Super League CEO Urges Shareholder Approval Of Metaplanet Deal; Transaction Would Add 2,100 Bitcoin Worth Up To $179M, Create 'Superplanet' And Establish Metaplanet As Controlling Shareholder With 5-Yr Lock-Up

Super League Enterprise, Inc. (NASDAQ: SLE) is seeking shareholder approval for a deal with Metaplanet that would involve the acquisition of 2,100 Bitcoin, valued at up to $179 million. This transaction aims to create a new entity called 'Superplanet' and will establish Metaplanet as the controlling shareholder with a five-year lock-up period. The move is part of Super League's strategy to enhance its position in the digital advertising landscape.