GameStop has successfully raised approximately $2.14 billion through an at-the-market equity offering, selling 75 million shares at an average price of around $28.50 each. This move comes amid a rally in the company's stock, largely driven by retail investors and the return of Keith Gill, also known as Roaring Kitty, to social media platforms such as YouTube, Reddit, and X. The company has now raised over $3 billion in the past month through various share sales, capitalizing on the heightened interest from the meme-stock community. The total amount raised from the latest sale was $2.137 billion.
$GME GameStop raises more than $2 billion by selling 75 million shares, capitalizing on meme frenzy
Wen dilution? -- GameStop raises more than $2 billion by selling 75 million shares, capitalizing on meme frenzy https://t.co/d2n2vztfE4
GameStop raises more than $2 billion by selling 75 million shares, capitalizing on meme frenzy https://t.co/NxssvsiJfa
GameStop says it raised $2.14 billion in sale of new shares https://t.co/b5Ev68N2Qa
GameStop says it raised $2.14 billion in share sale https://t.co/OczJFXaXSp
GameStop raised ~$2.14B from a share sale program capitalizing on a stock rally fueled by Keith Gill's YouTube return, selling 75M shares for ~$28.49 on average (@btlipschultz / Bloomberg) https://t.co/sttoRTYagV 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/IQUFfy6zW1
GameStop Stock Falls After Videogame Retailer Raises $2.14 Billion Amid Meme-Stock Rally https://t.co/dBpKqK2UVe
GameStop raises over $2bn after Roaring Kitty rally https://t.co/wqbUZY1SqT
GameStop raises $2.14 bln amid Roaring Kitty-fueled retail trading frenzy https://t.co/w2BC9onPRT https://t.co/rvTMdO1cpB
🔵 GAMESTOP RAISES $2.14 BILLION AMID ROARING KITTY-FUELED RETAIL TRADING FRENZY Full Story → https://t.co/1UqXiiijRP GameStop said on Tuesday it had completed an "at-the-market" equity offering of its shares to raise roughly $2.14 billion in gross proceeds, days after meme… https://t.co/9o3SBNr9C2
GameStop Stock Surges as Roaring Kitty Skewers Recent Losses ► https://t.co/yiYdAgRdog https://t.co/yiYdAgRdog
GameStop has completed the sale of 75 million shares that was announced last Friday, raising a little over $2.1 billion. https://t.co/pUoIHYeLGw
GameStop has now raise more than $3 BILLION on the back of @TheRoaringKitty's return to X, Reddit and Youtube $GME https://t.co/STDalAJx7v
$GME | GameStop Raises $2.14 Billion On Back Of Roaring Kitty-Led Rally - BBG https://t.co/jpg0P1v89E
“[GameStop] has now raised more than $3 billion over the past month through share sales as retail investors powered the stock higher. The latest sale of 75 million shares implied an average price of around $28.49 each”
GameStop raised roughly $2.14 billion from a share sale program as it capitalized on a rally after Keith Gill talked up the stock following his return to YouTube. https://t.co/hpvZKsyoQU
GAMESTOP JUST RAISED OVER $2 BILLION https://t.co/7YYIOhYynT
BREAKING: GameStop completes their at-the-market equity offering, raising over $2.1 billion.
$GME GameStop said it has completed its 75M ATM stock sale, raising $2.137B in the process (which means the deal priced at ~$28.50).
GameStop tumbles for second day as meme-stock rally fades https://t.co/JyyMKtK9WS https://t.co/jMAXffy2u3