Super League Enterprise Inc. Secures $145,200 Convertible Promissory Note Agreement with 1800 Diagonal Lending, LLC for Corporate Financing

Reuters

05-17

Super League Enterprise Inc. Secures $145,200 Convertible Promissory Note Agreement with 1800 Diagonal Lending, LLC for Corporate Financing

Super League Enterprise Inc. has entered into a new financing agreement with 1800 Diagonal Lending, LLC, a Virginia-based financial institution. On May 12, 2025, both parties signed a Securities Purchase Agreement under which Super League issued a Convertible Promissory Note valued at $145,200. The note carries a 10% annual interest rate and matures on February 15, 2026. Any unpaid amounts after the maturity date will incur a 22% annual interest rate. The agreement also includes several conditions that, if breached, could trigger an Event of Default. The net proceeds of $125,000, after deducting issuance and other expenses, will be used by Super League for working capital and general corporate purposes. This move is aimed at bolstering the company's financial position through strategic funding.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Super League Enterprise Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-017441), on May 16, 2025, and is solely responsible for the information contained therein.

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Secures $145,200 Convertible Promissory Note Agreement with 1800 Diagonal Lending, LLC for Corporate Financing\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-05-17 04:48</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Super League Enterprise Inc. Secures $145,200 Convertible Promissory Note Agreement with 1800 Diagonal Lending, LLC for Corporate Financing\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Super League Enterprise Inc. has entered into a new financing agreement with 1800 Diagonal Lending, LLC, a Virginia-based financial institution. On May 12, 2025, both parties signed a Securities Purchase Agreement under which Super League issued a Convertible Promissory Note valued at $145,200. The note carries a 10% annual interest rate and matures on February 15, 2026. Any unpaid amounts after the maturity date will incur a 22% annual interest rate. The agreement also includes several conditions that, if breached, could trigger an Event of Default. The net proceeds of $125,000, after deducting issuance and other expenses, will be used by Super League for working capital and general corporate purposes. 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ID: 0001437749-25-017441), on May 16, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SLE","symbol_name":"Super League Gaming Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250516:nNDLNj119:1","article_id":"2536032332","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536032332","pubTimestamp":1747428535,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Super League Enterprise Inc. Secures $145,200 Convertible Promissory Note Agreement with 1800 Diagonal Lending, LLC for Corporate Financing. Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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On May 12, 2025, both parties signed a Securities Purchase Agreement under which Super League issued a Convertible Promissory Note valued at $145,200. The note carries a 10% annual interest rate and matures on February 15, 2026. Any unpaid amounts after the maturity date will incur a 22% annual interest rate. The agreement also includes several conditions that, if breached, could trigger an Event of Default. The net proceeds of $125,000, after deducting issuance and other expenses, will be used by Super League for working capital and general corporate purposes. This move is aimed at bolstering the company's financial position through strategic funding.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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