SLGG Super League Gaming

Super League Announces Cost Structure Reductions Amid Drive Towards Profitability

Super League Announces Cost Structure Reductions Amid Drive Towards Profitability

Company restructures executive compensation and reduces headcount to lower operating costs by approximately 30%

SANTA MONICA, Calif., May 07, 2025 (GLOBE NEWSWIRE) -- Super League (Nasdaq: SLE) (the “Company”), a leader in engaging audiences through playable media, content, and experiences, announced today an update on the Company’s efforts to significantly reduce its costs structure through a 35% workforce reduction and restructuring of management compensation. The measures, effective primarily as of April 14, 2025 and May 1st, 2025, respectively, are expected to reduce fiscal year operating costs by approximately $2.7 million through December 31, 2025, which should help the Company reach its targeted goal of being EBITDA positive in Q4 2025.   

“On the heels of our recent accretive acquisition of Supersocial in support of business expansion, today’s announcement reinforces our commitment to streamlining the company’s cost structure towards the goal of achieving profitability as quickly as possible,” commented Matt Edelman, CEO and President of Super League. “While always challenging to part ways with valued members of our team, these necessary cost reductions taken together with our strategic realignment and industry consolidation trends position us well to capture key long-term growth opportunities inherent in connecting brands with massive consumer audiences through playable media.”

About Super League

Super League (Nasdaq: SLE) is redefining how brands connect with consumers through the power of playable media. The Company provides global brands with ads, content, and experiences that are not only seen - they’re played, felt, and remembered - within mobile games and the world’s largest immersive gaming platforms. Powered by proprietary technology, an award-winning development studio, and a vast network of native creators, Super League is a one-of-a-kind partner for brands looking to stand out in culture, spark loyalty, and drive meaningful impact. In a world where attention is earned, Super League makes brands relevant - by making them playable. For more information, visit .

Investor Relations Contact:

Shannon Devine/ Mark Schwalenberg

MZ North America

Main: 203-741-8811

 



EN
07/05/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Super League Gaming

 PRESS RELEASE

Super League Announces 1-for-40 Reverse Split

Super League Announces 1-for-40 Reverse Split SANTA MONICA, Calif., June 18, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: SLE) (the “Company”), a leader in engaging audiences through playable media, content, and experiences within mobile games and the world’s largest immersive platforms, announced today a reverse stock split of its issued and outstanding shares of common stock, par value $0.001 per share (“Common Stock”), at a ratio of 1-for-40 (the “Reverse Split”). The Reverse Split is expected to become legally effective at 12:01 AM on June 23, 2025 (the “Legal Effective Date”), and the share...

 PRESS RELEASE

Super League President & CEO, Matt Edelman, to Participate in the “202...

Super League President & CEO, Matt Edelman, to Participate in the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow” Virtual Conference Presented by Maxim Group LLC SANTA MONICA, Calif., June 02, 2025 (GLOBE NEWSWIRE) --  (Nasdaq: SLE) (the “Company”), a leader in engaging audiences through playable media, content, and experiences within mobile games and the world’s largest immersive platforms, announced today that Company President & CEO Matt Edelman will participate in a virtual fireside chat hosted by the Maxim Group’s Jack Vander Aarde on Thursday, June 5th at...

 PRESS RELEASE

Super League Enterprise, Inc. Announces Closing of Registered Direct O...

Super League Enterprise, Inc. Announces Closing of Registered Direct Offering SANTA MONICA, Calif., June 02, 2025 (GLOBE NEWSWIRE) --  Super League Enterprise, Inc. (NASDAQ: SLE) (the “Company”), a leader in redefining how brands connect with consumers through the power of playable media, today announced the closing of a registered direct offering with an institutional investor for the purchase and sale of approximately $670,000 of shares of Common Stock and Pre-funded Warrants. The offering consisted of the sale of 5,583,334 shares of Common Stock (or Pre-Funded Units). The public offer...

 PRESS RELEASE

Super League Enterprise, Inc. Announces the Closing of Underwritten Pu...

Super League Enterprise, Inc. Announces the Closing of Underwritten Public Offering SANTA MONICA, Calif., June 02, 2025 (GLOBE NEWSWIRE) -- Super League Enterprise, Inc. (NASDAQ: SLE) (the “Company”), a leader in redefining how brands connect with consumers through the power of playable media, today announced the closing of a firm commitment underwritten public offering with gross proceeds to the Company of approximately $500,000, before deducting underwriting fees and other offering expenses payable by the Company. The offering consisted of 4,166,666 shares of common stock. The public o...

 PRESS RELEASE

Super League Enterprise, Inc. Announces Registered Direct Offering

Super League Enterprise, Inc. Announces Registered Direct Offering SANTA MONICA, Calif., May 30, 2025 (GLOBE NEWSWIRE) --  Super League Enterprise, Inc. (NASDAQ: SLE) (the “Company”), a leader in redefining how brands connect with consumers through the power of playable media, today announced that it has entered into definitive agreements in a registered direct offering with an institutional investor for the purchase and sale of approximately $670,000 of shares of Common Stock and Pre-funded Warrants. The offering consisted of the sale of 5,583,334 shares of Common Stock (or Pre-Funded U...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch