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Super League raises $10M from Evo Fund to cut debt, boost growth, and meet Nasdaq listing rules.
Super League (Nasdaq: SLE) announced a private placement expected to raise $12 million to $20 million, anchored by a $10 million investment from Evo Fund, a digital asset investor.
The financing, pending shareholder approval and closing conditions, will help the company eliminate debt, strengthen its balance sheet, and meet Nasdaq’s equity listing requirements.
The funds will support efforts to achieve cash-based EBITDA positivity by year-end 2025, expand into the crypto economy, and drive sustainable growth.
The company has simplified its capital structure by removing complex preferred stock, creating a cleaner equity foundation.
Aegis Capital is the exclusive placement agent.
Super League recauda $ 10M del Fondo Evo para reducir la deuda, impulsar el crecimiento y cumplir con las reglas de cotización Nasdaq.