Super League Enterprise, Inc. (SLE): Entry into a Material Definitive Agreement
Super League Enterprise, Inc. (SLE) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.1 4 ex_974352.htm EXHIBIT 10.1 ex_974352.htm Exhibit 10.1 REDEMPTION AGREEMENT This Redemption Agreement (this “Agreement”) is entered into as of June 3, 2026 (the “Effective Date”), by and between Super League Enterprise, Inc., a Delaware corporation (“SLE” or the “Company
How this was made
The 30-second read
Why it matters
SLE will redeem the holder’s 1,153 shares for a total redemption price of $922,400 (80% of stated value) and, after payment, terminate the ELOC; if payment is not received by June 8, 2026, the agreement terminates.
Market read
This is a concrete capital-structure event: a small preferred redemption at a stated discount plus termination of the equity line mechanics.
What to watch
Traders may want to assess whether SLE’s redemption funding is sourced from cash, new financing, or asset sales—none of which is detailed in the excerpt.
Background
The 8-K reports entry into a Redemption Agreement with Yield Point NY, LLC for SLE’s Series C Convertible Preferred and termination of a related equity line of credit (ELOC).
Ticker impact
SLE entered a redemption agreement to buy back 1,153 shares of its Series C convertible preferred from Yield Point NY and terminate the ELOC.
Likely modest/short-term impact; focus on whether redemption funding is a liquidity overhang versus a clean-up of capital structure.
The filing discloses deal terms (80% of stated value, $922.4k) and termination of the equity line, but provides no broader guidance, cash balance, or earnings implications.
Market effects
Limited read-across; this is company-specific capital-structure and financing documentation.
None indicated.
None indicated.
Counterpoint
The redemption price is discounted (80% of stated value), which could signal stress or negotiated terms rather than a purely favorable simplification.
Key entities
- issuerSuper League Enterprise, Inc.
Company filing the 8-K and the party redeeming its Series C convertible preferred shares.
- holderYield Point NY, LLC
Registered holder of 1,153 shares of SLE Series C Convertible Preferred; counterparty to the redemption agreement.
- financingEquity Line of Credit (ELOC)
Up to $20 million equity line arrangement between SLE and Yield Point NY, terminated upon redemption payment.
