Mentioned in this article Games: Clash Royale, League of Legends

Super League Gaming has filed for an IPO under the symbol “SLGG.”

The amateur esports community platform listed a maximum offering price of $25M USD.

Book-runners for the IPO would be Northland Capital Markets and Lake Street.

Amateur esports organizer Super League Gaming on Friday filed a registration with the U.S. Securities and Exchange Commission for an initial public offering.

The registration lists $25M as the placeholder for a maximum offering price, and they have applied to be traded under the stock ticker SLGG on the Nasdaq Capital Market. Book-runners for the IPO would be Northland Capital Markets and Lake Street.

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[perfectpullquote align=”right” cite=”” link=”” color=”” class=”” size=””]The first nine months of 2018 saw the company turn its first profit with earnings of $265K.[/perfectpullquote]

The California-based organizer was founded in 2014, and specializes in organizing community events and content for amateur gamers in a way that makes them feel comparable to competitors in the professional scene. The company partners with movie theater venues to host a range of locally run competitions and city-based leagues. Super League has sixteen city clubs across four U.S. regions, and they operate with licensing deals for titles like League of Legends , Minecraft, and Clash Royale .

Last year was a pivotal year for the organizer as it expanded into four new cities, debuted an original content channel and studio, and added Logitech G as sponsor.