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FRISCO, TX - GameSquare Holdings, Inc. (NASDAQ:GAME), a $108 million market cap gaming company, has regained compliance with Nasdaq’s minimum bid price requirement, the company announced Friday.
The gaming and media company received formal written confirmation from Nasdaq that it had met the requirement to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days. GameSquare’s shares maintained the required price from July 8 to July 21, 2025, according to the company’s press release. The stock, currently trading at $1.14, has shown strong momentum with a 37% gain year-to-date, despite a recent 26% decline over the past week.
Nasdaq Listing Qualifications Staff has notified GameSquare that it has regained compliance with Nasdaq Listing Rule 5550(a)(2) and the matter is now closed.
GameSquare describes itself as a media, entertainment, and technology company focused on connecting brands and publishers with younger audiences. The company operates FaZe Clan, a gaming organization, and provides creative services and analytics as part of what it calls "one of the largest gaming media networks in North America." With annual revenue of nearly $100 million and a gross profit margin of 15%, the company shows growth potential. According to InvestingPro analysis, the stock appears slightly undervalued based on its Fair Value model.
The company also operates a blockchain-native Ethereum treasury management program designed to generate yield through cryptocurrency operations.
Companies listed on Nasdaq must maintain certain minimum requirements, including share price thresholds, to remain on the exchange. Failure to meet these requirements can lead to delisting proceedings, which GameSquare has now successfully addressed by bringing its share price back into compliance.
In other recent news, GameSquare Holdings, Inc. announced the pricing of a $70 million public offering of common stock, with plans to use the proceeds to bolster its Ethereum holdings as part of its treasury strategy. The offering has a potential overallotment option that could increase the total raise to approximately $80.5 million. This move follows GameSquare’s recent expansion of its crypto treasury program to $250 million, with the company currently holding approximately 10,170.74 ETH valued at around $38 million. Additionally, GameSquare made its first direct NFT investment by acquiring a rare "Cowboy Ape" CryptoPunk NFT for $5.15 million in preferred stock. The NFT purchase is part of the company’s blockchain treasury strategy, aiming for 6-10% annualized stablecoin returns. Lucid Capital Markets is acting as the sole book-running manager for the public offering, which is subject to market conditions with no assurance on its final terms.
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