Super League Announces $1 Million Registered Direct Investment From Infinite Reality
25 Octobre 2024 - 2:00PM
Super League Enterprise, Inc.
(Nasdaq: SLE), a global leader in redefining the gaming industry as
a media channel, announced today that Infinite Reality (iR), an
innovation company powering the next generation of digital media
and e-commerce through artificial intelligence (AI), spatial
computing, extended reality (XR), and other immersive technologies,
has made a $1 million registered direct investment in Super League.
Ann Hand, Chair and CEO of Super League,
commented, “We are thrilled to build upon our already strong
relationship with the Infinite Reality team and receive this
additional vote of confidence and direct investment into Super
League. As we enter this strategic partnership with Infinite
Reality, we are excited to leverage the components of our
respective businesses to provide a unique blend of technologies
that broaden our portfolio of audience-based assets.”
“Our $1 million investment in Super League was
the next logical strategic step in solidifying our commitment in
fortifying our partnership,” said John Acunto, co-founder and CEO
of Infinite Reality.
About Super LeagueSuper League
(Nasdaq: SLE) is redefining the gaming industry as a media channel
for global brands. As a leading end-to-end immersive content
partner, Super League enables marketers, advertisers, and IP owners
to reach massive audiences through creativity, innovation, and
gameplay within the world’s largest immersive platforms. Boasting
an award-winning development studio, a vast community of native
creators, and a proprietary suite of tools that maximize user
engagement, Super League is a one-of-a-kind holistic solutions
provider. Whether a partner is focused on building a world-class
creative experience, achieving a lift in brand awareness, inspiring
deeper customer loyalty, or finding new sources of revenue, Super
League is at the forefront – always pioneering within immersive
worlds. For more information, visit superleague.com.
About Infinite RealityInfinite
Reality (iR)™ is an innovation company powering the next generation
of digital media, commerce, and community through AI, spatial
computing, and other immersive technologies. iR’s suite of
cutting-edge software, production, marketing services, and other
capabilities empower brands and creators to craft inventive digital
experiences that uplevel audience engagement, data ownership,
monetization, and brand health metrics. The company is backed by an
impressive roster of investors including RSE Ventures, Liberty
Media, Lux Capital, Lerer Hippeau, MGM, CAA, T-Mobile Ventures,
Courtside VC, Exor, Terracap, IAC, Live Nation, as well as notable
individuals such as Steve Aoki, Imagine Dragons, and NBA player
Rudy Gobert. For more information, visit
theinfinitereality.com.
Contact:Infinite
Realitypress@theinfinitereality.com
Super
Leaguepress@superleague.com
Investor Relations
Contact:Shannon Devine/ Mark SchwalenbergMZ North
AmericaMain: 203-741-8811SLE@mzgroup.us
Forward Looking
StatementsStatements in this press release that are not
strictly historical are “forward-looking” statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
These statements involve substantial risks, uncertainties and
assumptions that could cause actual results to differ materially
from those expressed or implied by such statements. Forward-looking
statements in this communication include, among other things,
statements about Super League’s growth strategies, the ability to
actualize the benefits of the transaction with Infinite Reality,
our possible or assumed business strategies, new products,
potential market opportunities and our ability to secure adequate
working capital. Risks and uncertainties include, among other
things, our ability to implement our plans, forecasts and other
expectations with respect to our business; our ability to realize
the anticipated benefits of the transaction with Infinite Reality,
including the possibility that the expected benefits, particularly
from both acquisitions made and contracts entered into with
Infinite Reality, will not be realized or will not be realized
within the expected time period; the ability to obtain the approval
of both the preferred stockholders and the common stockholders to
approve the transactions with Infinite Reality; unknown liabilities
that may or may not be within our control; attracting new customers
and maintaining and expanding our existing customer base; our
ability to scale and update our platform to respond to customers’
needs and rapid technological change; increased competition in our
market and our ability to compete effectively; and expansion of our
operations and increased adoption of our platform internationally.
Additional risks and uncertainties that could affect our financial
condition and operating results will be included in the section
titled “Risk Factors” and “Management’s Discussion and Analysis of
Financial Condition and Results of Operations” in our Annual Report
on Form 10-K for the year ended December 31, 2023 and other filings
that we make from time to time with the Securities and Exchange
Commission (the “SEC”) which, once filed, are available on the
SEC’s website at www.sec.gov. In addition, any forward-looking
statements contained in this communication are based on assumptions
that we believe to be reasonable as of this date. Except as
required by law, we assume no obligation to update these
forward-looking statements, or to update the reasons if actual
results differ materially from those anticipated in the
forward-looking statements.
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