Super League Gaming: $25 million esports IPO gets a cool reception

Super League Gaming raised $25 million in an initial public offering on Nasdaq. But shares in the opening round have fallen 12.3 percent from $11 a share to $9.64 a share.

That’s a pretty poor reception, and it suggests that Super League Gaming isn’t going to defy gravity. The IPO market for tech companies has been weak for the past four months, thanks in part to trade and economic jitters. While most startups in gaming and esports have opted to raise venture funding, Super League Gaming went straight for the IPO, even though it is a young company started in 2014.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.