GameSquare announces voluntary delisting from TSXV

  • GameSquare (NASDAQ:GAME) has applied for and received conditional approval for a voluntary delisting of its common shares from the TSX Venture Exchange, effective as of the close of trading on or about March 28, 2024.
  • GameSquare delists from TSXV due to the FaZe acquisition, changing shareholder base, and NASDAQ listing, aiming to reduce expenses, improve liquidity, and enhance shareholder value.
  • The delisting from TSXV will not affect the company’s listing on the NASDAQ Capital Market, and GameSquare’s shares will continue to trade on the NASDAQ under the symbol “GAME”.
  • The company also announced that it has received a $1 million further investment in a convertible debenture due to expiry on August 31, 2025, increasing its outstanding principal balance to $2.25 million. The debenture, which accrues 7% interest per year and is convertible into common shares, remains unmodified.

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