[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 Choice Exercised, Bringing Complete Gross Proceeds to $9.2 Million from Current Providing
GameSquare Holdings, Inc. (Nasdaq: GAME) (the “Firm” or “GameSquare”) a next-generation media, leisure, and know-how 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 value of $2,749 per ETH. This marks the primary deployment beneath the Firm’s $100 million Ethereum treasury authorization, aimed 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,” stated 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 way of decentralized finance protocols and Ethereum ecosystem belongings. 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 an extra 1,263,157 shares (or frequent inventory equivalents) on the public providing value, much less underwriting reductions and commissions. This brings whole 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 assist from a high-caliber group of buyers 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 absolutely carried out, GameSquare expects to allocate capital generated from this technique to assist 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 way in which manufacturers and sport publishers join with hard-to-reach Gen Z, Gen Alpha, and Millennial audiences. Our subsequent technology media, leisure, and know-how capabilities drive compelling outcomes for creators and maximize our model companions’ return on funding. By way of our purpose-built platform, we offer award profitable advertising and inventive companies, supply main information and analytics options, and amplify consciousness by way of FaZe Clan Esports, one of the vital distinguished and influential gaming organizations on this planet. 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 accommodates “forward-looking info” and “forward-looking statements” (collectively, “forward- trying statements”) inside the that means of the relevant securities laws. All statements, aside from statements of historic truth, are forward-looking statements and are primarily based on expectations, estimates and projections as on the date of this information launch. Any assertion that entails discussions with respect to predictions, expectations, beliefs, plans, projections, targets, assumptions, future occasions or efficiency (typically however not all the time utilizing phrases akin to “expects”, or “doesn’t anticipate”, “is anticipated”, “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 “might”, “would”, “would possibly” 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 potential to execute on its present and future enterprise plans. These forward-looking statements are offered solely to offer info presently out there 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 primarily based upon plenty of estimates and assumptions which embody, however will not be restricted to: the Firm’s potential to develop its enterprise and with the ability to execute on its enterprise plans, the success of Firm’s distributors and companions of their provision of companies to the Firm, the Firm with the ability to acknowledge and capitalize on alternatives and the Firm persevering with to draw certified personnel to helps its improvement necessities. These assumptions, whereas thought of cheap, are topic to identified and unknown dangers, uncertainties, and different components which can trigger the precise outcomes and future occasions to vary materially from these expressed or implied by such forward-looking statements. Such components embody, however will not be restricted to: the Firm’s potential to attain its targets, 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 basic enterprise, financial, aggressive, political and social uncertainties. These danger components will not be supposed to characterize a whole listing of the components that might have an effect on the Firm that are mentioned within the Firm’s most up-to-date MD&A. There could be no assurance that forward-looking statements will show to be correct, as precise outcomes and future occasions might 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 components, ought to they modify, besides as required by legislation.
GameSquare Company Contact
Lou Schwartz, President
Cellphone: (216) 464-6400 Electronic mail:
ir@gamesquare.com
GameSquare Investor Relations
Andrew Berger
Cellphone: (216) 464-6400
Electronic mail: ir@gamesquare.com
GameSquare Media Relations
Chelsey Northern / The Untold
Cellphone: (254) 855-4028
Electronic mail: pr@gamesquare.com
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