Super League Enterprise, Inc. (SLE) Form 424B5 — Aug 18, 2026
Super League Enterprise (Nasdaq: SLE) filed a 424B5 prospectus supplement establishing an at-the-market program to sell up to $2,229,000 of common stock through The Benchmark Company and StoneX Financial at a 1.0% commission, with proceeds for working capital and general corporate purposes. Capacity is capped by the Form S-3 one-third-of-float rule because the public float is only about $6.69 million, and up to 738,079 shares could be issued at the assumed $3.02 price, implying roughly 44% growth in the 1,668,082 shares outstanding as of June 30, 2026.
Key figures
- Gross Proceeds
- 2229000
- Offering Price
- 3.02
- Shares Offered
- 738079
- Evo Warrants
- two warrants for up to 10,000,000 shares at $3.00-$5.55, 2-year term
- Public Float
- $6,688,814 (1,978,939 non-affiliate shares at $3.38, Aug 12, 2026)
- Expected Close
- Q4 2026, subject to stockholder approval
- Post Close Name
- Superplanet, Inc.
- Shelf Capacity
- $100 million base shelf (File No. 333-283812)
- Agent Commission
- 1.0% of gross proceeds
- Assumed Price Note
- $3.02 was the Nasdaq closing price on August 17, 2026 used as the assumed ATM price
- Metaplanet Warrants
- four warrants for up to 381,000,000 shares at $3.00-$33.50, 10-year term
- Net Tangible Book Value
- $4.9 million ($2.92/share) as of June 30, 2026
- Agent Expense Reimbursement
- $25,000
- Estimated Offering Expenses
- $55,000
- Metaplanet Investment Shares
- 44,859,400 shares at $3.00 per share
- Metaplanet Post Close Ownership
- approximately 95.7% (approximately 93.6% assuming pre-funded warrant exercise)
- Pro Forma Net Tangible Book Value
- $7.0 million ($2.92/share)
- Shares Outstanding June30 2026
- 1668082
- Dilution Per Share To New Investors
- $0.10
- Metaplanet Closing Consideration
- 2,100 Bitcoin plus $2,500,000 in cash
- Shares Outstanding After Offering
- up to 2,735,652
- Metaplanet Additional Investment Right
- up to $210,000,000 via 2,100,000 junior preferred shares over 24 months
Price after filing
Close on the filing date to close N calendar days later (from $5.50). Historical, not a forecast.
AI analysis
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