GameStop Corp. (NYSE:GME) Files An 8-K Other Events

GameStop Corp. (NYSE:GME) Files An 8-K Other Events
Item 8.01

On June 10, 2019, GameStop Corp., a Delaware corporation (the “Company”), announced that it intends to commence a “modified Dutch auction” self-tender offer to purchase up to 12,000,000 of its shares of Class A common stock (“Common Stock”), or such lesser number of its shares of Common Stock as are properly tendered and not properly withdrawn, at a purchase price of not greater than $6.00 and not less than $5.20 per share, net to the tendering stockholder in cash (the “Offer”). The Offer is expected to commence on June 11, 2019 and expire at 5:00 p.m., New York City time, on July 10, 2019, unless extended.

Attached as Exhibit 99.1, and incorporated by reference herein, is a copy of the Company’s press release dated June 10, 2019 announcing the Company’s intention to commence the Offer.

Tender Offer Statement

This communication is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any shares of Common Stock. On the commencement date of the Offer, a tender offer statement on Schedule TO, including an offer to purchase, a letter of transmittal and related materials, will be filed with the Securities and Exchange Commission (the “SEC”) by the Company. The solicitation and offer to buy shares of Common Stock will only be made to the offer to purchase, the letter of transmittal and the related materials that the Company will file as part of the Schedule TO. Shareholders should carefully read those materials when they are available because they will contain important information, including the various terms and conditions of the Offer. Neither the Company nor its directors make any recommendation as to whether to tender shares or as to the price at which to tender them. Shareholders may obtain free copies, when available, of the tender offer statement on Schedule TO, the offer to purchase, the letter of transmittal and the related materials that will be filed by the Company with the SEC at the commission’s website at Once the tender offer is commenced, shareholders also may obtain a copy of these documents, without charge, from the investor relations section of the Company’s website: or from the information agent for the tender offer.

99.1    Press Release dated June 10, 2019.

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GameStop Corp. Exhibit
EX-99.1 2 d762902dex991.htm EX-99.1 EX-99.1 Exhibit 99.1   GameStop Announces Intention to Launch a Modified Dutch Auction Tender Offer Intends to launch a “modified Dutch auction” tender offer to repurchase up to 12,…
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About GameStop Corp. (NYSE:GME)

GameStop Corp. is an omnichannel video game retailer. The Company sells video game hardware, physical and digital video game software, video game accessories, as well as mobile and consumer electronics products and other merchandise through its GameStop, EB Games and Micromania stores. The Company operates its business in four Video Game Brands segments: United States, Canada, Australia and Europe, and Technology Brands segment. Each of the Video Game Brands segments consists of retail operations, with all stores engaged in the sale of new and pre-owned video game systems, software and accessories. Its Video Game Brands stores sell various types of digital products, including downloadable content, network points cards, prepaid digital, prepaid subscription cards and digitally downloadable software, and also sell certain mobile and consumer electronics products and collectible products. Its Technology Brands segment includes its Spring Mobile and Simply Mac businesses.

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