Super League Completes Series of Transactions to Secure Capital and Strengthen Balance Sheet
Super League Enterprise (Nasdaq: SLE) has announced significant financial transactions to strengthen its balance sheet and reduce debt. The company secured a $4.5 million Convertible Note with a conversion price of $6.81 per share, representing a 30% premium above the Nasdaq Minimum Price. Additionally, SLE obtained a $20 million equity line of credit (ELOC) for future growth.
The company successfully converted high-interest debt into equity securities, reducing its 2025 debt service obligations by approximately 90% from $5.7 million to $600,000. Having recently regained Nasdaq compliance, Super League aims to achieve EBITDA positivity in Q4 2025 following cost reductions in Q1 and Q2.
Super League Enterprise (Nasdaq: SLE) ha annunciato importanti operazioni finanziarie per rafforzare il proprio bilancio e ridurre il debito. La società ha ottenuto una nota convertibile da 4,5 milioni di dollari con un prezzo di conversione di 6,81 dollari per azione, pari a un premio del 30% rispetto al prezzo minimo Nasdaq. Inoltre, SLE ha acquisito una linea di credito azionaria (ELOC) da 20 milioni di dollari per supportare la crescita futura.
La società ha convertito con successo debiti ad alto interesse in titoli azionari, riducendo le obbligazioni di servizio del debito per il 2025 di circa il 90%, da 5,7 milioni a 600.000 dollari. Dopo aver recentemente riconquistato la conformità con il Nasdaq, Super League punta a raggiungere un EBITDA positivo nel quarto trimestre del 2025, a seguito delle riduzioni dei costi nei primi due trimestri.
Super League Enterprise (Nasdaq: SLE) ha anunciado importantes transacciones financieras para fortalecer su balance y reducir la deuda. La compañía aseguró una nota convertible de 4,5 millones de dólares con un precio de conversión de 6,81 dólares por acción, lo que representa una prima del 30% sobre el precio mínimo de Nasdaq. Además, SLE obtuvo una línea de crédito de capital (ELOC) de 20 millones de dólares para crecimiento futuro.
La empresa convirtió con éxito deuda de alto interés en valores de capital, reduciendo sus obligaciones de servicio de deuda para 2025 en aproximadamente un 90%, de 5,7 millones a 600.000 dólares. Tras recuperar recientemente el cumplimiento con Nasdaq, Super League busca lograr un EBITDA positivo en el cuarto trimestre de 2025 después de reducir costos en el primer y segundo trimestre.
슈퍼리그 엔터프라이즈 (나스닥: SLE)는 재무 건전성을 강화하고 부채를 줄이기 위한 주요 금융 거래를 발표했습니다. 회사는 주당 전환 가격이 6.81달러인 450만 달러 전환 사채를 확보했으며, 이는 나스닥 최소 가격보다 30% 높은 프리미엄을 의미합니다. 또한, SLE는 향후 성장을 위한 2,000만 달러 규모의 주식 신용 한도(ELOC)를 확보했습니다.
회사는 고금리 부채를 주식 증권으로 성공적으로 전환하여 2025년 부채 서비스 의무를 약 90% 감축했으며, 금액은 570만 달러에서 60만 달러로 줄었습니다. 최근 나스닥 규정 준수를 회복한 슈퍼리그는 1분기와 2분기의 비용 절감 후 2025년 4분기에 EBITDA 흑자를 달성하는 것을 목표로 하고 있습니다.
Super League Enterprise (Nasdaq : SLE) a annoncé d'importantes opérations financières pour renforcer son bilan et réduire sa dette. La société a obtenu une note convertible de 4,5 millions de dollars avec un prix de conversion de 6,81 dollars par action, soit une prime de 30 % par rapport au prix minimum Nasdaq. De plus, SLE a obtenu une ligne de crédit en actions (ELOC) de 20 millions de dollars pour soutenir sa croissance future.
L'entreprise a réussi à convertir une dette à taux élevé en titres de capitaux propres, réduisant ainsi ses obligations de service de la dette pour 2025 d'environ 90 %, passant de 5,7 millions à 600 000 dollars. Après avoir récemment retrouvé sa conformité avec le Nasdaq, Super League vise à atteindre un EBITDA positif au quatrième trimestre 2025, suite aux réductions de coûts au premier et deuxième trimestre.
Super League Enterprise (Nasdaq: SLE) hat bedeutende Finanztransaktionen angekündigt, um seine Bilanz zu stärken und Schulden zu reduzieren. Das Unternehmen sicherte sich eine wandlungsfähige Schuldverschreibung über 4,5 Millionen US-Dollar mit einem Wandlungspreis von 6,81 US-Dollar pro Aktie, was einem Aufschlag von 30 % über dem Nasdaq-Mindestpreis entspricht. Zusätzlich erhielt SLE eine Eigenkapitalkreditlinie (ELOC) über 20 Millionen US-Dollar für zukünftiges Wachstum.
