---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-001073"
form_type: "8-K"
ticker: "GAME"
cik: "0001714562"
company_name: "GameSquare Holdings, Inc."
filed_at: "2024-01-04T23:59:59+00:00"
generated_at: "2026-06-07T04:05:54.424365+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# GameSquare sells Frankly radio assets for $3.4M, refinances $5M debenture with $5.8M convertible note

## Summary
- Sold Frankly radio business assets to SoCast for $3.4M; closed Dec 29, 2023, adds non-dilutive capital.
- Retired $5M convertible debenture (due Feb 2024); replaced with $5.8M convertible note at 12.75%, 2-year term.
- New note convertible at holder's option into GameSquare common shares at $5.00 per share.
- Sale price ~1.8x trailing 12-month sales vs. GameSquare's market cap at ~0.4x trailing sales.

## SEC filing metadata
- accession: 0001493152-24-001073
- form_type: 8-K
- ticker: GAME
- cik: 0001714562
- company_name: GameSquare Holdings, Inc.
- filed_at: 2024-01-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1714562/000149315224001073/0001493152-24-001073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1714562/000149315224001073/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-001073
- JSON: https://secwatch.observer/filing/0001493152-24-001073.json
- Plain text: https://secwatch.observer/filing/0001493152-24-001073.txt

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