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Stock impact report

Take-Two Interactive Software, Inc. Announces Secondary Offering of Common Stock by Embracer Group AB

Take-Two Interactive Software, Inc. (TTWO) 
Last take-two interactive software, inc. earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.take2games.com
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Take-Two Interactive Software, Inc. (NASDAQ: TTWO) (the “Company” or “Take-Two”) today announced an underwritten public secondary offering of 2,830,084 shares of its outstanding common stock held by Embracer Group AB (the “Selling Shareholder”), which were issued to the Selling Shareholder on June 11, 2024 in connection with the closing of the Company’s acquisition of The Gearbox Entertainment Company, Inc.The offering is solely a resale of secondary shares currently issued and outstanding, and Take-Two will not receive any proceeds from the sale of common stock in the offering.Goldman Sachs & Co. LLC is the sole underwriter for the offering.The offering of these securities is being made pursuant to Take-Two’s effective shelf registration statement (including a prospectus) on Form S-3 previously filed with the Securities and Exchange Commission (“SEC”) on June 11, 2024. Before you invest, you should read the prospectus included in the shelf registration Show less Read more
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