Company: GAME
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004869
Chunk: 1376

Company: GameSquare Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 8
Chunk 1376
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, 

    2024  
    2023 
  
    Options and RSUs outstanding 
     3,339,257  
     1,081,218 
  
    Warrants outstanding 
     1,978,481  
     1,635,802 
  
    Shares issuable upon conversion of convertible debt 
     9,659,520  
     1,444,090 
  
    Total 
     14,977,258  
     4,161,110 

15.
Share-based compensation

The
Company grants share purchase options (“Options”) for the purchase of common shares to its directors, officers, employees
and consultants.

Options
may be exercisable over periods of up to 10 years as determined by the Board of Directors of the Company. The Option price for shares
that are the subject of any Option shall be fixed by the Board when such Option is granted but shall not be less than the market value
of such shares at the time of grant.

The
Omnibus Plan allows the Company to award restricted share units to directors, officers, employees and consultants of the Company and
its subsidiaries upon such conditions as the Board may establish, including the attainment of performance goals recommended by the Company’s
compensation committee. The purchase price for common shares of the Company issuable under each RSU award, if any, shall be established
by the Board at its discretion. Common shares issued pursuant to any RSU award may be made subject to vesting conditions based upon the
satisfaction of service requirements, conditions, restrictions, time periods or performance goals established by the board.

The
TSXV required, at the time of approval of the Omnibus Plan, the Company to fix the number of common shares to be issued in settlement
of awards that are not options. The maximum number of common shares available for issuance pursuant to the settlement of RSU shall be
an aggregate of 2,861,658 common shares.

    F-39

(a)
Options

The
following is a summary of Options outstanding as of December 31, 2024 and 2023, and changes during the years then ended, by Option exercise
currency:

 Schedule of option outstanding

    Number of shares  
    Weighted-average exercise price (CAD)  
    Weighted-average remaining contractual term  
    Aggregate intrinsic value 
  
    Outstanding at December 31, 2022 
     458,643