GameSquare Plans to Raise $70.00 Million in Share Placement to Continue Purchasing ETH
July 17 (UTC+8), Nasdaq-listed GameSquare Holdings announced its intention to issue 46,666,667 common shares to raise $70,000,000. The company plans to use the funds to increase its $ETH holdings. GameSquare CEO Justin Kenna revealed that the offering includes a 15% over-allotment option, and if fully exercised, the total funds raised will reach approximately $80,500,000. The related transaction is expected to be completed around July 18, 2025, but is subject to customary closing conditions. (Source: Odaily) [MetaEra]
GameSquare Plans to Raise $70.00 Million in Share Placement to Continue Purchasing ETH
July 17 (UTC+8), Nasdaq-listed GameSquare Holdings announced its intention to issue 46,666,667 common shares to raise $70,000,000. The company plans to use the funds to increase its ETH holdings. GameSquare CEO Justin Kenna revealed that the offering includes a 15% over-allotment option, and if fully exercised, the total funds raised will reach approximately $80,500,000. The related transaction is expected to be completed around July 18, 2025, but is subject to customary closing conditions. (Source: Odaily) [MetaEra]
