SLESuper League Enterprise, Inc. · Nasdaq Capital Market · $4.76 · $14.32M mkt cap
Assessed Oct 8, 2026 · Float drift
Is the float you're seeing correct?
2.98M
Estimated float

Took the non-affiliate share count stated in the 424B5 Amendment No.

Confirmed · within 9%
2.71M
Reported float

Data-service feed, fetched today. The number TradingView and most screeners show.

Your screener's float is right for SLE. Trade off 2.98M shares. What it does not show you is what is about to be added to it.

Dilution risk6/10ELEVATED
CONFIDENCE: MEDIUM

The float your screener shows is right, at 2.98M. An active $966K ATM, 1 convertible note and 3 reverse splits can add another 185% of the float.

  • ATM draws / serial upsizing. The ATM sold 983,292 shares (about 49% of the 1,997,573 pre-ATM count) in about 6 weeks.

  • Pre-funded warrant overhang. 1,343,016 near-zero-strike pre-funded warrants are economically issued stock and equal about 45% of the tradeable float: Evo 833,334 and Esports Now 509,682.

  • Pending warrant issuance (Evo, contingent). If the Metaplanet deal closes, Evo receives 10M warrants at $3.00-$5.55 with a 2-year term and registration rights, and no lock-up is disclosed.

From today's float to the ceiling

shares
2.98M
Estimated float
tradeable today
+1.34M can sell now
4.32M
Effective supply
float plus what sells on notice
+439.73M if floors are cut and warrants exercise
444.05M
Fully diluted
ceiling

Ceiling computed from the itemised overhang.

Where the shares come from

each subtotal is a rung on the ladder above

Tradeable today
2.98M
Can sell now
Warrants in the money, at or near a zero strike
Exercisable at or below the current tape.
+1.34M
Effective supply
4.32M
Converts only if floors are cut
Preferred stock, as converted
Common equivalent at the stated conversion ratio.
+44.86M
Above the current price
Warrants out of the money
Struck above the current tape; supply only if the stock rises.
+394.41M
Options and RSUs
Employee equity; vests and settles over time.
+461.7K
Fully diluted
444.05M

ATM program active with $966K of registered capacity remaining. Public float is under $75M, so the baby-shelf rule caps primary sales near $4.3M per 12 months; the headline figure is not the near-term supply.

Not counted anywhere: ATM and shelf capacity. Convertible share counts use stated conversion prices.

Engine fully-diluted count (8.33M) is below the itemised overhang; ceiling computed from the rows.

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The facts

Price
$4.76
Market cap
$14.32M
Shares outstanding
3.01M
Reported float
2.71M
Avg volume
124.3K
Reverse splits
3 · latest 1-for-12 · Jan 23, 2026
Going concern
No
Quarterly burn
$2.36M

Market data as of Oct 8, 2026

Key dates

  • Oct 16, 2026 · Annual Meeting vote on the Metaplanet/Evo issuance and Superplanet charter
  • May 1, 2027 · Misfits earnout of up to 105,571 shares/PFWs
  • Oct 22, 2027 · Belleau warrants expire
  • Dec 19, 2027 · Edelman 146,355 RSUs vest