Item 8.01 Other Events.

On January 11, 2021, Super League Gaming, Inc., a Delaware corporation (the "Company"), entered into securities purchase agreements with a limited number of institutional investors for the registered direct offering of an aggregate of 3,076,924 shares of the Company's common stock, par value $0.001 per share (the "Shares"), at a purchase price of $2.60 per Share (the "Registered Direct Offering"). The Registered Direct Offering closed on January 13, 2021, and resulted in gross proceeds to the Company of $8.0 million.

The Shares were offered by the Company pursuant to an effective shelf registration statement on Form S-3, which was originally filed with the Securities and Exchange Commission on April 10, 2020 (File No. 333-237626). The Company filed a final prospectus supplement in connection with the Registered Direct Offering on January 12, 2021.

In connection with the Registered Direct Offering, the Company is filing the opinion and consent of its counsel, Disclosure Law Group, a Professional Corporation, regarding the validity of the securities being registered as Exhibits 5.1 and 23.1, respectively, hereto.

On January 12, 2021, the Company issued a press release announcing the Registered Direct Offering. A copy of the press release is attached as Exhibit 99.1 hereto.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibit Index




Exhibit No.   Description
  5.1         Opinion of Disclosure Law Group, a Professional Corporation
  23.1        Consent of Disclosure Law Group, a Professional Corporation (included
              in Exhibit 5.1)
  99.1        Press Release issued by Super League Gaming, Inc., dated January 12,
              2021

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