Replies to post #22366 on Gamestop Corporation (GME)

[Here Today]

That’s correct but you are unfortunately not estimating the $2 - $3 billion more he is currently raising by selling At the Market” the additional 75 million shares. Or did you miscalculate?

[DR_rugby]

As of March 30th

What has happened since ??

Two stock sales ??

933m$
and
an GME Jimmy announcement due
Estimated 2-3.5b$

Expected cash 3.5-5b$ ending June 30th

GLTA

[shamalamadingdong]

On May 24, 2024, GameStop Corp. (the “Company) announced that it has completed its previously disclosed “at-the-market” equity offering program (the “ATM Program”). The Company sold the 45,000,000 shares of its common stock registered under the ATM Program for aggregate gross proceeds (before commissions and offering expenses) of approximately $933.4 million.[ The Company issued a press release announcing the completion of the ATM Program, a copy of which is attached hereto as Exhibit 99.1, and the information in Exhibit 99.1 is incorporated herein by reference

Add $933.4 million t to that $1.083 billion This is not including this new offering of 75 million shares estimated to raise 2 to 3 billion.

https://www.sec.gov/Archives/edgar/data/1326380/000132638024000020/a991atmcompletion125290013.htm