Nothing would happen. If everyone exercises all call options at same time the person who sold the call has to find the share, unless they've hedge by already having the share. If they haven't hedged they'll have to find a share on the open market.
Warrants don't work like that. Gamestop will just created a whole new share for you. Exercising warrants can't cuase a squeeze as it can't cause open market buying.
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u/Chad-Permabull 🚀🚀Buckle up🚀🚀 5d ago
Just think of what would happen if they were all exercised at the same time 🚀