Company: GAME
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023589
Chunk: 102

Company: GameSquare Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 102
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 the six-month anniversary date falls on a weekend or holiday),
then within three business days of that date, the Company shall pay the difference between the collective value and $150,000 to Alta in
cash (the “True-Up Payment”). Upon the Company’s delivery of the Settlement Shares and True Up Payment, if applicable,
the public warrants that are owned and/or beneficially held by Alta at that time shall be cancelled immediately and Alta shall have no
ownership, right, claim, interest or benefit in such public warrants. Moreover, within three business days of Alta’s receipt of
the Settlement Shares, Alta shall file the Stipulation of Voluntary Dismissal with Prejudice, dismissing all claims asserted in the action
against the Company with prejudice.

The
outcomes of pending litigations in which the Company is involved are necessarily uncertain as are the Company’s expenses in prosecuting
and defending these actions. From time to time the Company may modify litigation strategy and/or the terms on which it retains counsel
and other professionals in connection with such actions, which may affect the outcomes of and/or the expenses incurred in connection
with such actions.

The
Company is subject to various other claims, lawsuits and other complaints arising in the ordinary course of business. The Company records
provisions for losses when claims become probable, and the amounts are estimable. Although the outcome of such matters cannot be determined,
it is the opinion of management that the final resolution of these matters will not have a material adverse effect on the Company’s
financial condition, operations, or liquidity.

48

ITEM
1A. RISK FACTORS

The risks and uncertainties described in our 2024 Annual Report on Form
10-K, as supplemented by this Form 10-Q, are not the only ones we face. Additional risks and uncertainties not presently known to us or
that we currently deem immaterial may also materially adversely affect our business, financial condition, or results of operations.

Risks
Relating to Cryptocurrencies and Digital Assets

Ethereum
and other digital assets are novel assets, and are subject to significant legal, commercial, regulatory and technical uncertainty.

Ethereum
and other digital assets are relatively novel and are subject to significant uncertainty, which could adversely impact their price. The
application of state and federal securities laws and other laws and regulations to digital assets is unclear in certain respects, and
it is possible that regulators in the United States or foreign countries may interpret or apply existing laws and regulations in a manner
that adversely