Company: GAME
Filing Date: 2025-07-18
Form Type: 424B5
Source: 0001641172-25-020129
Chunk: 8

Company: GameSquare Holdings, Inc.
Filing Date: 2025-07-18
Form: 424B5
Chunk 8
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 excludes the following: |

| ● | 6,452,514 shares of Common Stock issuable upon exercise of outstanding options at a weighted average exercise price of $2.00 per share of Common Stock;     |
| ● | 416,621 shares of Common Stock issuable upon exercise of outstanding options at a weighted averaged exercise price of CAD $19.34 per share of Common Stock; |
| ● | 2,329,234 shares of Common Stock issuable upon the vesting of restricted stock units;                                                                       |
| ● | 284,091 shares of shares of Common Stock issuable upon a convertible note, at a $4.40 conversion price;                                                     |
| ● | 3,422,972                                                                                                                                                   
 shares of Common Stock Issuable upon exercise of warrants at a weighted averaged exercise price of $20.89 per share;                                        |
| ● | 123,930 shares of Common Stock Issuable upon exercise of warrants at a weighted average exercise price of CAD $9.68 per share; and                          |
| ● | 563,267 shares of Common Stock reserved for future issuance under the GameSquare Holdings, Inc. 2024 Stock Incentive Plan.                                  |

| S-7 |

<div align='center'>THE COMPANY</div>

Businesses of GameSquare

GameSquare Holdings, Inc. (“ GameSquare,” the “ Company,” “ we,” “ us,” and “ our”) is a vertically integrated, digital media, entertainment and technology company that connects global brands with gaming and youth culture audiences. GameSquare’s end-to-end platform includes Gaming Community Network (“ GCN”), a digital media company focused on gaming and esports audiences, Swingman LLC dba as Zoned, a gaming and lifestyle marketing agency, Code Red Esports Ltd. (“ Code Red”), a UK based esports talent agency, FaZe Holdings Inc. (“ FaZe”), a lifestyle and media platform rooted in gaming and youth culture whose premium brand, talent network, and large audience can be monetized across a variety of products and services, GSQ dba as Fourth Frame Studios, a creative production studio, Mission Supply, a merchandise and consumer products business, Frankly Media, programmatic advertising, Stream Hatchet, live streaming analytics, and Sideqik a social influencer marketing platform.

GameSquare Holdings, Inc. (formerly Engine Gaming and Media, Inc.), (NASDAQ: GAME) completed its plan of arrangement (the “Arrangement”) with GameSquare Esports Inc. (“ GSQ”) on April 11,