GameStop said its warrants to buy Class A common stock will expire at 5:00 p.m. New York time on Oct. 30, 2026, with each warrant exercisable for one share at $32.00 in cash.
The company said warrants that are not exercised by the deadline will expire worthless. Trading in the warrants under the symbol “GME WS” on the New York Stock Exchange will stop before the market opens on Oct. 30.
For holders using the guaranteed-delivery process, the notice and payment must be received by 5:00 p.m. on Oct. 30, and the warrants must be delivered by 5:00 p.m. on Nov. 2.
GameStop also said the NYSE intends to file a Form 25 to delist and deregister the warrants. The company’s common stock will continue trading on the NYSE under the symbol “GME.” The market has reacted to these announcements by moving the company's shares -4.32% to a price of $26.81. For the full picture, make sure to review GameStop's 8-K report.
