other material
confidence high
sentiment neutral
materiality 0.50
Embracer Group prices secondary offering of 2.83M TTWO shares at $154.50 each
TAKE TWO INTERACTIVE SOFTWARE INC
- 2,830,084 shares sold by Embracer Group at $154.50 per share; Take-Two receives no proceeds.
- Shares were issued to Embracer on June 11, 2024 upon closing of Gearbox acquisition.
- Offering expected to close June 14, 2024; Goldman Sachs is sole underwriter.
- Offering made under effective shelf registration statement filed June 11, 2024.