Infinite Reality To Secure Majority Stake in Super League with Proposed Capital Commitment and Asset Transfer
Super League Enterprise, Inc. (SLE)
Company Research
Source: GlobeNewswire
NEW YORK and SANTA MONICA, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Infinite Reality (iR), an innovation company powering the next generation of digital media and e-commerce through artificial intelligence (AI), spatial computing, extended reality (XR), and other immersive technologies today announced a strategic investment and proposed partnership with Super League Enterprise, Inc. (Nasdaq: SLE), a global leader in redefining the gaming industry as a media channel. In this transaction, Infinite Reality will acquire 9.9% of SLE’s outstanding shares via a share exchange, and Infinite Reality Board Chair Clark Callander will join the Board of SLE. Furthermore, the parties have entered into exclusivity to complete a supplemental transaction whereby Infinite Reality will secure an additional 75% of SLE shares, along with a second seat on the board of directors. Inclusive in this transaction is a commitment from Infinite Reality for up to $20 million in cash as well as access to a fut
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SLE
News
- Super League Announces Third Quarter 2024 Financial ResultsGlobeNewswire
- Gamers Scramble Their Way Through The American Egg Board's "Tower of Eggs" Pop-up in RobloxPR Newswire
- Super League Brings Ancient Rome to Fortnite Creative Platform Ahead of Paramount Pictures’ Gladiator II Film ReleaseBusiness Wire
- Super League Completes Initial Stage of Equity Exchange Transfer with Infinite RealityGlobeNewswire
- Super League Announces $1 Million Registered Direct Investment From Infinite RealityGlobeNewswire
SLE
Earnings
- 11/14/24 - Miss
SLE
Sec Filings
- 11/14/24 - Form 8-K
- 11/14/24 - Form 10-Q
- 11/1/24 - Form SC
- SLE's page on the SEC website