GameSquare Holdings suspends at-the-market offering prospectus

Published 07/07/2025, 22:38
GameSquare Holdings suspends at-the-market offering prospectus

GameSquare Holdings, Inc. (NASDAQ:GAME), currently trading at $0.97 with a market capitalization of approximately $38 million, announced Monday that it has suspended and terminated its at-the-market (ATM) offering prospectus supplement, dated June 27, 2025. The notice was delivered to ThinkEquity LLC, the agent for the ATM program.

According to the company’s statement in a Securities and Exchange Commission filing, GameSquare will not make any sales of its common stock under the existing Sales Agreement with ThinkEquity unless a new prospectus or prospectus supplement is filed with the SEC. The Sales Agreement itself, which was executed on June 27, 2025, remains in effect.

The company’s common stock is listed on The Nasdaq Stock Market LLC under the symbol GAME. GameSquare Holdings is incorporated in Delaware and has its principal executive offices in Frisco, Texas.

This information is based on a press release statement provided in the company’s SEC filing.

In other recent news, GameSquare Holdings, Inc. announced plans for an underwritten public offering of common stock and equivalents, subject to market conditions. Lucid (NASDAQ:LCID) Capital Markets will manage the offering, which is filed under a registration statement with the SEC. In a strategic move, GameSquare partnered with Dialectic to implement an Ethereum-native yield strategy aimed at generating yields significantly higher than current ETH staking benchmarks. This initiative will involve contributions from Dialectic founder Ryan Zurrer and Goff Capital’s Rhydon Lee to the advisory committee.

GameSquare Media, a division of GameSquare Holdings, launched a unified gaming ad platform to enhance targeted advertising services for gaming-focused publishers. This move includes a collaboration with Esports.gg, expanding their programmatic advertising offerings. Additionally, GameSquare is facing a potential delisting from Nasdaq due to non-compliance with the minimum bid price requirement but has been granted an extension until October 2025 to address this. The company also reached a settlement in a class action lawsuit related to its acquisition of FaZe Holdings, agreeing to a combined settlement of $1,050,000 in cash and stock.

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