Super League Enterprise Announces 1-for-40 Reverse Stock Split
(RTTNews) - Super League Enterprise, Inc. (SLE), known for its playable media and immersive content, has declared a 1-for-40 reverse stock split of its common stock.
The move will become legally effective at 12:01 AM on June 23, 2025, and shares will begin trading on a split-adjusted basis that same day under the ticker "SLE".
Following the split, every 40 shares will automatically convert into one share, reducing the total outstanding common stock from roughly 35.4 million to around 884,000 shares.
SLE is currently trading at $0.1137 or 1.1304% lower on the NasdaqCM.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.