Olshan Advises GameStop Corp. in Its 75 Million Share At-The-Market Offering

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Bloomberg (subscription required), Reuters, CNBC, BBC and Yahoo Finance have reported on Olshan client GameStop Corp.’s second at-the-market offering in three weeks. This ATM offering was for up to 75 million shares of its Class A common stock, all of which were sold. The offering raised gross proceeds (before commissions and offering expenses) of approximately $2.137 billion for the company (over $3 billion in gross proceeds (before commissions and offering expenses) when combined with the first ATM offering that occurred May 17-24, 2024). Olshan Corporate partner Kenneth Silverman led the Olshan team in this matter, which included partner Honghui Yu and associates John Corrado and Rachel Gold.

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