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Super League announces private placement to fund growth initiatives
Esports
May 15, 2023
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May 15, 2023

Super League announces private placement to fund growth initiatives

Funding

  • Super League Gaming (SLG) has completed two private financings of convertible preferred stock, raising approximately USD 23.8 million in gross proceeds from November 2022 through May 2023. SternAegis Ventures acted as the exclusive placement agent for the offering, and participants included existing investors, new investors, and affiliates of the placement agent. 

  • The capital raised was used to pay off the company's debt and support ongoing operations and growth initiatives.

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