의 최종 마감을 발표했고, 2천만 달러의 총 총수익을 추가 마감 210만 달러의 보증금으로 확보했습니다. 자금 조달에는 보통주, 사전 자금 인수권 및 인수권이 포함되었으며, 이미 공개된 Evo Fund의 천만 달러 투자로 고정되었습니다. 회사는 순수입을 운전자본, 일반 기업 목적, 미지급 부채의 상환 및 전략적 성장 이니셔티브에 사용할 것이라고 밝혔습니다. Aegis Capital이 배치 대리인으로 활동했습니다; 증권은 공인 투자자들에게 매각되었으며 증권법에 따라 등록되지 않은 상태로 남아 있습니다.
Super League (Nasdaq : SLE) a annoncé une clôture finale de son placement privé le 28 octobre 2025, avec 20,0 millions de dollars de produits bruts totaux après une clôture additionnelle de 2,1 millions de dollars. Le financement comprenait des actions ordinaires, des bons préfinancés et des warrants, et était ancré par un investissement préalablement divulgué de 10 millions de dollars de Evo Fund. La société a déclaré que les produits nets seraient utilisés pour le fonds de roulement, les besoins généraux de l'entreprise, le remboursement de la dette restante et les initiatives de croissance stratégique. Aegis Capital a agi en tant que conseiller en placement ; les titres ont été vendus à des investisseurs accrédités et restent non enregistrés en vertu du Securities Act.
Super League (Nasdaq: SLE) gab einen endgültigen Abschluss seiner Privatplatzierung am 28. Oktober 2025 bekannt und sicherte 20,0 Millionen US-Dollar an Bruttoerlösen insgesamt nach einem zusätzlichen Abschluss über 2,1 Millionen US-Dollar. Die Finanzierung umfasste Stammaktien, vorfinanzierte Warrants und Warrants und war durch eine zuvor bekannt gegebene Investition von 10 Millionen US-Dollar von Evo Fund verankert. Das Unternehmen gab an, dass die Nettoerlöse für Betriebskapital, allgemeine Unternehmenszwecke, verbleibende Schuldenrückzahlung und strategische Wachstumsinitiativen verwendet werden. Aegis Capital fungierte als Placement Agent; die Wertpapiere wurden an akkreditierte Investoren verkauft und bleiben gemäß dem Securities Act nicht registriert.
Super League (Nasdaq: SLE) أعلنت إغلاقاً نهائياً لطرحها الخاص في 28 أكتوبر 2025، محققة 20.0 مليون دولار من العائدات الإجمالية الإجمالية بعد إغلاق إضافي قدره 2.1 مليون دولار. شمل التمويل أسهم عادية ومذكرات ما قبل التمويل ومرابطات، وتم تثبيته بواسطة استثمار من Evo Fund قدره 10 ملايين دولار كما تم الكشف عنه سابقاً. قالت الشركة أن العائدات الصافية ستستخدم لتمويل رأس المال العامل، والأغراض العامة للشركة، وسداد الدين المتبقّي، ومبادرات النمو الاستراتيجي. قامت Aegis Capital بالعمل كوكيل لإجراءات التمكين/التوزيع؛ تم بيع الأوراق المالية للمستثمرين المعتمدين وتظل غير مسجلة بموجب قانون الأوراق المالية.
Super League (Nasdaq: SLE) 宣布了其私募的最终完成，日期为 2025年10月28日，在额外的 210万美元 完成后，总毛收入达到 2000万美元。本轮融资包括普通股、前导认股权证和认股权证，由 Evo Fund 事先披露的 1000万美元投资为锚定。公司表示净收益将用于营运资本、一般企业用途、剩余债务偿还和战略增长计划。Aegis Capital 担任配售代理；证券已向合格投资者出售，且仍未根据证券法注册。
- Total gross proceeds of $20.0 million
- Anchor investment of $10.0 million from Evo Fund
- Additional close added $2.1 million to offering
- Issuance of pre-funded warrants and warrants may dilute shareholders on exercise
- Securities are unregistered and restricted from resale until registration or exemption
Insights
Super League closed a fully subscribed private placement raising
The company completed the private placement at the maximum authorized size, adding
The immediate business mechanism is balance-sheet reinforcement: the net proceeds plus existing cash are earmarked for working capital, remaining debt repayment and strategic growth initiatives, which reduces short-term financing risk and preserves operating flexibility. Key dependencies and risks include the pace and success of the planned registration filings (which affect resale liquidity for investors), the company’s execution of stated growth initiatives, and whether the proceeds suffice for intended purposes; these items determine whether the financing translates into operational momentum rather than only a temporary liquidity boost. Watch for the company’s registration filing(s) with the SEC and subsequent use-of-proceeds disclosures over the next few quarters, and monitor operational updates that show whether cash is being allocated to debt reduction and measurable growth activities within
~ With Offering Over-Subscribed, Company Completes Financing at the Maximum Offering Amount ~
SANTA MONICA, Calif., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Super League (Nasdaq: SLE) (the “Company”), a leader in playable media trusted by global brands to reach and activate gaming audiences through playable ads and gamified content, today announces the final closing of its previously announced private placement financing. With an additional
“Friday was an exceptional day for Super League, as ongoing investor demand enabled us to complete the full offering amount authorized by our shareholders,” said Matt Edelman, CEO and President of Super League. “Hitting this milestone reflects deepening confidence in our corporate turnaround and strategic direction. With a stronger balance sheet, we can now focus on recapturing momentum in our core business while capitalizing on high-growth opportunities in the digital asset economy that we believe can create meaningful, long-term value for shareholders.”
The private placement offering consisted of shares of common stock, pre-funded warrants and warrants to purchase common stock. The Company plans to use the net proceeds from the offering, together with its existing cash, for working capital and general corporate purposes, remaining debt repayment and strategic growth initiatives.
Aegis Capital Corp. acted as exclusive placement agent for the offering.
Kaufman & Canoles, P.C. acted as counsel to Aegis Capital Corp.
Disclosure Law Group, a Professional Corporation acted as counsel to the Company.
The securities described above were sold in a private placement transaction not involving a public offering and have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or applicable state securities laws. Accordingly, the securities may not be reoffered or resold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws. The securities were offered only to accredited investors. Pursuant to a registration rights agreement with the investors, the Company has agreed to file one or more registration statements with the SEC covering the resale of the Common Stock and the Shares issuable upon exercise of the pre-funded warrants and warrants.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or 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, 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 adequately utilize the funds received in the private placement; 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, 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 quarters ended March 31, 2025 and June 30, 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
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