Business Context and Reporting Period
Company: Super League Enterprise, Inc. (SLE)
Filing Type: Form 8-K (Current Report)
Date of Report: August 18, 2026
Principal Office: Santa Monica, California
Trading Symbol: SLE (Nasdaq Capital Market)
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on a new financing arrangement.
| Metric | Value |
|---|---|
| Maximum Aggregate Sales Price | $2,229,000 |
| Agent Commission | 1.0% of gross proceeds |
| Underlying Registration | Form S-3 (File No. 333-283812) |
Material Changes
On August 18, 2026, the Company entered into a Sales Agreement with The Benchmark Company, LLC and StoneX Financial Inc. to establish an "at-the-market" (ATM) offering program. Key terms include:
- Program Cap: The Company may sell shares with an aggregate sales price of up to $2,229,000.
- Flexibility: The Company is not obligated to sell any shares and may suspend the program at any time.
- Termination: The agreement terminates upon the sale of the full $2,229,000 or earlier termination by either party.
- Costs: Agents receive a 1.0% commission on gross proceeds; the Company will reimburse specified expenses.
Guidance, Outlook, and Risks
Management Commentary: The filing provides no forward-looking financial guidance or operational outlook. It strictly details the mechanics of the new sales agreement.
Risks and Contingencies:
- Dilution: Future sales of shares under this program will result in dilution to existing shareholders.
- Market Conditions: Sales are subject to market conditions and the Company's discretion to suspend the program.
- Legal Compliance: The offering is subject to the terms of the Sales Agreement and applicable securities laws.
Investor Verification Checklist
- Verify the current share price to assess the potential number of shares issuable under the $2,229,000 cap.
- Review the full text of the Sales Agreement (Exhibit 1.1) for specific termination rights and expense reimbursement details.
- Confirm the status of the underlying Form S-3 registration statement (File No. 333-283812).
- Monitor future filings for actual sales activity and proceeds generated under this ATM program.