[PRESS RELEASE – FRISCO, TX, United States of America, July 10th, 2025]
1,818.84 Ethereum Acquired at a Weighted Common Value of $2,749 per Ethereum
Over-Allotment Possibility Exercised, Bringing Complete Gross Proceeds to $9.2 Million from Latest Providing
GameSquare Holdings, Inc. (Nasdaq: GAME) (the “Firm” or “GameSquare”) a next-generation media, leisure, and expertise firm, at the moment introduced it has accomplished a $5 million buy of Ethereum (ETH), buying roughly 1,818.84 ETH at a weighted common worth of $2,749 per ETH. This marks the primary deployment underneath the Firm’s $100 million Ethereum treasury authorization, geared toward constructing a differentiated, crypto-native treasury administration technique.
“This marks an inflection level in GameSquare’s strategic evolution as we activate our Ethereum-native treasury technique,” mentioned Justin Kenna, CEO of GameSquare. “In partnership with Dialectic and Ryan Zurrer, we’re leveraging Medici, Dialectic’s proprietary platform that mixes machine studying, automated optimization, and multi-layered danger controls, to focus on best-in-class risk-adjusted yields of 8–14%, nicely above present staking benchmarks of three–4%.”
The Firm’s ETH-focused treasury program is designed to generate sustainable, risk-adjusted yield by decentralized finance protocols and Ethereum ecosystem property. Medici’s platform is thought for its superior danger administration and efficiency monitoring, making it a robust basis for scalable treasury deployment.
As well as, GameSquare introduced that Lucid Capital Markets, sole book-running supervisor for the Firm’s beforehand introduced underwritten public providing, has exercised its full over-allotment possibility. Lucid bought a further 1,263,157 shares (or frequent inventory equivalents) on the public providing worth, much less underwriting reductions and commissions. This brings complete gross proceeds from the providing to roughly $9.2 million, together with $1.2 million from the over-allotment train, previous to deducting offering-related bills.
“We’re inspired by the help from a high-caliber group of traders and decentralized finance leaders who share our long-term imaginative and prescient. With a $100 million ETH authorization in place and momentum constructing, we’re dedicated to executing a disciplined, forward-looking technique,” concluded Mr. Kenna.
As soon as totally carried out, GameSquare expects to allocate capital generated from this technique to help further ETH asset purchases, fund a possible share repurchase program or reinvest within the Firm’s progress initiatives.
About GameSquare Holdings, Inc.
GameSquare’s (NASDAQ: GAME) mission is to revolutionize the best way manufacturers and sport publishers join with hard-to-reach Gen Z, Gen Alpha, and Millennial audiences. Our subsequent technology media, leisure, and expertise capabilities drive compelling outcomes for creators and maximize our model companions’ return on funding. Via our purpose-built platform, we offer award profitable advertising and marketing and inventive providers, supply main knowledge and analytics options, and amplify consciousness by FaZe Clan Esports, one of the outstanding and influential gaming organizations on the earth. With one of many largest gaming media networks in North America, as verified by Comscore, we’re reshaping the panorama of digital media and immersive leisure.
To be taught extra, customers go to www.gamesquare.com.
Ahead-Wanting Statements:
This information launch comprises “forward-looking info” and “forward-looking statements” (collectively, “forward- wanting statements”) inside the which means of the relevant securities laws. All statements, apart from statements of historic truth, are forward-looking statements and are based mostly on expectations, estimates and projections as on the date of this information launch. Any assertion that includes discussions with respect to predictions, expectations, beliefs, plans, projections, aims, assumptions, future occasions or efficiency (typically however not all the time utilizing phrases comparable to “expects”, or “doesn’t anticipate”, “is predicted”, “anticipates” or “doesn’t anticipate”, “plans”, “finances”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such phrases and phrases or stating that sure actions, occasions or outcomes “could” or “may”, “would”, “may” or “will” be taken to happen or be achieved) will not be statements of historic truth and could also be forward-looking statements. On this information launch, forward-looking statements relate, amongst different issues, to: the Firm’s future efficiency, income, progress and profitability; and the Firm’s capacity to execute on its present and future enterprise plans. These forward-looking statements are supplied solely to supply info at present obtainable to us and will not be supposed to function and should not be relied on by any investor as, a assure, assurance or definitive assertion of truth or likelihood. Ahead-looking statements are essentially based mostly upon various estimates and assumptions which embody, however will not be restricted to: the Firm’s capacity to develop its enterprise and having the ability to execute on its enterprise plans, the success of Firm’s distributors and companions of their provision of providers to the Firm, the Firm having the ability to acknowledge and capitalize on alternatives and the Firm persevering with to draw certified personnel to helps its growth necessities. These assumptions, whereas thought of affordable, are topic to identified and unknown dangers, uncertainties, and different elements which can trigger the precise outcomes and future occasions to vary materially from these expressed or implied by such forward-looking statements. Such elements embody, however will not be restricted to: the Firm’s capacity to realize its aims, the Firm efficiently executing its progress technique, the power of the Firm to acquire future financings or full choices on acceptable phrases, failure to leverage the Firm’s portfolio throughout leisure and media platforms, dependence on the Firm’s key personnel and common enterprise, financial, aggressive, political and social uncertainties. These danger elements will not be supposed to symbolize a whole checklist of the elements that would have an effect on the Firm that are mentioned within the Firm’s most up-to-date MD&A. There might be no assurance that forward-looking statements will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such statements. Accordingly, readers mustn’t place undue reliance on the forward-looking statements and knowledge contained on this information launch. GameSquare assumes no obligation to replace the forward-looking statements of beliefs, opinions, projections, or different elements, ought to they alter, besides as required by regulation.
GameSquare Company Contact
Lou Schwartz, President
Cellphone: (216) 464-6400 E-mail:
ir@gamesquare.com
GameSquare Investor Relations
Andrew Berger
Cellphone: (216) 464-6400
E-mail: ir@gamesquare.com
GameSquare Media Relations
Chelsey Northern / The Untold
Cellphone: (254) 855-4028
E-mail: pr@gamesquare.com
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