Super League to Slash Outstanding Shares from 14M to 1.16M via 1-for-12 Reverse Split

SLESLE

Super League will implement a 1-for-12 reverse stock split on January 23, 2026, reducing outstanding shares from approximately 14.0 million to 1.16 million to maintain Nasdaq Capital Market compliance. Stockholders’ percentage ownership and voting power will remain unchanged, with all fractional shares rounded up to the nearest whole share.

1. Operational Transformation Yields Strong Revenue Momentum

Since completing its October financing, Super League has shifted from stabilization to execution, positioning itself for sustained growth. The company expects Q4 2025 to deliver its highest quarterly revenue of the year, and preliminary data indicate Q1 2026 revenue will exceed both Q4 2025 and Q1 2025. Management attributes this momentum to a more focused operating model, improved execution capabilities and growing brand demand for gamified advertising solutions.

2. Strengthened Balance Sheet Supports Strategic Investments

As of December 31, 2025, Super League held approximately $14 million in cash, following efforts to simplify its structure and eliminate legacy constraints. This liquidity buffer provides a runway for selective investments in product development, strategic partnerships and expansion of its digital asset portfolio, while maintaining disciplined cost management. Profitability remains a core priority, viewed as a prerequisite for long-term value creation rather than an endpoint in itself.

3. Three-Function Model Drives Cohesive Growth

Super League reorganized into Platform & Data, Advertising & Marketing Solutions, and Strategic Properties. The acquisition of Bounce enhances automation and full-funnel campaign measurement within Platform & Data. Advertising & Marketing Solutions leverages psychographic insights to deliver playable ad campaigns across mobile, social, CTV and immersive platforms. Strategic Properties, highlighted by the Hide or Die investment, builds an owned-and-operated gaming creator portfolio that generates cash flow, proprietary data and exclusive brand partnership opportunities.

4. Reverse Stock Split Ensures Nasdaq Compliance

To maintain compliance with Nasdaq Capital Market listing standards, Super League announced a 1-for-12 reverse stock split effective January 23, 2026. This action reduces outstanding shares from approximately 14.0 million to 1.16 million, with each shareholder’s percentage ownership and voting power remaining unchanged after fractional-share rounding. The split is designed to streamline the capital structure and support continued execution against the company’s strategic priorities.

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