Super League Gaming, Inc. (SLGG) Prices 2.27M Share IPO at $11/Sh

February 26, 2019 8:11 AM EST

Super League Gaming, Inc. (NASDAQ: SLGG) announced today the pricing of its initial public offering of 2,272,727 shares of its common stock at a public offering price of $11.00 per share. The shares are expected to begin trading on the Nasdaq Capital Market on February 26, 2019 under the symbol “SLGG.” All of the shares are being offered by the Company. In addition, the Company has offered the underwriters a 30-day option to purchase from the Company up to an additional 340,909 shares of common stock at the initial public offering price, less the underwriting discount, to cover over-allotments, if any. The initial public offering is expected to close on February 28, 2019, subject to customary closing conditions.

The Company expects to use the net proceeds from the offering for working capital and general corporate purposes, including sales and marketing activities, product development and capital expenditures.

Northland Securities, Inc. and Lake Street Capital Markets, LLC are acting as the joint book-running managers and National Securities Corporation is acting as the co-manager for the initial public offering.



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