SLE Super League Enterprise, Inc.
Price Chart
Executive Summary
Super League Enterprise redeemed all 1,153 shares of Series C Convertible Preferred Stock from Yield Point NY, LLC for $922,400 (an 80% discount to the $1,153,000 stated value) and terminated the $20M ELOC. The Series C and Series AAA-2 preferred stock designations were eliminated. The company paid $922,400 in cash on June 8, 2026, removing the dilutive overhang from the convertible preferred and the ELOC, but the cash outlay represents ~18% of its $5M market cap.
Key Financial Metrics
Actionable Insight
The removal of the convertible preferred and the $20M ELOC eliminates a major dilution overhang that likely capped the stock. Monitor for any remaining warrants or future financing needs given the cash outlay. The stock could re-rate higher as the overhang clears.
Key Facts
- Redeemed 1,153 shares of Series C Convertible Preferred Stock for $922,400 (80% of $1,153,000 stated value)
- Terminated the $20M Equity Line of Credit (ELOC) with Yield Point NY, LLC
- Eliminated Certificate of Designation for Series C and Series AAA-2 Preferred Stock
- No early termination penalties incurred
- Cash payment of $922,400 made on June 8, 2026
- Holder retains a warrant issued contemporaneously with the Series C shares
Financial Impact
Cash outlay of $922,400 (~18% of $5M market cap) eliminates $1.153M stated-value preferred and $20M ELOC overhang. The 20% discount saved the company $230,600 vs stated value.
Risk Factors
- Cash outlay of $922,400 reduces liquidity for a $5M market cap company
- Warrant held by Yield Point NY remains outstanding and could still create dilution
- No new financing source replaces the terminated ELOC
Market Snapshot
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001437749-26-019982 |
| Exhibit: ex_974351.htm | 0001437749-26-019982 |
| Exhibit: ex_974350.htm | 0001437749-26-019982 |
| Document: slgg20260609_8k.htm | 0001437749-26-019982 |
| Document: 0001437749-26-019982-index-headers.html | 0001437749-26-019982 |
| Document: 0001437749-26-019982-index.html | 0001437749-26-019982 |
| Document: 0001437749-26-019982.txt | 0001437749-26-019982 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 9, 2026
11d ago
|
8-K
| $3.29 $3.11 | ▼ −5.47% | ▼ −8.90% | $3.21 (−2.43%) |
|
Jun 9, 2026
11d ago
|
Press Release
| $3.17 $3.20 | ▲ +0.95% | ▼ −1.47% | $3.21 (+1.26%) |
|
May 27, 2026
24d ago
|
8-K
| $3.41 $3.40 | ▼ −0.29% | ▼ −0.61% | $3.21 (−5.87%) |
|
May 19, 2026
4w ago
|
8-K
| $5.59 $3.41 | ▼ −39.00% | ▼ −40.80% | $3.21 (−42.58%) |
|
May 15, 2026
5w ago
|
Press Release
| $6.04 $4.41 | ▲ +26.99% | ▲ +27.95% | $3.21 (+46.85%) |
|
May 6, 2026
6w ago
|
8-K
| $4.05 $4.15 | ▲ +2.47% | ▲ +1.34% | $3.21 (−20.74%) |
|
Mar 17, 2026
13w ago
|
Press Release
| $5.14 $3.90 | ▼ −24.12% | ▼ −23.41% | $3.21 (−37.55%) |
US Market Status
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