Super League Executes 1-for-12 Reverse Split, Cutting Outstanding Shares by 90%
Super League will implement a 1-for-12 reverse stock split effective January 23, 2026, reducing its outstanding shares from approximately 14.0 million to about 1.16 million. Each shareholder’s percentage ownership and voting power will remain unchanged, and fractional shares will be rounded up to the nearest whole share.
1. Strategic Transformation and Organizational Realignment
Since completing its October financing, Super League has shifted from stabilization to execution, articulating a three-pronged operating model—Platform and Data, Advertising and Marketing Solutions, and Strategic Properties. The Company simplified its structure, eliminated legacy constraints, and aligned teams around scalable, interlocking functions designed to drive cohesion and operating momentum. As of December 31, 2025, Super League held approximately $14 million in cash, underpinning its confidence to invest selectively and pursue growth while maintaining disciplined cost management.
2. Strong Q4 2025 Performance and Q1 2026 Momentum
Management expects the fourth quarter of 2025 to deliver the year’s highest revenue, driven by improved execution and growing demand for playable media. Early indications show first-quarter 2026 revenues outpacing both the prior quarter and the comparable quarter of 2025. This trajectory reflects the impact of the Bounce acquisition—enhancing automation, measurement, and full-funnel campaign execution—and broadening client uptake of gamified advertising across mobile, social, digital video, connected TV, and immersive gaming platforms.
3. Reverse Stock Split to Support Listing Compliance
Super League announced a 1-for-12 reverse split effective January 23, 2026, reducing its share count from approximately 14 million to 1.16 million while preserving each stockholder’s proportionate ownership and voting power. The action ensures ongoing compliance with Nasdaq Capital Market minimum price rules without altering par value or shareholder rights. Fractional shares will be rounded up to the nearest whole share, and no action is required by holders in brokerage or book-entry accounts.