Super League said it would execute a private placement that would land it $12 million to $20 million in proceeds, including a $10 million investment from Evo Fund, a cryptocurrency investment company.
The placement is expected to close following Super League's stockholder meeting in October.
The video game company said the stock sale would allow it to clear its debt and pursue cryptocurrency opportunities. The financing will also enable it to regain compliance with the Nasdaq's listing requirements.
Write to Nicholas G. Miller at nicholas.miller@wsj.com
(END) Dow Jones Newswires
September 22, 2025 17:07 ET (21:07 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.