From TokenPost · · 40s
Super League Shares Approve Bitcoin Deal
Super League shareholders approved a deal giving Metaplanet 2,100 Bitcoin and $2.5 million.
In brief
Super League shareholders approved a deal giving Metaplanet 2,100 Bitcoin and $2.5 million. Super League shareholders approved a deal for Metaplanet to contribute 2,100 Bitcoin and $2.5 million at closing. Originally reported by TokenPost.
Super League Shareholders
Super League shareholders approved a deal under which Metaplanet would contribute 2,100 Bitcoin (BTC) and $2.5 million at closing.
Metaplanet Contribution
Metaplanet would contribute the Bitcoin and cash at closing in return for 44.86 million common shares, strategic alliance preferred shares, and warrants.
Post-Closing Changes
After closing, Super League would be renamed Superplanet with ticker SLE changing to SUPA, giving Metaplanet a U.S.-listed Bitcoin treasury platform.
The key point
Super League shareholders approved a deal for Metaplanet to contribute 2,100 Bitcoin and $2.5 million at closing.
