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GameStop (GME) Completes 75 Million Share At-The-Market Equity Offering Program

June 11, 2024 4:30 PM EDT

GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that it has completed its previously disclosed “at-the-market” equity offering program (the “ATM Program”).

GameStop disclosed on June 7, 2024 that it filed a prospectus supplement with the U.S Securities and Exchange Commission to offer and sell up to a maximum amount of 75,000,000 shares of its common stock from time to time through the ATM Program. The Company sold the maximum number of shares registered under the ATM Program for aggregate gross proceeds (before commissions and offering expenses) of approximately $2.137 billion.

GameStop intends to use the net proceeds from the ATM Program for general corporate purposes, which may include acquisitions and investments.



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