GameStop Corp. announced on October 8, 2025 that it will distribute warrants to its shareholders and holders of its 0.00% Convertible Senior Notes due 2030 and 2032. The distribution will take place on Tuesday, October 7, 2025, and is based on a record date of October 3, 2025. Shareholders will receive one warrant for every ten shares of common stock held, rounded down to the nearest whole warrant.
Holders of the 2030 and 2032 convertible notes will receive warrants on an as‑converted basis, using the same one‑for‑ten ratio. Each warrant gives the holder the right to purchase one share of GameStop common stock at a cash exercise price of $32.00. The warrants will be exercisable for cash after the distribution date, in accordance with the terms of the warrant agreement filed with the SEC on October 6, 2025.
The warrants will expire at 5:00 p.m. New York City time on October 30, 2026. This distribution is part of the warrant dividend that GameStop announced earlier in September, and it provides shareholders with an additional equity instrument that can be exercised at a fixed price.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.