SLE Stock Soars On Investment From Evo Fund, Company Says It Will Be Debt-Free
Evo Fund is a sponsor of digital asset treasury companies, such as Metaplanet Inc., which is the fifth-largest corporate Bitcoin treasury in the world, according to the company.
Super League Enterprise Inc. (SLE) shares skyrocketed over 160% in Tuesday’s midday trade after the company announced an investment from Evo Fund on Monday, during after-market hours.
Super League said the private placement financing is anchored by a $10 million strategic equity investment from Evo Fund. As a result of this investment, the company said it will be debt-free. Evo Fund is a sponsor of digital asset treasury companies, such as Metaplanet Inc., which is the fifth-largest corporate Bitcoin treasury in the world, according to the company.
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