Super League Hands Metaplanet 95.7% Months After Buying Misfits’ Ad Business

Metaplanet, Inc. agreed to buy a controlling stake in Super League Enterprise, Inc., renaming it Superplanet, Inc. and taking the former Nasdaq-listed esports company private after first acquiring most of its ad business tied to Misfits. The deal gives Tokyo-listed Metaplanet majority ownership through a U.S. subsidiary, consolidating Metaplanet’s position in the esports and gaming content market.

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Super League Enterprise, Inc. will be renamed Superplanet, Inc. and become a majority-owned subsidiary of Tokyo-listed Metaplanet, Inc. under a definitive agreement announced Aug. 18, ending the independent public-market life of a company that listed on Nasdaq in 2019 as “a leading amateur esports community and content platform.” Metaplanet, through a wholly owned Florida subsidiary, […]

Curated by Taleb Kabbara · Source: esportsadvocate.net

Companies Mentioned

Super League Enterprise, Inc., Superplanet, Inc., Metaplanet, Inc.

Super League Enterprise, Inc.: Super League Enterprise, Inc. will be renamed Superplanet, Inc. and become a majority-owned subsidiary of Tokyo-listed Metaplanet, Inc.

Superplanet, Inc.: Superplanet, Inc. is the new name for Super League Enterprise, Inc. after the renaming under the agreement with Metaplanet, Inc.

Metaplanet, Inc.: Metaplanet, Inc. is a Tokyo-listed company that will acquire a majority stake in Super League Enterprise, Inc. and own it through a wholly owned Florida subsidiary.

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