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GameStop Corp. offers games and entertainment products through its stores and e-commerce platforms. The Company operates in four geographic segments: United States, Canada, Australia and Europe. Each segment consists primarily of retail operations, with the significant majority focused on games, entertainment products and technology. The Company has a total of approximately 4,169 stores across... see more

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GameStop Corp > GameStop Announces ATM Financing Capped At $1.0 Billion And

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Post by AwareInvestor on Apr 05, 2021 7:32am

GameStop Announces ATM Financing Capped At $1.0 Billion And

It may have taken far longer than anyone anticipated, but GameStop Corp, whom has been the focus of WallStreetBets for months now, has finally announced it will be raising money. The company this morning announced an at-the-market financing that will be capped at a total of 3.5 million shares.

https://thedeepdive.ca/gamestop-announces-atm-financing-capped-at-1-0-billion-and-3-5-million-shares/

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Comment by Outlander1 on Apr 06, 2021 9:18am

This is not a given! They have just announced they may from time to time sell the lesser of 3.5 million shares or 1 billion dollars worth. They have had the option to do so prior to this and sold zero when the price was much higher. This report is skewed to make people think there is dilution!

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