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GameSquare is planning to raise $70 million to increase its ETH holdings

By: theblockbeats.news|2025/07/17 13:52:09

BlockBeats News, July 17th, Nasdaq-listed company GameSquare Holdings announced its intention to issue 46,666,667 common shares to raise $70 million. The company plans to use this funding to increase its ETH holdings. GameSquare CEO Justin Kenna revealed that the offering includes a 15% over-allotment, and if fully exercised, the total proceeds will reach approximately $80.5 million. The related transactions are expected to be completed around July 18, 2025, subject to customary closing conditions.

Plasma officially launches XPL public sale, token economic model announced

Enlightify has announced its plan to acquire $20 million worth of CYBER tokens over the next 12 months.