Super League Enterprise has raised approximately $2.23 million in gross proceeds through its first at-the-market offering since announcing a proposed transaction with Metaplanet. The Nasdaq-listed company sold 475,598 shares and amended the program to make another $2.27 million of common stock available, potentially bringing total proceeds to about $4.5 million if the additional allocation is fully sold. Metaplanet plans to contribute 2,100 BTC and $2.5 million for a controlling interest valued at approximately $134.6 million. The transaction is expected to close in the fourth quarter of 2026, subject to shareholder, Nasdaq and other regulatory requirements, after which Super League is expected to become Superplanet and retain its Nasdaq listing as a US Bitcoin treasury platform.