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GameSquare Plans to Raise $70 Million through Rights Issue to Continue Purchasing ETH
Summary: According to reports, NASDAQ-listed company GameSquare Holdings announced plans to issue 46,666,667 common shares to raise $70 million. The company intends to use this funding to increase its ETH holdings. GameSquare CEO Justin Kenna revealed that the offering includes a 15% over-allotment option, which could bring the total proceeds to approximately $80.5 million if fully ...
According to reports, NASDAQ-listed company GameSquare Holdings announced plans to issue 46,666,667 common shares to raise $70 million. The company intends to use this funding to increase its ETH holdings. GameSquare CEO Justin Kenna revealed that the offering includes a 15% over-allotment option, which could bring the total proceeds to approximately $80.5 million if fully exercised. The transactions are expected to be completed around July 18, 2025, subject to customary closing conditions.
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Link: GameSquare Plans to Raise $70 Million through Rights Issue to Continue Purchasing ETH [Copy]
