GameStop (GME) Plans to Use $358M of Cash to Reduce Dilution in Its Note Exchange. Is Liquidity Being Put to Better Use?
GameStop (GME) amended its $1.4B convertible note exchange, reducing share issuance to 55.5M and paying $358.4M in cash. The move provides certainty on dilution and reduces future obligations. Preliminary Q3 results show improved operating income but lower sales, with gains from investments impacting net income.






