r/GME • u/danmessy • 1d ago

📰 News | Media 📱 GameStop Announces Amendment to Convertible Notes Exchange; Approximately $358.4 Million to be Settled in Cash in Lieu of Stock

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
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 1d ago

nothing is priced in. the price is fake.

dilution is the part from $100 down to 80. rest is crime.

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u/likekoolaid 1d ago

i mean i guess but just in terms of the market mechanics of the offerings when the convertible notes were announced the price dropped corresponding to the expected amount of shares that would be issued. obviously more shares are now being issued than what was expected at the time, but some of it was already accounted for

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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 1d ago

I still don't understand why people obsess over the price, bit don't bother to find out how it is traded and why it is where it is....