Mergers & Acquisitions ·
Super League Enterprise, Inc. entered into subscription agreements with Metaplanet Holdings, Inc. and Evo Fund to…
SLESuper League Enterprise, Inc.
Super League Enterprise, Inc. entered into subscription agreements with Metaplanet Holdings, Inc. and Evo Fund to issue securities in a strategic transaction expected to close in the fourth quarter of 2026. Metaplanet will contribute 2,100 Bitcoin valued at approximately $132.1 million plus $2.5 million cash in exchange for 44,859,400 shares of common stock at $3.00 per share, 100 shares of convertible perpetual preferred stock, and warrants to purchase up to 381,000,000 additional shares. Evo Fund will receive warrants to purchase up to 10,000,000 shares. Upon closing, the company will be renamed Superplanet, Inc., become a consolidated subsidiary of Metaplanet holding approximately 95.7% of common stock, and operate as a Bitcoin treasury platform alongside its existing gaming media business.