Super League Gaming, Inc.’s $25 Million Initial Public Offering


FaegreBD represented the underwriters in the $25 million initial public offering of Super League Gaming, Inc. Super League Gaming sold 2.3 million shares at $11.00. The shares began trading on the Nasdaq Capital Market on February 26, 2019 under the symbol “SLGG.”

Super League is a preeminent and unifying community for amateur esports players. Through premium in-person and digital events and leagues featuring top-tier games such as League of Legends, Minecraft and Clash Royale, Super League provides competitive video gamers with opportunities to experience their sport like the pros within a social environment that fosters positive communication, good sportsmanship and teamwork. Super League’s proprietary technology platform transforms local movie theaters, PC cafes and restaurant and retail venues into esports arenas, facilitating critical components of successful competitions such as player match-making, tournament operations, data visualization, and local and national live broadcasts, all across a wide variety of competitive formats.

Northland Securities, Inc. and Lake Street Capital Markets, LLC acted as the joint book-running managers and National Securities Corporation acted as the co-manager for the initial public offering. This was FaegreBD’s first deal for Lake Street Capital Markets.

FaegreBD represented the underwriters with Jonathan Zimmerman (Picture) , Ben Stacke, Ryan Woessner and Sarah Bartlett.

Involved fees earner: Sarah Bartlett – Faegre Baker Daniels; Ben Stacke – Faegre Baker Daniels; Ryan Woessner – Faegre Baker Daniels; Jonathan Zimmerman – Faegre Baker Daniels;

Law Firms: Faegre Baker Daniels;

Clients: Lake Street Capital Markets LLC; Northland Securities, Inc.;

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Author: Ambrogio Visconti