PANews, July 17 - Nasdaq-listed company Game Square Holdings announced a plan to issue 46,666,667 shares of common stock to raise $70 million. The company plans to use these funds to increase its ETH holdings. GameSquare CEO Justin Kenna disclosed that the issuance includes a 15% overallotment, and if fully exercised, the total funds raised will reach approximately $80.5 million. The related transaction is expected to be completed around July 18, 2025, subject to customary closing conditions.
