04:42 PM EDT, 09/23/2024 (MT Newswires) -- GameStop ( GME ) said Monday it completed its equity offering program.

The company said that on Sept. 10 it had filed a prospectus supplement with the US Securities and Exchange Commission to offer and sell up to 20 million shares from "time to time" through an "at-the-market" program.

GameStop ( GME ) said it sold the maximum number of shares registered under the program for gross proceeds of about $400 million.

Net proceeds will be used for general corporate purposes, the company said.

Shares of GameStop ( GME ) were up nearly 2% in after-hours trading.

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