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Super League Enterprises, Inc. Announces Partial Exercise of Over-Allotment Option

Super League Enterprises, Inc. has announced that the underwriter of its previously announced underwritten public offering, Aegis Capital Corp., has exercised its option to purchase an additional 32,616 shares of common stock at a price of $2.60 per share. The total gross proceeds to the company from the exercise of the Over-Allotment Option are $84,801.60.

The Over-Allotment Option is expected to close on September 12, 2023, subject to customary closing conditions. Aegis Capital Corp. acted as the sole book-running manager for the offering.

This offering was made pursuant to an effective shelf registration statement declared effective by the U.S. Securities and Exchange Commission (SEC) in November 2021. Interested parties can obtain the final prospectus supplement and accompanying shelf prospectus from Aegis Capital Corp.

Super League Enterprises, Inc., formerly known as Super League Gaming, Inc., is a leading publisher and creator of games and experiences on immersive digital platforms. They offer access to massive audiences who gather in immersive digital spaces to socialize, play, explore, collaborate, shop, learn, and create.

This press release contains forward-looking statements that involve substantial risks and uncertainties. These statements are based on a combination of facts and factors known by the company, and the company cautions that they cannot be certain of their outcome. Interested parties should read the complete prospectus supplement and accompanying prospectus for more information about the offering.

Overall, Super League Enterprises, Inc. is expanding its offering through the exercise of the Over-Allotment Option, which will provide additional funds for the company's growth and development.

– Super League Enterprises, Inc. announces partial exercise of Over-Allotment Option