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SLE SCHEDULE 13D: Activist campaign

Filed with the SEC on · accession 0001437749-26-028667

SLE filed a SCHEDULE 13D (schedule 13d) with the SEC on Aug 20, 2026. A report the company filed with the SEC (the US market regulator). The stock moved +3.9% by the first close after the filing.

Summary of the filing

Evo Fund, Evo Capital Investments LLC, Evo Capital Management LLC, and Michael Lerch filed a joint Schedule 13D regarding their position in Super League Enterprise, Inc. The filing indicates a group with potential activist intent, though specific plans are not detailed in this exhibit.

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Key details

FilerEvo Fund
FilerEvo Capital Investments LLC
FilerEvo Capital Management LLC
Subject companySuper League Enterprise, Inc.
Director of evo fund; managing member of evo capital investments llc and evo capital management llcMichael Lerch

How SLE stock reacted

Close before

$4.12

Aug 19, 2026

First close after

+3.88%

$4.28

5 trading days

-5.46%

$3.90

Since filing

+4.73%

$4.32

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Frequently asked questions

What did SLE file with the SEC on Aug 20, 2026?

SLE filed a SCHEDULE 13D (Activist campaign). Evo Fund, Evo Capital Investments LLC, Evo Capital Management LLC, and Michael Lerch filed a joint Schedule 13D regarding their position in Super League Enterprise, Inc. The filing indicates a group with potential activist intent, though specific plans are not detailed in this exhibit.

What does a activist campaign mean for SLE stock?

A settlement removes uncertainty; the stock often reacts to whether the amount is bigger or smaller than investors expected.

How do I read a SCHEDULE 13D?

A report the company filed with the SEC (the US market regulator). Start with the summary, then the key amounts and names. Compare it with the company’s earlier filings.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A SCHEDULE 13D (schedule 13d): A report the company filed with the SEC (the US market regulator).

How did SLE stock react to this filing?

SLE closed at $4.12 before the filing and $4.28 on Aug 20, 2026 (+3.88%). Five trading days later: $3.90 (-5.46%).

Other SLE SEC filings

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