Santa Monica, CA – May 30, 2025 — Super League Enterprise, Inc. (NASDAQ: SLE), a leading innovator in playable media and immersive brand engagement, has officially closed its latest underwritten public offering, generating gross proceeds of approximately $500,000. The offering, which included a firm commitment and an exercised overallotment option, is intended to bolster the company's working capital, general operations, and partially repay existing debt.

As part of the offering, 4,166,666 shares of common stock were issued at a public price of $0.12 per share. Additionally, the underwriter exercised its option to purchase an extra 416,666 shares, increasing the total gross proceeds to $550,000.

The offering was managed by Aegis Capital Corp., serving as the sole book-running manager. Legal counsel for Super League was provided by Disclosure Law Group, while Kaufman & Canoles, P.C. advised Aegis Capital.

This public offering was conducted under a shelf registration statement (Form S-3 No. 333-283812), declared effective by the U.S. Securities and Exchange Commission (SEC) on December 20, 2024. Full details of the offering, including the final prospectus supplement, will be accessible via the SEC’s website at www.sec.gov.

Super League plans to utilize the funds raised, alongside existing cash reserves, to support its strategic growth initiatives, cover operational expenses, and reduce portions of its outstanding debt—further positioning the company for long-term sustainability and expansion.

About Super League Enterprise, Inc.

Super League (NASDAQ: SLE) is transforming brand engagement by integrating marketing into immersive gaming experiences. Leveraging proprietary technology, a global network of native gaming creators, and an award-winning development studio, the company delivers interactive advertising campaigns within popular mobile and metaverse platforms. Super League helps brands not only get noticed—but truly connect—through playable content that resonates with modern audiences.

For more information, visit superleague.com.