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19.10.26 - 22:09
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GameStop Reminds Holders of October 30, 2026 Warrant Expiration Date (Business Wire)
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GRAPEVINE, Texas--(BUSINESS WIRE)--GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today reminds holders that its warrants to purchase shares of Class A common stock (“Common Stock”) will expire at 5:00 p.m., New York City time, on October 30, 2026. Each warrant is exercisable for one share of Common Stock at an exercise price of $32.00 in cash. Warrants not exercised by that time will expire worthless.
In connection with the foregoing expiration, the warrants will cease trading under the symbol “GME WS” on the New York Stock Exchange (the “NYSE”) before the markets open on October 30, 2026. Holders wishing to exercise their warrants should contact their broker (or, if their warrants are held in a registered account with the Company's transfer agent, Computershare) sufficiently in advance of the expiration date to confirm applicable exercise instructions and deadlines. Brokers may impose earlier exercise deadlines.
As an accommodation to warrant holders who are unable to deli...
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07.10.26 - 21:33
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Leaked GameStop Memo Shows Used PS5 Pros Priced Above New Ones As GTA 6 Release Looms (ZeroHedge)
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Leaked GameStop Memo Shows Used PS5 Pros Priced Above New Ones As GTA 6 Release Looms
A leaked internal GameStop memo shared on Reddit lists pre-owned PlayStation 5 Pro consoles at $1,399.99 to $1,499.99, depending on specifications, putting them more than 50% above the $899 retail price of a brand-new unit.
"The pre-owned console will have a higher price than the new console," the memo states. "This is intentional."
Lo and behold, it is...
Brand-new PS5 Pro units have a retail price of $899, up from $749.99 earlier this year because of chip shortages. It's unclear why GameStop raised used console prices by more than 50%.
GameStop is already listing pre-owned and refurbished PlayStation 5 Pro console for $1,399, while listing brand new ones for $899.99? At this point, what's the difference between scalpers and these stores? Multiple customers also raised concerns that they could open their stock and pass it down as “pre-owned” for higher prices, though there...
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