Super League Enterprise, Inc. 8-K
Research Summary
AI-generated summary
Super League Enterprise Announces 1-for-12 Reverse Stock Split
What Happened
- Super League Enterprise, Inc. (SLE) filed an amendment to its Certificate of Incorporation to effect a 1-for-12 reverse stock split of its common stock. The amendment was filed Jan 16, 2026 and became effective at 12:01 a.m. Eastern on Jan 23, 2026. Shares are expected to begin trading on a reverse-split-adjusted basis on the Nasdaq Capital Market on Jan 23, 2026.
- The company issued a press release and a shareholder letter on Jan 21, 2026 disclosing the reverse split (filed as Regulation FD disclosures in the 8-K).
Key Details
- Reverse split ratio: 1-for-12 (every 12 shares combined into 1 share).
- Effective time/date: 12:01 a.m. on January 23, 2026.
- New CUSIP for common stock after the reverse split: 86804F509.
- No fractional shares will be issued; any fractional share resulting from the split will be rounded up to one whole share. Direct Transfer LLC is appointed as exchange agent/transfer agent.
Why It Matters
- The reverse split reduces the number of issued and outstanding shares and will increase the per-share trading price proportionally; the filing states the reverse split does not change the rights or preferences of the common stock.
- For investors, the split changes share count and the stock’s reported price per share (and may affect liquidity and per-share metrics), but it does not change an investor’s proportional ownership of the company aside from rounding adjustments. Shares will trade on a split-adjusted basis on Nasdaq beginning Jan 23, 2026.
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