Company: GAME
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023589
Chunk: 285

Company: GameSquare Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 4
Chunk 285
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 adversely affected thereby.

It
is also unclear what additional guidance on the treatment of digital assets for U.S. federal income tax purposes may be issued in the
future. Any such alteration of the current IRS positions or additional guidance could result in adverse tax consequences for us and could
have an adverse effect on the value of digital assets. Because of the evolving nature of digital assets, it is not possible to predict
potential future developments that may arise with respect to digital assets. Such developments may increase the uncertainty with respect
to the treatment of digital assets for U.S. federal income tax purposes.

ITEM
2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

Repurchases
of Shares

None.

ITEM
3. DEFAULTS UPON SENIOR SECURITIES

None.

ITEM
4. MINE SAFETY DISCLOSURES

Not
applicable.

ITEM
5. OTHER INFORMATION

During
the three months ended September 30, 2025, no director or officer of the Company adopted
or terminated
a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in
Item 408(a) of Regulation S-K.

51

ITEM
6. EXHIBITS

The
exhibits to this Form 10-Q are listed in the following Exhibit Index:

    Exhibit
    No.
     
    Description

    2.1^
     
    Equity Purchase Agreement dated as of September 10, 2025, by and among GameSquare Holdings, Inc., Emma Jane Holdings Pty Ltd as Trustee for the Emma Jane Trust, El Watkins Investments Pty Ltd as Trustee for the El Watkins Investment Trust, GM Watkins Pty Ltd as Trustee for the GM Watkins Trust, Matthew Palaje, individually, and Phiroz Austin, individually, and Grace Watkins, solely in her capacity as the representative of the Sellers (incorporated by reference to Exhibit 2.1 to the Registrant’s Current Report on Form 8-K, filed with the SEC on September 11, 2025).

    3.1
     
    Certificate of Incorporation of GameSquare Holdings, Inc. (incorporated by reference to Exhibit 3.1 to the Registrant’s Current Report on Form 8-K, filed with the SEC on March 13, 2024).

    3.2
     
    Certificate of Design