GameStop launches up to 20M share ATM offering; prior sales raised $3.1B

GameStop Corp.

New ATM offering of up to 20M Class A common shares filed via prospectus supplement with Jefferies as agent.
Prior sales under May 2024 agreement totaled 120M shares, generating ~$3.1B gross proceeds.
Net proceeds to be used for general corporate purposes, including acquisitions and investments.
Jefferies receives up to 1.5% commission on shares sold; offering can be suspended at any time.

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