Company: GAME
Filing Date: 2025-05-09
Form Type: S-3/A
Source: 0001641172-25-009433
Chunk: 24

Company: GameSquare Holdings, Inc.
Filing Date: 2025-05-09
Form: S-3/A
Chunk 24
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 delivered to the depositary and that we are required to furnish to the holders of the preferred stock. In addition, the depositary will make available for inspection by holders of depositary receipts at the principal office of the depositary, and at such other places as it may from time to time deem advisable, any reports and communications we deliver to the depositary as the holder of preferred stock.

Limitation of Liability

Neither we nor the depositary will be liable if either is prevented or delayed by law or any circumstance beyond its control in performing its obligations. Our obligations and those of the depositary will be limited to performance in good faith of our and its duties thereunder. We and the depositary will not be obligated to prosecute or defend any legal proceeding in respect of any depositary shares or preferred stock unless satisfactory indemnity is furnished. We and the depositary may rely upon written advice of counsel or accountants, on information provided by persons presenting preferred stock for deposit, holders of depositary receipts or other persons believed to be competent to give such information and on documents believed to be genuine and to have been signed or presented by the proper party or parties.

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<div align='center'>DESCRIPTION OF WARRANTS</div>

We may issue warrants to purchase debt securities, preferred stock, depositary shares or common stock. We may offer warrants separately or together with one or more additional warrants, debt securities, preferred stock, depositary shares or common stock, or any combination of those securities in the form of units, as described in the applicable prospectus supplement. If we issue warrants as part of a unit, the applicable prospectus supplement will specify whether those warrants may be separated from the other securities in the unit prior to the expiration date of the warrants. The applicable prospectus supplement will describe the following terms of any warrants:

| ● | the                                                                                                  
 specific designation and aggregate number of, and the offering price at which we will issue,         
 the warrants;                                                                                        |
| ● | the                                                                                                  
 currency or currency units in which the offering price, if any, and the exercise price are           
 payable;                                                                                             |
| ● | the                                                                                                  
 date on which the right to exercise the warrants will begin and the date on which that right         
 will expire or, if you may not continuously exercise the warrants throughout that period,            
 the specific date or dates on which you may exercise the warrants;                                   |
| ● | whether                                                                                              
 the warrants are to be sold separately or with other securities as parts of units;                   |
|