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Friday, 05/17/2024 5:54:17 PM

Friday, May 17, 2024 5:54:17 PM

Post# of 23759
Today's Filing: Terms for GameStop's Shareholder Dividend

GameBank ($GME) today announced terms of its coming shareholder dividend via the implementation of its Preferred Stock 'Depositary' Shares . These shares, for each series, will be used for voting and will count as preferred shares. They cannot be sold short. They may be in the form of cash distributions or non-fungible-tokens since GameStop has already created its non-fungible-token website and infrastructure. These depositary shares, for voting purposes, can be voted upon by mail and will have the powers of preferred shareholders.

Holders of GameStop Common stock can receive the depositary shares via Dividend

Today's filings with the SEC reveal substantial information about how GameBank ($GME) can issue its dividend using either cash assets, any legally approved assets, etc.

"This is a watershed moment and is thanks to all of the teamwork by GameStop's board, officers, and employees- all of whom led to the company's current profitability, debt-free stature, and its strong and rapidly-growing cash position."



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