---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-024565"
form_type: "8-K"
ticker: "GAME"
cik: "0001714562"
company_name: "GameSquare Holdings, Inc."
filed_at: "2024-06-20T23:59:59+00:00"
generated_at: "2026-06-01T03:34:37.588869+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# GameSquare sells 25.5% stake in FaZe Media for $9.5M to entity controlled by FaZe Banks

## Summary
- Purchase price $1.66/share; first tranche of 2,862,500 shares closed June 17, second expected by Aug 15, 2024.
- GameSquare retains voting control for two years and will continue to consolidate FaZe Media's financials.
- Purchaser has option to buy up to 3,230,556 additional shares at fair market value but not less than $2/share.
- FaZe Media had revenue of $30.0M for year ended March 31, 2024; GameSquare also owns 100% of FaZe Esports.
- Proceeds to be used for growth and working capital; GameSquare raised over $36M in non-dilutive capital from recent asset sales.

## SEC filing metadata
- accession: 0001493152-24-024565
- form_type: 8-K
- ticker: GAME
- cik: 0001714562
- company_name: GameSquare Holdings, Inc.
- filed_at: 2024-06-20T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1714562/000149315224024565/0001493152-24-024565-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1714562/000149315224024565/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-024565
- JSON: https://secwatch.observer/filing/0001493152-24-024565.json
- Plain text: https://secwatch.observer/filing/0001493152-24-024565.txt

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