sur GameSquare Holdings, Inc. (NASDAQ:GAME)
GameSquare Ends Convertible Note and Equity Purchase Agreement with Yorkville
GameSquare Holdings, Inc., a media company specializing in gaming and creator entertainment, has announced the termination of its convertible note and standby equity purchase agreement with Yorkville Advisors Global LP. This strategic move involved issuing a zero-coupon, 60-day promissory note to Yorkville, with a prepayment penalty of $780,000. GameSquare plans to settle this using existing cash.
Yorkville's previously owned shares were purchased by outside investors on January 21, 2025. GameSquare CEO, Justin Kenna, emphasized that this development enhances the company's capital structure and highlights its growth opportunities.
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