GameSquare secures $10M loan to pay off debt and fuel growth, convertible to stock in 2025.

GameSquare Holdings, Inc. has secured a $10 million convertible note from Gigamoon Media, LLC, owned by Matt Kalish. The funds will be used to pay off an existing debt with Yorkville Advisors and for general corporate use. The note can convert into GameSquare's common stock or FaZe Media's preferred stock in 2025. This move aims to bolster GameSquare’s financial position and support its growth plans.

November 14, 2024
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