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Financing Follows Non-Core Asset Sales that Raised over $36 Million of Non-Dilutive Capital
GameSquare Intends to Repay Outstanding Senior Secured Note with Unsecured Proceeds
FRISCO, TX / ACCESSWIRE / July 9, 2024 / GameSquare Holdings, Inc. (NASDAQ:GAME), ("GameSquare", or the "Company"), today announced that it has entered into a $20 million pre-paid advance agreement (the "PPA") with an investment fund managed by Yorkville Advisors Global L.P ("Yorkville"). In conjunction with the Yorkville transaction, the Company intends to repay the $5.7 million balance on its senior secured convertible note with King Street Partners LLC.
Posted In: GAME
