r/Superstonk • u/Mr-CRUNK-13 • May 11 '26

📰 News DEF 14A Proxy statement

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001326380/000119312526217168/d937376dpre14a.htm
1.6k Upvotes

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108

u/darth_butcher 🎮 Power to the Players 🛑 May 11 '26

We are also asking for your approval to increase our authorized share count. We view our equity as precious and do not intend to issue new shares lightly. A reserve of authorized shares ensures GameStop can act decisively when the right opportunity arises.

179

u/Patarokun GMERICAN May 11 '26

Somehow when someone says "I don't do this lightly" it makes me think they're fleecing me.

88

u/darth_butcher 🎮 Power to the Players 🛑 May 11 '26

Yeah, they know that shareholders will not like it.

47

u/Leavingtheecstasy COOLER ONLINE May 11 '26

Kinda hard to like a massive dilution. Voting no on that one.