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GameSquare Extinguishes Convertible Note and Standby Equity Purchase Agreement with Yorkville Advisors Global LP

1. GameSquare extinguished its convertible note and equity agreement with Yorkville. 2. This could enhance financial flexibility and attract future investments.

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Why Bullish?

Extinguishing debt can improve investor sentiment and future capital structure, similar to past debt reductions seen in other companies leading to price increases.

How important is it?

This development shows GameSquare's commitment to financial health, a positive sign for investors.

Why Short Term?

The elimination of debt is likely to have an immediate positive effect on stock price as it improves fiscal health.

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GAMEYRVL
FRISCO, TX / ACCESS Newswire / January 22, 2025 / GameSquare Holdings, Inc. (NASDAQ:GAME), ("GameSquare", or the "Company"), a next generation media company with roots in gaming and creator entertainment, today announced that it has extinguished its outstanding convertible note and standby equity purchase agreement with Yorkville Advisors Global L.P. ("Yorkville").

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