---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-008697"
form_type: "8-K"
ticker: "GAME"
cik: "0001714562"
company_name: "GameSquare Holdings, Inc."
filed_at: "2024-03-04T23:59:59+00:00"
generated_at: "2026-06-05T04:47:52.456444+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# GameSquare sells Complexity Gaming to founder-led group for $10.36M

## Summary
- Total consideration $10.36M; $0.75M cash at closing, $9.61M seller note due in 36 months at 3% interest.
- Sale includes Complexity assets and IP; part of asset optimization ahead of pending FaZe Holdings acquisition.
- GameSquare earns 50% of any equity raised by Global Esports above $500k, credited against note principal.
- Transaction subject to TSXV approval; CEO notes Complexity sales grew 175% from 2021 to 2022 under GameSquare.

## SEC filing metadata
- accession: 0001493152-24-008697
- form_type: 8-K
- ticker: GAME
- cik: 0001714562
- company_name: GameSquare Holdings, Inc.
- filed_at: 2024-03-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1714562/000149315224008697/0001493152-24-008697-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1714562/000149315224008697/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-008697
- JSON: https://secwatch.observer/filing/0001493152-24-008697.json
- Plain text: https://secwatch.observer/filing/0001493152-24-008697.txt

## Key facts
- Material Agreements
  GameSquare Holdings, Inc. entered into Membership Interest Purchase Agreement with Global Esports Properties, LLC valued at $10,360,000 (effective 2024-03-01).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Global Esports Properties, LLC
  - Value: $10,360,000
  - Effective: 2024-03-01
  source text: On March 1, 2024, Global Esports Properties, LLC, a Delaware limited liability company (“Buyer”), GameSquare Esports (USA), Inc., a Nevada corporation (“Seller”) and sole member of NextGen Tech, LLC, a Texas limited liability company doing business as Complexity Gaming, and GameSquare Holdings, Inc., a corporation formed under the laws of the province of Ontario (“Beneficial Owner”) (together, the “Parties”) entered into a Membership Interest Purchase Agreement (the “MIPA”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1714562/000149315224008697/0001493152-24-008697-index.htm

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