Super League Enterprise Inc. has entered into a new financing agreement with 1800 Diagonal Lending, LLC, a Virginia-based financial institution. On May 12, 2025, both parties signed a Securities Purchase Agreement under which Super League issued a Convertible Promissory Note valued at $145,200. The note carries a 10% annual interest rate and matures on February 15, 2026. Any unpaid amounts after the maturity date will incur a 22% annual interest rate. The agreement also includes several conditions that, if breached, could trigger an Event of Default. The net proceeds of $125,000, after deducting issuance and other expenses, will be used by Super League for working capital and general corporate purposes. This move is aimed at bolstering the company's financial position through strategic funding.
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