Super League Enterprise, Inc. Announces Exercise of Over-Allotment Option in Public Offering

SANTA MONICA, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- Super League Enterprise, Inc. (NASDAQ: SLE) (the “Company”), a leader in redefining how brands connect with consumers through the power of playable media, today announced that the underwriter of its previously announced public offering of common stock has exercised its option to purchase an additional 617,647 shares of common stock at the public offering price of $0.17 per share, resulting in additional gross proceeds of approximately $105,000. After giving effect to the exercise of the over-allotment option, the total number of common stock sold by the Company in the public offering increased to 5,735,294 shares and gross proceeds increased to approximately $974,999, before deducting underwriting fees and other estimated offering expenses payable by the Company. The exercise of the over-allotment option is expected to close on May 14, 2025, subject to customary closing conditions.

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