GameStop Corp. (GME) Form 8-K — Aug 3, 2026
GameStop Corp. has entered into privately negotiated agreements to exchange approximately $1.4 billion in aggregate principal amount of its convertible senior notes due 2030 and 2032 for Class A common stock. This transaction will reduce the company's outstanding long-term debt by approximately $1.4 billion without the use of cash, leaving about $2.8 billion in notes remaining outstanding. The exchange involves approximately $400 million of the 2030 Notes and $1.0 billion of the 2032 Notes, with the closing expected on or about September 23, 2026.
Key figures
- Cash Proceeds
- 0
- Debt Exchanged
- 1.4 billion
- Debt Remaining2030
- 1.1 billion
- Debt Remaining2032
- 1.7 billion
- 2030 Notes Exchanged
- 400 million
- 2032 Notes Exchanged
- 1.0 billion
- Expected Closing Date
- September 23, 2026
- Reference Period Start
- August 3, 2026
- Reference Period Length
- 35 trading days
Price after filing
Close on the filing date to close N calendar days later (from $19.06). Historical, not a forecast.
AI analysis
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