---
schema_version: "secwatch.filing_event.v1"
accession: "0001326380-25-000055"
form_type: "8-K"
ticker: "GME"
cik: "0001326380"
company_name: "GameStop Corp."
filed_at: "2025-06-17T23:59:59+00:00"
generated_at: "2026-05-19T04:23:23.944561+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# GameStop raises $2.23B net from upsized $2.25B zero-coupon convertible note offering

## Summary
- Completed $2.25B aggregate principal of 0.00% Convertible Senior Notes due 2032; net proceeds ~$2.23B after discounts and expenses.
- Initial conversion price ~$28.91/share (32.5% premium to June 12 VWAP); conversion rate 34.5872 shares per $1,000 principal.
- Notes mature June 15, 2032; no regular interest; redeemable after June 20, 2029 if stock price ≥130% of conversion price.
- Holders may require repurchase on Dec 15, 2028 or upon fundamental change; initial purchaser option for additional $450M.
- Proceeds for general corporate purposes, investments per Investment Policy, and potential acquisitions.

## SEC filing metadata
- accession: 0001326380-25-000055
- form_type: 8-K
- ticker: GME
- cik: 0001326380
- company_name: GameStop Corp.
- filed_at: 2025-06-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1326380/000132638025000055/0001326380-25-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326380/000132638025000055/gme-20250611.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001326380-25-000055
- JSON: https://secwatch.observer/filing/0001326380-25-000055.json
- Plain text: https://secwatch.observer/filing/0001326380-25-000055.txt

## Key facts
- Debt Financings
  GameStop Corp. incurred convertible notes of $2.25 billion aggregate principal amount with initial purchaser at 0.00% maturing June 15, 2032.
  - Instrument: convertible notes
  - Principal: $2.25 billion aggregate principal amount
  - Counterparty: initial purchaser
  - Rate: 0.00%
  - Maturity: June 15, 2032
  - Event: incurrence
  source text: On June 17, 2025, GameStop Corp. (the “Company”) completed its previously announced private offering (the “Offering”) of $2.25 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2032 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1326380/000132638025000055/0001326380-25-000055-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.