Company: GAME
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004869
Chunk: 443

Company: GameSquare Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 2
Chunk 443
---
000) 
     - 
  
    Cash acquired in Engine acquisition 
     -  
     11,326,146 
  
    Cash acquired in Faze Clan acquisition 
     2,406,812  
     - 
  
    Disposal of Frankly Media assets 
     35,500  
     2,750,000 
  
    Disposal of Complexity, net of cash disposed 
     328,284  
     - 
  
    Net cash provided by investing activities 
     2,705,479  
     14,073,907 
  
    Cash flows from financings activities: 

    Proceeds from private placements 
     10,000,000  
     - 
  
    Payment of equity issuance costs 
     (134,942) 
     - 
  
    Non-controlling interest in Faze Media, Inc. 
     20,500,000  
     - 
  
    Proceeds (repayments) on promissory notes receivable, net 
     150,000  
     - 
  
    Proceeds (repayments) on promissory notes payable, net 
     -  
     185,397 
  
    Repayment of borrowings on credit facility 
     -  
     (750,000)
  
    Proceeds from issuance of convertible debt 
     16,045,000  
     - 
  
    Repayment of principal on convertible debt 
     (7,575,701) 
     - 
  
    Proceeds (repayments) on line of credit, net 
     (1,017,114) 
     4,518,571 
  
    Net cash provided by financing activities 
     37,967,243  
     3,953,968 
  
    Effect of exchange rate changes on cash and restricted cash 
     53,664  
     65,820 
  
    Net increase (decrease) in cash and restricted cash 
     10,156,142  
     2,015,425 
  
    Cash and restricted cash, beginning of year 
     2,992,838  
     977,413 
  
    Cash and restricted cash, end of year 
    $13,148,980  
    $2,992,838 

The
accompanying notes are an