Super League Shareholders Approve Share Issuance for Metaplanet Plan

Shareholders of Nasdaq-listed Super League Enterprise, Inc. approved a share issuance tied to Metaplanet, Inc.’s proposed contribution of 2,100 Bitcoin (BTC) and $2.5 million, clearing a required vote before the transaction can close. At the Oct. 16 meeting, shareholders cast 1,055,621 votes for the issuance, 25,314 against and 19,343 abstentions. There were also 316,141 broker non-votes. Nasdaq listing rules required shareholder approval before the proposed issuance; the vote did not approve the transaction agreements themselves. The issuance covers shares under agreements with Metaplanet’s U.S. subsidiary, Metaplanet Holdings, Inc., and Evo Fund.

Source: TokenPost