GameStop Raises $933.4M from ATM Offering
DENVER, Colo., May 28, 2024 (247marketnews.com)- GameStop Corp. (NYSE:GME) stated that it completed its “at-the-market” equity offering, which the Company disclosed on May 17, 2024 that it would sell up to a maximum amount of 45,000,000 shares of its common stock, for aggregate gross proceeds of approximately $933.4 million, before commissions and offering expenses.
GameStop plans to use the ATM Program funds for general corporate purposes, which may include acquisitions and investments.
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