{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-048423","form_type":"8-K","ticker":"GAME","cik":"0001714562","company_name":"GameSquare Holdings, Inc.","filed_at":"2026-10-26T12:00:29+00:00","discovered_at":"2026-10-26T12:05:00.343795+00:00","generated_at":"2026-10-26T12:05:08.442753+00:00","sec_items":["2.01","3.02","5.02","5.07","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"GameSquare closes FanEngine deal, issuing 30% of shares; guides 2027 revenue >$150M, adj EBITDA >$30M","bullets":["Issued 5,439,416 shares to FanEngine securityholders (30% of post-closing outstanding); earnout up to 1,410,218 more shares in two 705,109 tranches.","Cash earnout up to $50M: $0.50 per $1 of net income above $8M for 2027 (max $25M) and above $25M for 2028 (max $25M).","2027 guidance: revenue over $150M, gross margin above 50%, adjusted EBITDA over $30M; 2026 proforma $85M+ revenue, $5M+ EBITDA.","Board expanded to 8 with FanEngine's Marco Baccanello and Benjamin Hugo; stockholders approved 2026 Stock Incentive Plan.","IP includes Peaky Blinders (Q4 2026 launch), Simon's Cat and 15 athletes incl. Ben Stokes; deal approved by stockholders Oct 22, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-048423","json":"https://secwatch.observer/filing/0001493152-26-048423.json","markdown":"https://secwatch.observer/filing/0001493152-26-048423.md","text":"https://secwatch.observer/filing/0001493152-26-048423.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1714562/000149315226048423/0001493152-26-048423-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1714562/000149315226048423/form8-k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-26T12:05:08.442753+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}