Company: GAME
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-023972
Chunk: 124

Company: GameSquare Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 124
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-Market Sales Agreement, unless and until a new prospectus
or prospectus supplement is filed with the Securities and Exchange Commission.

July
9, 2025 Offering

On
July 8, 2025, the Company entered into an underwriting agreement with Lucid Capital Markets, LLC (the “Underwriter”)
pursuant to which the Company issued and sold to the Underwriter pursuant to the Underwriting Agreement 4,692,866 shares of common stock,
par value $0.0001 per share and 3,728,188 pre-funded warrants (each representing the right to purchase one Share of Common Stock at an
exercise price of $0.0001, the “Pre-Funded Warrant”) to purchase shares of Common Stock, at an offering price
of $0.95 per Share (or $0.9499 per Pre-Funded Warrant), and grant to the Underwriter an option for the issuance and sales of up to 1,263,157
additional Shares or Pre-Funded Warrants (the “Option”) to be sold by the Company (the “Offering”).
The Offering closed on July 9, 2025. The aggregate gross proceeds to the Company from the Offering were approximately $8.56 million,
after deducting an underwriting discount of 7% of the price to the public, but before deducting expenses payable by the Company in connection
with the Offering. Pursuant to the Underwriting Agreement we also agreed to issue the Underwriter’s common stock purchase warrants
(the “Representative’s Warrant”) to purchase up to 10% of the securities sold in the Offering at an exercise
price of $1.14.

On
July 9, 2025, the Underwriter fully exercised its Option pursuant to the Underwriting Agreement and purchased and exercised 1,263,157
Pre-Funded Warrants at a price of $0.9499 per Pre-Funded Warrant and at an exercise price of $0.0001 per Pre-Funded Warrant. The Underwriter’s
exercise of its Option resulted in additional gross proceeds to the Company of $1,199,872.83 after deducing the underwriting discount
of 7% of the price to the public.

July
18, 2025 Offering

On
July 17, 2025, the Company entered into an underwriting agreement with Lucid Capital Markets, LLC (the “Underwriter”)
pursuant to which