Extra 75,000,000 shares coming to the Market at Open, very bullish! 48,000,000 only dropped it to $20, 75,000,000 extra means $17?
$GME
- Thread starter Moebius
- Start date
The Apes on Reddit say more dilution attacks the shorts, can anyone explain?
Why did Ryan Cohen announce earnings today and is holding a CC? Tuesday was the release date and he never holds CCs. Weird that he would front running Kitty or they in on it together?
Do you have a source for a conference call? The news release specifically states "The Company will not be holding a conference call today. "
exhibit 99.1 (press release) from 8-k discussing Q1 results
https://www.sec.gov/Archives/edgar/data/1326380/000119312524156615/d614611dex991.htm
Prospectus supplement 424B5
Friday 7 June 2024
https://www.sec.gov/Archives/edgar/data/1326380/000119312524156636/d614527d424b5.htm
May 2024
We have previously sold an aggregate of 45,000,000 shares of our common stock for aggregate gross proceeds of approximately $933.4 million pursuant to the Sales Agreement and the prospectus supplement filed by us on May 17, 2024.
New at-the-market programme
Under this prospectus supplement and the accompanying prospectus, and in accordance with the terms of the Sales Agreement, we may offer and sell up to an additional 75,000,000 shares of our common stock from and after the date hereof.
Share count
existing shares outstanding: 351,217,517 shares
assuming sales of 75,000,000 shares of common stock, the new shares outstanding would be
426,217,517 shares
Friday 7 June 2024
https://www.sec.gov/Archives/edgar/data/1326380/000119312524156636/d614527d424b5.htm
May 2024
We have previously sold an aggregate of 45,000,000 shares of our common stock for aggregate gross proceeds of approximately $933.4 million pursuant to the Sales Agreement and the prospectus supplement filed by us on May 17, 2024.
New at-the-market programme
Under this prospectus supplement and the accompanying prospectus, and in accordance with the terms of the Sales Agreement, we may offer and sell up to an additional 75,000,000 shares of our common stock from and after the date hereof.
Share count
existing shares outstanding: 351,217,517 shares
assuming sales of 75,000,000 shares of common stock, the new shares outstanding would be
426,217,517 shares
I fell for a fake news release on a Asia site, no CC.
Sounds like cope. Unless it's a long-term view that GameStop is building a warchest.
They've taken the Sentiment crown from NVDA
https://chartexchange.com/trends/reddit/mentions/cx-all/?timeframe=7d
September 10, 2024 10-Q
Number of shares of $.001 par value Class A Common Stock outstanding as of September 4, 2024: 426,509,592
September 10, 2024 1Prospectus supplement 424B5
New at-the-market programme
Under this prospectus supplement and the accompanying prospectus, and in accordance with the terms of the Sales Agreement, we may offer and sell up to an additional 20,000,000 shares of our common stock from and after the date hereof.
Common stock to be outstanding immediately after this offering:
446,509,592 shares
assuming sales of 20,000,000 shares of our common stock in this offering
That’s great news! More dilution kicks ass!
