Super League Enterprise, Inc. 8-K

What Happened

• Super League Enterprise, Inc. announced it entered into a Redemption Agreement with the sole holder of its Series C Senior Convertible Preferred Stock (Yield Point NY, LLC) under which the company paid a one-time cash consideration of $922,400 to redeem and cancel all 1,153 outstanding shares of Series C Preferred Stock. The Redemption Agreement also terminates the Equity Purchase Agreement dated July 10, 2025 and includes mutual releases of claims. The company paid the agreement consideration in full on June 8, 2026.
• Separately, the company filed Certificates of Cancellation with the Delaware Secretary of State to terminate the designation of its Series AAA-2 Junior Preferred Stock (filed June 4, 2026) and its Series C Senior Convertible Preferred Stock (filed June 9, 2026). The board approved both cancellations and there were no outstanding shares of either series on their respective effective dates.

Key Details

• Redemption payment: $922,400 paid in full on June 8, 2026.
• Shares redeemed: all 1,153 outstanding shares of Series C Senior Convertible Preferred Stock.
• Agreement effects: termination of the July 10, 2025 Equity Purchase Agreement and mutual releases of claims between the parties.
• Corporate filings: Certificate of Cancellation for Series AAA-2 filed June 4, 2026; Certificate of Cancellation for Series C filed June 9, 2026 — no shares outstanding at filing.

Why It Matters

• The transaction removes the company’s outstanding Series C preferred liability and formally cancels two preferred stock designations, simplifying the company’s capital structure. Investors should note the cash outflow ($922,400) and that the company and the holder exchanged mutual releases, which settles any remaining claims related to the preferred shares and the prior purchase agreement. This is a corporate housekeeping and liability-settling action rather than an operating or earnings event.