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Super League Gaming (Nasdaq: SLGG) has priced an underwritten public offering of 4,540,541 shares at $1.85 per share, aiming for gross proceeds of approximately $8.4 million. The offering includes a 30-day option for the underwriter to purchase an additional 681,081 shares to cover over-allotments. Proceeds will support working capital, sales and marketing, product development, and capital expenditures. The offering is set to close on August 31, 2020. National Securities Corporation acts as the sole book-running manager.
Super League Gaming (NASDAQ:SLGG), a leader in competitive video gaming, will present at the LD 500 investor conference from September 1st to September 4th, 2020. CEO Ann Hand will speak on September 1st at 8:00 AM PDT. The event will be virtual, allowing for investor meetings throughout the day. Super League Gaming is known for providing engaging experiences for everyday gamers, featuring gameplay from top video titles and integrated solutions for various partners. Interested parties can register for the event and learn more through the provided links.
Super League Gaming (Nasdaq: SLGG) announced an exclusive esports partnership with the Singleton Foundation to launch the new game Venture Valley. This game allows players to simulate being CEOs and compete in building businesses, while also learning essential life skills. As the exclusive esports partner, Super League plans various initiatives, including weekly competitions and a collegiate championship with live broadcasts. The partnership aims to drive community engagement and awareness around entrepreneurship through competitive gameplay.
Super League Gaming (Nasdaq: SLGG) reported a record audience growth during the COVID-19 pandemic, achieving over ONE BILLION video views in 2020, a 700% increase from 2019's 120 million views. This growth reflects the popularity of the company’s content, which includes user-generated highlights and multiple channels on platforms like Snapchat and TikTok. Additionally, SuperLeagueTV has enhanced live content production capabilities, allowing safe, high-quality broadcasts from home, catering to various game titles and expanding brand partnerships.
Super League Gaming (Nasdaq: SLGG) has partnered with USA TODAY Sports Media Group to launch exciting esports tournaments, beginning with a Madden NFL 20 Tournament on July 6, 2020. This collaboration aims to engage over 60 million sports fans, providing them with a competitive platform at home. The tournament will feature a $10,000 cash prize for the top 10 players, culminating in the crowning of a champion on August 2. The initiative leverages USA TODAY's vast audience reach and Super League's expertise in managing gaming events.
Super League Gaming (NASDAQ: SLGG) announced a registered direct offering of 1,825,000 shares of common stock at $3.50 per share, aiming to raise approximately $6,387,500 before expenses. The offering is set to close on or around May 15, 2020, pending customary conditions. A.G.P./Alliance Global Partners is the sole placement agent for the offering. This transaction is under an effective shelf registration statement previously filed with the SEC. The funds will support Super League's esports community and competitive gaming initiatives.
Super League Gaming (Nasdaq: SLGG), a leader in esports entertainment, has enhanced its live broadcast production capabilities to support remote gaming events amidst the COVID-19 pandemic. Their platform allows seamless live streaming of competitions, providing real-time interactions for producers and participants. A notable advancement is a 'camera character' technology recently allowed by the US Patent and Trademark Office, which enhances viewer experience by creating virtual characters that follow game action using AI. Super League continues to innovate in the esports space, focusing on technology and community engagement.