Super League Executes 1-for-12 Reverse Split Cutting Shares to 1.16 Million

SLESLE

Super League is executing a 1-for-12 reverse stock split effective January 23, 2026 to maintain compliance with Nasdaq Capital Market listing requirements. The split will reduce outstanding shares from approximately 14.0 million to about 1.16 million, with no change to stockholders’ percentage ownership or voting power.

1. Execution Phase Drives Revenue Momentum

Super League reported that the fourth quarter of 2025 delivered its strongest revenue performance of the year, with momentum carrying into the first quarter of 2026. Management noted that Q1 2026 results are tracking ahead of both the prior quarter and the comparable period in 2025, reflecting improved execution and a more focused operating model. This growth is attributed to heightened demand for playable ads and gamified content, as global brands prioritize engaging gaming audiences through interactive formats. Leadership emphasized that the "power of play" is now recognized as a competitive advantage by marketers seeking measurable impact.

2. Strengthened Balance Sheet and Streamlined Operations

As of December 31, 2025, Super League held approximately $14 million in cash, following completion of an October financing that stabilized the company’s financial position. The organization simplified its structure by eliminating legacy constraints and realigning around three core functions—Platform and Data, Advertising and Marketing Solutions, and Strategic Properties. The acquisition of Bounce was highlighted as a key milestone, enhancing automation and measurement capabilities. Investment in the gaming property Hide or Die marked the company’s first step in building a portfolio of revenue-generating digital assets, designed to contribute cash flow and proprietary audience insights.

3. Reverse Stock Split Secures Listing Compliance

On January 23, 2026, Super League implemented a 1-for-12 reverse stock split to maintain compliance with Nasdaq Capital Market listing requirements. The action consolidated the share count from approximately 14.0 million to 1.16 million outstanding shares, with no change to any stockholder’s percentage ownership or voting power. Fractional shares were rounded up to the nearest whole share, and all positions held in brokerage accounts were automatically adjusted. Management indicated that this transaction supports sharper focus and discipline as the company enters its next phase of execution.

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