GameStop Corp. has released a Notice of Guaranteed Delivery for holders of its outstanding warrants to purchase Class A common stock. The filing provides a specific mechanism for exercising these financial instruments if physical delivery cannot be completed before the expiration deadline.
The warrants, issued under a Warrant Agreement dated October 7, 2025, allow holders to buy one share of GameStop Class A common stock for a cash exercise price of $32.00 per warrant. The document specifies that these warrants will expire and cease to be exercisable at 5:00 p.m. New York City time on October 30, 2026.
The company stated that the Notice of Guaranteed Delivery is intended for holders who are unable to deliver their warrants in a timely manner prior to the expiration date. To use this method, holders must submit a fully completed and executed notice to the Warrant Agent, Computershare Trust Company N.A., located at 150 Royall Street, Canton, MA 02021. The filing notes that delivery to any other address does not constitute valid delivery.
In addition to the $32.00 exercise price, the notice must include a guarantee from an "eligible guarantor institution" as defined in Rule 17Ad-15 under the Securities Exchange Act of 1934. This guarantee ensures that the financial institution will deliver the warrants to the Warrant Agent or through the book-entry transfer facility at The Depository Trust Company within one trading day after the date of the notice.
The document explicitly states that the Notice of Guaranteed Delivery is not to be used for signature guarantees. If a signature on an election to purchase requires a guarantee, it must appear in the designated space on the election form rather than on the delivery notice itself. The filing warns that failure by the eligible institution to deliver the warrants within the specified timeframe could result in financial loss to that institution.
Holders may choose their method of delivery at their own option and risk. The company suggests using registered mail properly insured if mail is used. Wire instructions are available through The Depository Trust Company or can be requested directly from the Warrant Agent.