The program, previously disclosed, involved the sale of 45 million shares, allowing the company to raise approximately $933.4 million before commissions and offering expenses.The ATM Program was initially disclosed by GameStop on May 17, 2024, when the company filed a prospectus supplement with the U.S. Securities and Exchange Commission.
This filing stated GameStop's intention to offer and sell up to 45,000,000 shares of its common stock over time. GameStop has specified that the net proceeds will be used for general corporate purposes. including potential acquisitions and investments.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
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