Das Unternehmen wandelte erfolgreich hochverzinsliche Schulden in Eigenkapital um und reduzierte seine Schuldenbedienungsverpflichtungen für 2025 um etwa 90 %, von 5,7 Millionen auf 600.000 US-Dollar. Nachdem Super League kürzlich die Nasdaq-Konformität wiedererlangt hat, strebt das Unternehmen an, im vierten Quartal 2025 ein positives EBITDA zu erreichen, nachdem in Q1 und Q2 Kostensenkungen umgesetzt wurden.
- Secured $4.5M Convertible Note at 30% premium to market price, indicating investor confidence
- Obtained $20M equity line of credit for future growth funding
- Reduced 2025 debt obligations by ~90% (from $5.7M to $600K)
- Regained Nasdaq minimum bid requirement compliance
- On track for EBITDA positivity in Q4 2025
- Potential dilution from debt-to-equity conversions and future ELOC usage
- Still carrying $600K in remaining debt obligations for 2025
- Currently not EBITDA positive, requiring cost reduction measures
Insights
SLE strengthens finances with $4.5M convertible note at premium, reduces 2025 debt by 90%, secures $20M credit line, targeting Q4 EBITDA positivity.
Super League has executed a strategic financial overhaul that significantly improves its fiscal health. The company secured
The most impressive aspect of this restructuring is the dramatic reduction in debt service obligations, which have been slashed from
The additional
The transaction timing follows cost reduction measures implemented in Q1 and Q2, suggesting a comprehensive turnaround strategy: first streamline operations, then restructure debt, and finally secure growth capital. With its recent regaining of Nasdaq compliance and this significantly improved capital structure, Super League has effectively reset its financial foundation, potentially enabling the company to focus on growth rather than survival.
~ Financing Secured via
~ Debt to Equity Conversions Reduce 2025 Debt Service Obligations by ~
SANTA MONICA, Calif., July 14, 2025 (GLOBE NEWSWIRE) -- Super League Enterprise, Inc. (Nasdaq: SLE) (the “Company”), a leader in engaging audiences through playable media, content, and experiences within mobile games and the world’s largest immersive platforms, today announced a set of strategic transactions that bolster the Company’s balance sheet and reduce its remaining 2025 debt burden by approximately
New capital is being provided in the form of a
Super League has further secured a
Additionally, as part of completing the financing, the Company successfully converted former high-interest debt facilities into equity securities, also at a premium to the Nasdaq Minimum price (under Rule 5635(d)) on the date of conversion. The debt conversions to equity securities and related amendments since the end of the first quarter have reduced the remaining debt service obligations for fiscal 2025 from approximately
Matt Edelman, President and CEO of Super League Enterprise, stated that “The company is much stronger today than a week ago thanks to the support of investors and creditors who believe in our future.” Edelman added, “Recent transactions have resulted in a more flexible capital structure and an improved balance sheet, making it possible for the company to pursue a broader range of strategic opportunities. Further, these financial moves provide the "fuel" needed after cost reductions in Q1 and Q2, supporting the company’s goal of achieving EBITDA positivity in Q4 of this year.”
Aegis Capital Corp. acted as exclusive placement agent for the financing. Disclosure Law Group, a Professional Corporation acted as counsel to the Company. Kaufman & Canoles, P.C. acted as counsel to Aegis Capital Corp.
For additional information regarding the transaction see the Current Report on Form 8-K filed today with the Securities and Exchange Commission available on the Company website at https://ir.superleague.com/sec-filings.
About Super League
Super League (Nasdaq: SLE) is redefining how brands connect with consumers through the power of playable media. The Company provides global brands with ads, content, and experiences that are not only seen – they are played, felt, and remembered - within mobile games and the world’s largest immersive gaming platforms. Powered by proprietary technology, an award-winning development studio, and a vast network of native creators, Super League is a one-of-a-kind partner for brands looking to stand out in culture, spark loyalty, and drive meaningful impact. In a world where attention is earned, Super League makes brands relevant - by making them playable. For more information, visit superleague.com.
Forward-Looking Statements
The foregoing material may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company’s product development and business prospects, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. These risks and uncertainties include, without limitation, risks and uncertainties related to the future price of our Common Stock, the Company’s ability to adequately deploy the funds received in the financings; the impacts of the debt conversions on the Company’s balance sheet; market conditions; the Company’s ability to maintain adequate liquidity and financing sources; various risks related to the Company’s business operations; and other risks and uncertainties, including those described within the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, and the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2025. There can be no assurance that the Company will be able to maintain compliance with the NCM’s continued listing standards. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the security laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.
Super League Investor Relations Contact:
Shannon Devine / Mark Schwalenberg
MZ North America
Main: 203-741-8811
SLE@mzgroup.us
FAQ
What financing did Super League Enterprise (SLE) secure in July 2025?
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Has Super League (SLE) regained Nasdaq compliance?
