Company: GAME
Filing Date: 2025-08-22
Form Type: PRER14A
Source: 0001641172-25-025153
Chunk: 63

Company: GameSquare Holdings, Inc.
Filing Date: 2025-08-22
Form: PRER14A
Chunk 63
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 Series A-1 Preferred Stock.

“ Liquidation” has the meaning set forth in Section 4.1.

“ Liquidation Value” means, with respect to any Share on any given date, $1.50 on an as-converted to Common Stock basis (as adjusted for any stock splits, stock dividends, recapitalizations, or similar transaction with respect to the Series A-1 Preferred Stock).

“ Person” means an individual, corporation, partnership, joint venture, limited liability company, governmental authority, unincorporated organization, trust, association, or other entity.

“ Preferred Stock” has the meaning set forth in the Recitals.

“ Series A-1 Preferred Stock” has the meaning set forth in Section 1.

“ Share” means a share of Series A-1 Preferred Stock.

“ Subsidiary” means, with respect to any Person, any other Person of which a majority of the outstanding shares or other equity interests having the power to vote for directors or comparable managers are owned, directly or indirectly, by the first Person.

3. Rank. With respect to payment of dividends and distribution of assets upon liquidation, dissolution, or winding up of the Corporation, whether voluntary or involuntary, all Shares of the Series A-1 Preferred Stock shall rank senior to all Junior Securities.

4. Liquidation.

4.1 Liquidation. In the event of any voluntary or involuntary liquidation, dissolution or winding up of the Corporation (a “ Liquidation”), the holders of Shares of Series A-1 Preferred Stock then outstanding shall be entitled, subject to the Shareholder Vote (as defined below), to be paid out of the assets of the Corporation available for distribution to its stockholders, an amount in cash equal to the aggregate Liquidation Value of all Shares held by such holder (the “ Liquidation Value Payment”); provided, that if the Shareholder Vote occurs subsequent to a Liquidation, the Liquidation Value Payment shall be made by the Corporation to the holders of Shares of Series A-1 Preferred Stock then outstanding before any payment shall be made to the holders of Junior Securities.

4.2 Participation With Junior Securities on Liquidation. In addition to and after payment in full of all preferential amounts required to be paid to the holders of Series A-1 Preferred Stock upon a Liquidation under this Section 4, the holders of Shares of Series A-1 Preferred Stock then outstanding shall be entitled to participate with the holders of shares of Junior Securities then outstanding, pro rata as a single class based on the