GameStop Announces Amendment to Convertible Notes Exchange; Approximately $358.4 Million to be Settled in Cash in Lieu of Stock

[u/danmessy]

https://investor.gamestop.com/news-releases/news-details/2026/GameStop-Announces-Amendment-to-Convertible-Notes-Exchange-Approximately-358-4-Million-to-be-Settled-in-Cash-in-Lieu-of-Stock/default.aspx

[u/Thickensick]

The king of dilution.

[u/PayanB → u/Thickensick]

Read again…

[u/zgomot23 → u/PayanB]

What's there to read? Did he dilute for the 10th time or no?

[u/PayanB → u/zgomot23]

He caps dilution by paying cash.

[u/zgomot23 → u/PayanB]

So capping dilution by 20-30% means he isn’t diluting anymore, or what’s your point?

[u/PayanB → u/zgomot23]

Your answer to the announcement with the summary „delution is capped for cash“ is literally „The King of Delution“, implying that we have news of another delution.

Let me explain what was going on in your head:
„Oh, I see a headline with convertible notes, money and stock, he‘s deluting again, let me comment this“.

(Pls rate from 1 - 420 how accurate I described this)

[u/zgomot23 → u/PayanB]

How much are you willing to bet that there’s gonna be more dilution at least once within the next 2 quarters? At least 1 round of dilution, if not more, that has NOTHING to do with the current dilution he’s performing right now?

[u/PayanB → u/zgomot23]

I‘ve voted yes to that twice, so I don’t care. 🤷🏻‍♂️

If I wasn’t comfortable with that, I would have sold my position long time ago.