M&A - Super League Enterprise, Inc.

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Form Type: 8-K

Filing Date: 2025-05-22

Corporate Action: Acquisition

Type: New

Accession Number: 000143774925018053

Filing Summary: On May 19, 2025, Super League Enterprise, Inc. entered into a Membership Interest Purchase and Sale Agreement with Mineville, LLC. The agreement involved the sale of 100% of the membership interests of InPvP, LLC, which was a wholly owned subsidiary of Super League prior to the closing. The transaction was completed at the time of agreement execution, whereby Mineville paid $350,000 in cash and granted Super League exclusive sales rights for a period of two years across its Microsoft servers. Revenue sharing between the two parties is structured based on performance metrics of gross sales revenue, with specific percentages allocated to Super League as thresholds are crossed. The agreement includes standard representations, warranties, and covenants typical for such transactions, alongside indemnification provisions. A press release confirming the sale was issued on May 22, 2025.

Additional details:

Membership Interest Purchase Price: 350000


Sales Rights Term: two years


Exclusive Sales Period: one year


Revenue Share Below 1m: 60%


Revenue Share Above 1m: 50%


Renewal Condition: gross sales revenue exceeds 1.5 million


Form Type: 10-K

Filing Date: 2025-03-31

Corporate Action: Acquisition

Type: New

Accession Number: 000143774925010233

Filing Summary: Super League Enterprise, Inc. has engaged in several significant acquisitions and agreements aimed at enhancing its operational scope and market presence. The company highlights its acquisition activities as part of a long-term strategic growth plan, particularly in the gaming and entertainment sectors. Notably, it has signed multiple agreements, including equity purchase agreements and consulting arrangements, which are expected to contribute to revenue growth and operational efficiencies. The company's financial statements affirm a stable trajectory towards meeting shareholder expectations through its innovative initiatives and acquisitions. As of the end of fiscal 2024, the company demonstrates substantial investments in technology and talent acquisition, which are anticipated to yield positive returns in the upcoming quarters.

Additional details:

Equity Purchase Agreement Date: 2025-02-14


Subsequent Event Date: 2025-01-01


Subsequent Event Date: 2025-03-19


Subsequent Event Description: Bonuses and compensation adjustments related to executive management positions.


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