other material
confidence high
sentiment neutral
materiality 0.55
GameStop completes $400M at-the-market equity offering, selling 20M shares
GameStop Corp.
- Sold maximum 20M shares under ATM program for aggregate gross proceeds of approximately $400M.
- Net proceeds to be used for general corporate purposes, including acquisitions and investments.
- Company announced completion on Sept 23, 2024; program was previously disclosed on Sept 10, 2024.