GameStop enters ATM equity offering agreement to sell up to 45M shares via Jefferies

GameStop Corp.

May sell up to 45,000,000 Class A common shares through Jefferies as sales agent.
Commission capped at 1.5% of gross proceeds; sales may be suspended at any time.
Proceeds earmarked for general corporate purposes, including acquisitions and investments.
Sales Agreement terminates upon sale of all shares or ten days' notice by either party.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

GameStop Corp. entered into Open Market Sale Agreement with Jefferies LLC (effective 2024-05-17).

Action: entry
Agreement: atm program
Counterparty: Jefferies LLC
Effective: 2024-05-17

Exact text from the filing

On May 17, 2024, GameStop Corp., a Delaware corporation (the “Company”), entered into an Open Market Sale Agreement SM (the “Sales Agreement”) with Jefferies LLC (the “Sales Agent”) providing for the sale by the Company of shares of its Class A common stock

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284 material agreements filed in the last 30 days. Browse all material agreements →

GameStop Corp. filing history →

Source: SEC EDGAR

accession 0001193125-24-141214

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